DETAILED PLAN FOR PROPOSED PHASED PROJECT FINANCE DISBURSEMENT FORTHE GOOD NEIGHBOR ACRES PROJECT.

PHASE 1:

Total Land Acquisition Cost: $12,000,000.

Funding Source: Crowd funding.

Disbursement Schedule:

Initial Disbursement: $12,000,000 for land acquisition.

Subsequent Disbursement: As construction progresses, funds will be released for infrastructure development, including roads, security installations, and initial amenities.

Final Disbursement: Upon completion of land development, a final disbursement will be made to cover any remaining costs and facilitate the start of plot sales.

PHASE 2:

Total Land Acquisition Cost: $8,500,000 Funding Source: Crowd funding.

Disbursement Schedule:

Initial Disbursement: $8,500,000 for land acquisition.

Subsequent Disbursement: Funds will be released progressively as construction of gated communities commences, covering infrastructure, amenities, and security installations.

Final Disbursement: Upon completion of the gated communities, a final disbursement will be made to cover any remaining costs and facilitate the start of plot sales.

PHASE 3:

Total Land Acquisition & Construction Cost: $19,500,000 (Land) + Construction Costs Funding Source: Same as Phases 1 and 2 Disbursement Schedule:

Initial Disbursement: $19,500,000 for land acquisition.

Subsequent Disbursements: Funds will be released in stages as construction progresses, covering overhead costs, apartment construction, and infrastructure development such as roads, parks, and community amenities.

Final Disbursement: Upon completion of the construction and development of all planned amenities, a final disbursement will be made to ensure the project’s successful launch.

Each disbursement will be subject to thorough project monitoring and evaluation to ensure funds are utilized efficiently and effectively. Additionally, regular reporting and updates will be provided to the funders to maintain transparency and accountability throughout the project’s implementation.