2009 Gap Funding Round Certification Form
Development Name:Click here to enter text. (the “Development”)
Development Number:Click here to enter text.
Date:Click here to enter text., 2009
I, Click here to enter text., as the authorized representative of Click here to enter text., the owner of the Development(the “Owner”), hereby certify that I have read and agree to the following:
- I have read and understand the 2009 Gap Funding Round Application Guide (the “Guide”), a separate and distinct guide which identifies the requirements applicable to the Gap Funding Round(“GFR”).
- I am aware that TCAP funds are subject to federal cross-cutting requirements as listed in the Guide.
- I have read and understand the prohibition against choice-limiting actions as described in the Guide. I am also aware that I am prohibited from performing any choice-limiting action following the submission of this application and prior to the completion of the HUD approval of the request for release of funds. I acknowledge that because MHDC will determine which type of GFR funds may be awarded to the Development, I agree not to take any choice-limiting actions. I agree that failure to abide by this shall result in a non-award of GFR funds.
- I understand that time is of the essence in the execution of all required actions, including but not limited to, the submission of environmental review documents, the completion of the firm submission, and the accomplishment of construction closing.
- I understand that neither the Owner nor the Development is entitled to approval for funds from the Gap Funding Round. I understand that previous approval for Low Income Housing Tax Credits in anyapplicable application round does not ensure that the Development, which currently has anapparent financing gap, will be awarded GFR funds. MHDC will analyze the Development in a manner consistent with the 2009 Gap Funding Round Application and the 2009 Gap Funding Round Application.
- I am aware that HUD and Treasury rules governing the gap funding program may not be fully established. I agree that all terms and information in the 2009 Gap Funding Round Application Guide are subject to change for any reason, including but not limited to, any change resulting from future federal guidance issued vis-á-vis the Tax Credit Assistance Program and Section 1602 program.
- Owner agrees that the Missouri Housing Development Commission will only process applications for the Gap Funding Round after receiving from the Owner a complete application, including but not limited to, the 2009 Gap Funding Round Certification Form.
- Owner agrees that failure to abide by any of the provisions in this certification shall result in the non-approval of an application or rescission of any commitment to award GFR funds to the Development.
ATTEST/WITNESS:OWNER:
______By: ______
Click here to enter text.Click here to enter text.
Type or print nameType or print name
V6.19.09