Total Project Cost: $73vmw.pdc.us/.../ccstudy/requestlog/Revised-Project-Funding.pdf · Total...
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79% Loans 1% Tax Increment Financing 20% Equity 6th & Oak Total Project Cost: $73.6M * 0.5% Marriot Key Money Grant (Private Financing) 1% Public (TIF) 99% Private (Equity, Loans) Public Private
Transcript of Total Project Cost: $73vmw.pdc.us/.../ccstudy/requestlog/Revised-Project-Funding.pdf · Total...
79% Loans
1% Tax Increment Financing
20% Equity
6th & OakTotal Project Cost: $73.6M* 0.5% Marriot Key Money Grant
(Private Financing)
1% Public (TIF)99% Private (Equity, Loans)
Public
Private
6. A CENTER FOR CHANGE
The new Mercy Corps headquarters will mesh the more-than-century-old Skidmore Building with a visually striking new addition while maintaining financial and environmental responsibility.
THOMAS HACKER ARCHITECTS
44% Equity
17% Loans
12% Tax Increment Financing
9% Historic Tax Credits
Mercy Corps World HeadquartersTotal Project Cost: $37.3M
17% New Markets Tax Credits 2% Business Energy Tax Credit
(Private Financing)
12% Public (TIF)61% Private (Equity, Loans)28% Public/Private (HTC, BETC, NMTC)
Public
Private
Public/Private
12% Tax Increment Financing
Meier & FrankTotal Project Cost: $139.9M
49% Loans
12% Tax Increment Financing
9% Equity
10% Historic Tax Credits
19% New Markets Tax Credits* 0.2% Business Energy Tax Credit
(Private Financing)
12% Public (TIF)58% Private (Equity, Loans) 29% Public/Private (HTC, BETC, NMTC)
Public
Private
Public/Private
Typical* Housing Preservation ProjectTotal Project Cost: $42M
* Other:4% Deferred Developer Fee2% NOI during Rehab0.2% Business Energy Tax Credit
*Similar to Clay Tower
16% Loans
12% Tax Increment Financing
23% Equity
43% State Bond Financing
6% Oth
er*
(Private Financing)
12% Public (TIF)45% Private (Equity, Loans, Deferred Dev. Fee, NOI)43% Public/Private (Bonds, BETC)
Public
Private
Public/Private
Typical* Mixed Use DevelopmentTotal Project Cost: $12M
*Similar to The Jeffrey
23% Equity
12% Tax Increment Financing
16% System Development Charge Waivers
43% Tax Exempt Bonds
6% Other** Other:4% Deferred Developer Fee2% NOI during Rehab0.2% Business Energy Tax Credit
28% Public (TIF, SDCs)29% Private (Equity, Deferred Dev. Fee, NOI)43% Public/Private (Bonds, BETC)
Private
Public/Private
Public
Portland StreetcarLegacy Good Samaritan to SW Lowell & Bond
Total Project Cost: $103M
21% Portland Development Commission
40% City of Portland
19% Local Improvement District
18% Grants (State & Federal)2% Miscellaneous
Notes:-City of Portland funding includes: General Fund, Parking Bonds, Parking Fund, Transportation Fund, and Land Sales-Portland Development Commission funding includes Tax Increment Financing from South Parks Blocks and North Macadam Urban Renewal Areas and Land Sales Proceeds-All funding informtion came from the Portland Streetcar website: http://www.portlandstreetcar.org/funding.php
79 % Public (City, PDC, Grants)19% Private (LID)
Public
Private
5%
Priv
ate
Fin
an
cing
77
% T
ax In
crem
en
t
Fin
an
cing
1%
Gra
nts
1%
TriM
et
3%
Po
rtlan
d P
ark
s
& R
ecre
atio
n
12
% B
ure
au
of
En
viro
nm
en
tal S
erv
ices
5% Private
95% Public
95 % Public (TIF, Grants, TriMet, PPR, BES)5% Private (Parks Foundation Fundraising and other private financing)
Waterfront ParkTotal Project Cost: $16.1M
