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EXHIBIT A FORM OF PROMISSORY NOTE PREDEVELOPMENT LOAN (RSC Affordable Housing Project) Cumulative Total Not to Exceed $236,000.00, 2016 Pleasant Hill, California value received, Rehabilitation Services

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What is predevelopment loan?

A predevelopment loan is a type of loan provided to cover the initial costs associated with planning and designing a project before construction begins.

Who is required to file predevelopment loan?

Developers or project managers who are seeking financial assistance for the preconstruction phase of a project are required to file for a predevelopment loan.

How to fill out predevelopment loan?

To fill out a predevelopment loan application, the applicant must provide details about the project, estimated costs, timeline, and financing needs.

What is the purpose of predevelopment loan?

The purpose of a predevelopment loan is to help developers cover the expenses related to project planning, feasibility studies, design work, and permit applications.

What information must be reported on predevelopment loan?

Information such as project details, budget estimates, construction timeline, financing needs, and any other relevant information must be reported on a predevelopment loan application.

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