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FHCHI - youth house - DS NPSHFHY Budget Draft 1-pmr.docxNorthampton permanent supportive housing for homeless youth Annual Operating Budget Revenue  Amount Revenue Source  Rental Income 8 units       1.5, 2-BR units @ HUD FMR $924/month  $ 16,632 MHSA (State)*   .5, 2-BR units @ HUD FMR $924/month  $ 5,544 HHS (Federal)**   4, 0-BR discounted rent $400/month  $ 19,200 Tenant (private)***  Case Manager Support  $ 9,751 MHSA (State)  Case Manager/Outreach Support  $ 26,653 HHS (Federal)         Total Project Revenue  $ 77,781           Expenses      Personnel       Facilities Maintenance Coordinator @ .2 FTE  $ 7,925 Rent   Case Manager @.67 FTE  $ 23,114 MHSA/HHS   Street Outreach @ .26 FTE  $ 9,246 HHS          Subtotal - Personnel  $ 40,284    Non Personnel      Utilities  $ 8,000 Rent  Property/Liability Insurance  $ 2,500 Rent  PILOT  $ 900 Rent  Maint. (snow, repairs, landscape, security, trash)  $ 6,571 Rent  Telephone/Internet  $ 2,760 Rent         Subtotal non-personnel  $ 20,731           Total Expenses  $ 61,015    Admin @12.5%  $ 7,627    Replacement Reserve  $ 4,800 Rent  Operating Reserve  $ 4,338 Rent   Total  $ 77,780    Non-cash annual Depreciation  $ 17,500     *Secured grant in 3rd year funded through state Home & Healthy for Good LGBTQ Housing First funds subcontracted to DIAL/SELF through Massachusetts Housing & Shelter Alliance **Secured 3 year grant funded through US Dept HHS through FYSB RHY awarded directly to DIAL/SELF *** 4 units with lower than Market Rate rents to be charged directly to tenants pending additional funding applications: United Way of Hampshire County – Decision in July 2016 MA EOHHS (subcontracted through Community Action) - Decision in March 2016 MRVP/HUD Section 8 Subsidies – Applications pending project completion