6.0. 7.0. 8.0. HRSR 01-27-1997 - Laserfiche WebLink

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REQUEST FOR PROPOSAL UNDER THE MINNESOTA HOUSING FINANCE AGENCY 1997 MINNESOTA CITY PARTICIPATION (MCPP) (BALANCE OF STATE) The following is a Request for Proposal (RFP) under MHFA's Minnesota City Participation Program. This RFP is in outline format, specifying questions that must be answered. Applications must be submitted in this format and all questions must be answered. Final determination of the total amount of program funds available and individual allotments will be made by MHFA in compliance with a per capita distribution method specified in statute. Questions should be directed to Michelle Ramos, Minnesota Homes Division at 612-297- 5146 (Metro) or 1-800-710-8871 (Greater Minnesota.) Applications must be received by MHFA by 4:00 p.m., February 18, 1997 for funding consideration under this program phase. I. ELIGIBLE ORGANIZATION A. = Name and address of your organization. B. Name and phone number of your contact person. • C. Type of organization (City Department, Port Authority, HRA, or EDA). II. ORIGINATING LENDER Cities participating in the MCPP MUST PROVIDE A LETTER from at least one lender from the enclosed Minnesota Mortgage Program lender list who will take mortgage applications and process loans for your program. Cities have two options when selecting additional lenders to originate loans: 1) Option A: Cities may allow all lenders from the enclosed list to originate the city's MCPP loans OR 2) Option B: Cities may choose to restrict participation to only select lenders of their choice from the lender list. • If selecting Option B, please list: 1) the specific lenders chosen; 2) their addresses; 3) their phone numbers; 4) their fax numbers; and 5) their contact persons. PLEASE NOTE: BE PRECISE WHEN LISTING LENDER INFORMATION, MHFA WILL PRINT BROCHURES USING THE EXACT INFORMATION YOU PROVIDE TO US. Please indicate SPECIFICALLY which option your city has chosen. Additional lenders may NOT be added later in the program term.