2009 Gap Funding Round Questionnaire

  1. Development Name:Click here to enter text.
  1. Development Number:Click here to enter text.
  1. MHDC Stage the Development is in:Choose an item.
  1. Reservation Amount of federal LIHTC:Click here to enter text.
  1. Reservation Amount of State LIHTC:Click here to enter text.
  1. Are you returning any federal LIHTC?Choose an item.
  1. How many federal LIHTC are you returning?Click here to enter text.

Please be aware that if you return all or a portion of your federal LIHTC such that the remaining amount of federal LIHTC is less than your reservation of state LIHTC, you will also have to return that portion of state LIHTC that exceeds the new federal LIHTC.

  1. What is your gap?Click here to enter text.

If your gap were to be filled by TCAP or TCR when do you estimate you could:

  1. Provide a Firm Submission Package:Click here to enter a date.
  1. Close on your partnership/construction loan:Click here to enter a date.
  1. Start Construction:Click here to enter a date.
  1. Reach 50% Completion:Click here to enter a date.
  1. Place in Service:Click here to enter a date.
  1. Begin Lease-Up:Click here to enter a date.
  1. Cost Certify:Click here to enter a date.
  1. Reach Stabilization:Click here to enter a date.
  1. What percentage of completion are your plans and specs?Click here to enter text.
  1. How much longer will it take to complete them?Click here to enter text.
  1. Have you turned in all your environmental review items?Choose an item.
  1. If you answered “No” for 19, please explain what is outstanding and when it will be provided:

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  1. Please explain why there is a gap:

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  1. Please explain any changes to the development since the conditional reservation or firm submission:

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  1. If you have returned credits, please explain in general your good faith efforts to obtain an equity commitment for the entire amount. Detailed information is required to be provided in section 4 of the Gap Funding Round application.

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  1. If there is a syndicator/investor limited partner what asset management fees are expected?

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  1. Please explain what asset management practices and procedures will be completed by the syndicator/investor limited partner.

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  1. How many construction jobs do you estimate will be created as a result of this development?

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  1. How many construction jobs do you estimate will be retained as a result of this development?

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  1. How many management/operations jobs do you estimate will be created as a result of this development?

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  1. How many management/operations jobs do you estimate will be retained as a result of this development?

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I hereby attest that this Gap Funding Questionnaire was completed this day of , 2009 and is accurate to the best of my knowledge.

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Title

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Organization

V6.19.09x