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CAP PERMANENT LOAN CLOSING CHECKLIST CPM DCR Capital Programs Manual I. Documents Required Prior to Issuance of Bank Takeout Agreement for the Interim Construction Loan Closing: (1) Evidence of commitment

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What is 1 tcap permanent loan?

A 1 tcap permanent loan is a type of loan that provides permanent financing for projects within the Low-Income Housing Tax Credit program.

Who is required to file 1 tcap permanent loan?

Developers or owners of affordable housing projects that have received Low-Income Housing Tax Credits are required to file 1 tcap permanent loan.

How to fill out 1 tcap permanent loan?

1 tcap permanent loan can be filled out by providing information about the project, financing details, and compliance with Low-Income Housing Tax Credit guidelines.

What is the purpose of 1 tcap permanent loan?

The purpose of 1 tcap permanent loan is to provide long-term financing for affordable housing projects that have received Low-Income Housing Tax Credits.

What information must be reported on 1 tcap permanent loan?

Information such as the project name, developer/owner details, financing terms, compliance with Low-Income Housing Tax Credit requirements, and other relevant project information must be reported on 1 tcap permanent loan.

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