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Get the free Draw Request Form - Lexingtonky.gov

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Office of Affordable Housing Fund Draw Request Form Name and Address of Payee: Name and Address of Development: Draw Number: Payment will be picked payment should be mailedDescription of work and
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Gather all necessary information and documents required for the draw request form.
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Fill out the form completely and accurately, providing all requested details.
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Ensure all calculations and figures are correct before submitting the form.
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Attach any supporting documents or receipts needed for the draw request.
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Submit the completed form to the appropriate department or individual for processing.

Who needs draw request form?

01
Contractors who are requesting payment for completed work.
02
Subcontractors who are seeking reimbursement for expenses incurred.
03
Vendors who are billing for materials or services provided.
04
Any entity or individual involved in a construction project that requires funding disbursement.
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A draw request form is a document used to request the disbursement of funds from a financial source, often related to loans or construction projects.
Typically, contractors, developers, or borrowers who are seeking funds for a project are required to file a draw request form.
To fill out a draw request form, one should provide project details, funding amounts requested, supporting documentation for expenses incurred, and any necessary signatures before submitting it to the financial institution.
The purpose of a draw request form is to facilitate the orderly and verifiable disbursement of funds as costs are incurred during a project.
Information that must be reported includes project identification, the amount being requested, the purpose of the draw, current expenses incurred, and any supporting documentation.
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