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Exhibit I CDO PREDEVELOPMENT LOAN APPLICATION CDO Predevelopment loan eligibility requirements Chaos are required to adopt a Formal Process to include Income Participants in the siting (location),

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How to fill out exhibit i chdo predevelopment

How to fill out Exhibit I CHDO predevelopment:

01

Start by carefully reading the instructions provided for completing Exhibit I CHDO predevelopment. Make sure you understand all the requirements and information that needs to be provided.

02

Begin by filling out the header section of Exhibit I CHDO predevelopment. This typically includes the name of the CHDO (Community Housing Development Organization) and the project title.

03

Identify the type of financing for the predevelopment activities. This could include a combination of private funding, government grants, or loans. Provide the details of each funding source, including the amount and terms.

04

Specify the timeline for the predevelopment activities. This includes the start and end dates for each phase of the project. Ensure that the timeline provided is realistic and achievable.

05

Describe the predevelopment activities that will be undertaken. This could include tasks such as conducting feasibility studies, securing land or property, preparing architectural or engineering plans, obtaining necessary permits and approvals, and conducting market research.

06

Outline the key personnel involved in the predevelopment activities. Include their names, roles, and qualifications. Also, mention any professional services, such as legal or accounting, that will be utilized during the predevelopment phase.

07

Provide a budget for the predevelopment activities, detailing the estimated costs for each item. This should include expenses such as land acquisition, architectural fees, engineering fees, permit fees, marketing costs, and any other relevant expenses.

08

Include any additional information or documentation required by the funding agency or organization. This could include letters of support from partners or stakeholders, financial statements, or past project experience.

Who needs Exhibit I CHDO predevelopment?

01

Non-profit organizations or Community Housing Development Organizations (CHDOs) that are involved in affordable housing development projects may need to submit Exhibit I CHDO predevelopment.

02

Funding agencies or organizations that provide grants or financing for affordable housing projects may require CHDOs to submit Exhibit I CHDO predevelopment as part of the application process.

03

Government agencies or departments responsible for overseeing affordable housing initiatives may request CHDOs to complete and submit Exhibit I CHDO predevelopment to ensure compliance and eligibility for funding.

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What is exhibit i chdo predevelopment?

Exhibit I CHDO Predevelopment is a form that must be filed by certain organizations involved in affordable housing development projects.

Who is required to file exhibit i chdo predevelopment?

Nonprofit and for-profit organizations that are designated as Community Housing Development Organizations (CHDOs) are required to file Exhibit I CHDO Predevelopment.

How to fill out exhibit i chdo predevelopment?

Exhibit I CHDO Predevelopment can be filled out by providing information about the affordable housing project, funding sources, and other relevant details.

What is the purpose of exhibit i chdo predevelopment?

The purpose of Exhibit I CHDO Predevelopment is to ensure transparency and accountability in affordable housing development projects.

What information must be reported on exhibit i chdo predevelopment?

Information such as project details, funding sources, and compliance with regulations must be reported on Exhibit I CHDO Predevelopment.

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