New Jersey Housing and Mortgage Finance Agency

2013 CDBG GREEN BUILDING

LETTER OF INTENT

By signing this document, I certify the following (“we” refers to the applicant organization):

1. For new construction or reconstruction projects, we understand that ENERGY STAR V.3 (Tier 2) certification is a requirement to receive funding through the COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUND FOR RESTORATION OF MULTIFAMILY HOUSING (FRM) or SANDY SPECIAL NEEDS HOUSING FUND (SSNHF) programs.

2. For rehabilitation projects, we understand that compliance with the HUD CPD Green Building Retrofit Checklist is a requirement to receive funding through the CDBG FRM or SSNHF programs and will be included as part of the HMFA ENERGY STAR EQUIVALENCY requirement.

3. In addition, rehabilitation projects may be eligible for financial incentives under the Pay for Performance (P4P) program.

4. We understand that no projects are exempt from this requirement as indicated in NJ Department of Community Affairs Community Development Block Grant Disaster Recovery Action Plan and the HMFA CDBG-FRM and SSNHF Guidelines.

5. If requested, we will allow the HMFA Green Homes Office, or designee, access to the project site pre, during and post construction for the purpose of but not limited to confirming ENERGY STAR compliance.

WHEN LIHTC IS AWARDED, CONTACT THE GREEN HOMES OFFICE FOR THE NEXT COMPLIANCE STEPS.

I am an authorized representative of the organization.

Signature: _____________________________________ Date: ______________

Name of signer: ______________________________________________________

Title: ______________________________________________________________

Project Name: _______________________________________________________

Organization: ________________________________________________________

CHECK the appropriate ENERGY STAR Program:

q NEW CONSTRUCTION: NJ ENERGY STAR Homes V.3

q REHABILITATION: HMFA EQUIVALENCY LETTER / PAY FOR PERFORMANCE

and HUD CPD GREEN RETROFIT CHECKLIST

(to be co-signed with HMFA staff prior to construction)