Also for Renovation…
• Rehab specifications (include any information on energy efficiencies or green construction practices)
o A sample rehab specifications template is attached. Please use this template or one similar.
Also for New Construction…
• Building elevations & construction drawings
• A site plan, including at a minimum:
- the building footprint (how the building will be positioned on the lot)
- accessory buildings and their placement
- landscaping
Experience:
Include specific documentation of up to two prior projects, including description of projects, before and after photos, development costs and market values, addresses, and any additional information that would assist our staff in determining the Applicant’s ability to complete the proposed project.
Financing:
Documentation is required to verify the funding necessary to purchase and to complete the renovation of new construction. This typically includes:
- Letters from all banks or other lending institutions approving any financing proposed for the project. The letters should contain the amount, term, and all requirements of the financing; it should state that the financing can be used for the proposed project. The amount of financing must be equal or exceed the amount contained in the development project costs.
- Personal or business bank statements and a letter from the applicant, if the applicant proposes to use existing cash. The amount of the statements must equal or exceed the amount contained in the development project costs.
• Specific information on any other proposed source of project funding.