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CDBG Disaster Recovery Project Retainage Request Checklist for MULTIFAMILY RENTAL DEVELOPMENTS Project Name: Contracted Entity: Contract #: Contract Begin Date: PO #: Program Area: ARPAward Amount:
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What is disaster recovery multifamily rental?
Disaster recovery multifamily rental refers to the processes and resources allocated to restore and provide assistance for multifamily rental properties affected by disasters, ensuring that housing remains available for displaced residents.
Who is required to file disaster recovery multifamily rental?
Typically, property owners, managers, or developers of multifamily rental properties affected by a disaster are required to file for disaster recovery assistance to seek federal, state, or local resources for recovery.
How to fill out disaster recovery multifamily rental?
To fill out the disaster recovery multifamily rental application, applicants should gather necessary documentation, complete all required forms accurately, provide information on their property, the impact of the disaster, and submit within the designated deadlines.
What is the purpose of disaster recovery multifamily rental?
The purpose of disaster recovery multifamily rental is to facilitate swift recovery from disasters by providing financial aid, resources, and support to maintain affordable rental housing options for affected communities.
What information must be reported on disaster recovery multifamily rental?
Information that must be reported includes property details, the extent of damage, rental occupancy status, financial data, and any insurance claim outcomes related to the disaster.
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