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Capital
Area Housing Finance Corporation
Exhibit A
Application For Loan
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For
Use by Corporation Only: |
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Intake Checklist |
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Application No.:
________________ |
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Signed Application _____________ |
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Date Received:
________________ |
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All Fees Received ______________ |
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Date Admin. Complete:
________________ |
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Questionnaire Complete _________ |
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Resolution Date:
________________ |
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Indemnity Signed ______________ |
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Closing Deadline:
________________ |
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Admin. Complete _______________ |
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Closing/Withdrawal Date:
________________ |
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To: Capital
Area Housing Finance Corporation
I, the undersigned
duly authorized representative of
______________________________ (the “Applicant”),
do hereby make application to Capital Area Housing
Finance Corporation (the “Corporation”) in
accordance with the Corporation’s Rules for Loans in
Connection with Obtaining Tax Credits for Multifamily
Residential Rental Projects (the “Rules”). In
connection therewith, I do hereby declare and represent
as follows:
1. The Applicant intends to (check all that apply)
( ) develop,
construct and operate
( ) acquire,
rehabilitate and operate
a multifamily rental
residential development and desires that the Corporation
make a loan to the Applicant in connection with the
Applicant’s receipt of tax credits from the Texas
Department of Housing and Community Affairs in
connection with such development.
2. The Applicant desires a loan from the
Corporation in the principal amount of $_____________
and requests that such amount be paid to the Applicant
on ____________, _________.
3. The Applicant intends to close the financing for
the proposed residential development on _____________,
_______.
4. The Applicant has received a copy of and
reviewed the Rules, and hereby agrees to comply with all
terms and provisions thereof, except as such provisions
as may be expressly waived by the Board of Directors.
5. The Applicant has submitted herewith a completed
copy of the Residential development Financing
Questionnaire attached to the Rules as Exhibit B.
To the best of my knowledge, the information contained
therein is true and correct.
6. The Applicant has submitted herewith an executed
copy of the Indemnity Agreement attached to the Rules as
Exhibit C and the Applicant has sufficient
financial resources to fulfill any obligations that may
arise under the Indemnity Agreement.
7. The Applicant has submitted herewith the Loan
Commitment Fee in amount of $6,000 and the $2,000 Legal
Review Fee and agrees to pay all Fees and Costs as
outlined in Article IV of the Rules.
8. Based on the foregoing, the Applicant requests
preliminary approval of this Application for Loan in
accordance with the Rules.
Witness My Hand
This _____ day of ____________, ________.
(Name of Applicant)
By:____________________________________
Name:__________________________________
Title:___________________________________
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