Affordable Housing Fund Application

• Project Budget
• Any additional supporting materials

Applicant and co-applicant organizational attachments (as applicable)

• Current year's operating budget
• Organizational budget
• Financial statements for last three years (audited preferred)
• Board of Directors
• IRS Tax Exemption letter

Project materials

• Pro forma, including:
  • Rent roll (if applicable)
  • Performance schedule
  • Acquisition/construction sources and uses
  • Permanent sources and uses
  • Completed 1-year operating budget and 20-year cash flow
• Documentation of site control (e.g. purchase contract, option to purchase, grant deed)
• Memorandum of understanding between co-applicants or borrower and development consultant (if applicable)

• Board Resolution that authorizes site acquisition and application for funds (if entity’s governing body is a board) 
• Appraisal (including Fair Market Value and Value with Regard to Restrictions)
• Preliminary Title Report
• Capital Needs Assessment
• Architectural Drawings
• Property Inspection Reports
• Survey and Analysis of Building Systems
• Phase I Environmental Site Assessment
• Phase II Environmental Site Assessment
• Copies of applications for other funding and commitment letters
• Affirmative Marketing Plan (County template available) 
• Tenant Income Certification Forms
• Proposed Temporary Relocation Plan