Legal Name:
Type: / Year Established:
Legal Structure (check one): / Corporation
Nonprofit Corp. / Limited Liability Company
S-Corporation / Limited Liability Partnership
Other:
Check all that apply: / An Operating Entity / MBE/WBE/LBE / Special Purpose Entity
List the name of owner(s) (if nonprofit, please list key officers), including person or entities that have any ownership interest in the Project Sponsor:
Address:
City: / State: / Zip: -
Provide a description of the Project Sponsor (if nonprofit, please include the mission of the entity).
Lead Contact Name:
Telephone: -- x / Cell Phone: -- / Email:
Relation to Project:
Date Submitted:
Project Name:
Project Address:
Provide all addresses; list all private properties that are adjacent the project site. Identify public ownership entities.
Narrative:
Provide a general description of the project in the space below or by attaching additional materials. Please describe the use of the real estate and if project is a mixed-use &/or mixed-income project, provide information describing the mix of affordable and market rate units and target sales price for units.
Housing Unit SF: / Total Number of Housing Units: / Number of Housing Units Targeted to 80-120 AMI Income Persons:
Architect: / General Contractor:
Additional Detail:
Describe the extent to which the project will use green building design, construction, operations, or maintenance solutions. This may include energy efficiency measures, stormwater management, ENERGY STAR appliances, green roof, zero VOC paint, or low water use.
Unit Type and Targeted Sales Price:
Address / Unit Type and Size (Bed/Bath and SF) / Targeted Sales Price
If the project contains multiple units per parcel, please describe proposed structure (i.e. condominium, duplex, PUD). If proposed project contains condominiums, please provide information regarding monthly HOA fees and anticipated impact on affordability. Information regarding condominium legal structure must also be provided.
Project Pro forma:
Complete attached standardized project pro-forma based on most current design phase.
Development Funding
Developer Equity / #DIV/0!
Other Equtiy / #DIV/0!
Commercial Debt Financing / #DIV/0!
Other Debt Financing / #DIV/0!
Other:
Other:
Total Funding / $ - / #DIV/0!
Development Costs
Acquisition Costs
Property Purchase
Closing Costs
Total Acquisition Costs / $ -
Construction Costs
General Requirements / #DIV/0!
Site Improvements
Structures
Bond Premium
Builders Profit & Overhead / #DIV/0!
Construction Contingency
Permits:
Total Construction Costs / $ -
Soft Costs
Architectural - Design
Architectural - Supervision
Site Engineering
Environmental Assessment
Soils Borings & Geotech
Survey
Real Estate Taxes
Builders Risk
Appraisal /Market Study
Permits/Zoning
Legal - Development
Accounting
Holding Costs
Marketing
Env. Contingency & Post Const. Testing
Soft Costs Subtotal / $ -
Financing fees
Loan Origination Fees
Closing Costs
Legal
Bank Inspections
Financing Fees Subtotal / $ -
Total Development Costs / $ -
Proceeds Analysis
Sales Proceeds
Cost of Sale
Real Estate Commission / 6%
Transfer Tax / 2%
Seller Closing Costs / 1%
Seller Assist
Total Cost of Sales / $ -
Net Proceeds / $ -
Total Units
Total Sq. Ft.
per unit / per sq. ft
Total Construction Costs / #DIV/0! / #DIV/0!
Total Development Costs / #DIV/0! / #DIV/0!
Project Return Analysis
Net Proceeds / $0.00
Total Development Cost / $0.00
Return to Developer / $0.00
Cash on Cost / #DIV/0!
Percentage Return / #DIV/0!
WHP Application 2016