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BLIGHTED PROPERTIES DEMOLITION & FORGIVABLE <br />RESIDENTIAL LOAN PROGRAM APPLICATION <br />TABLE OF CONTENTS <br />Introduction <br />Purpose/Background 1 <br />Funding Availability 1 <br />Deadlines/Requirements 1 <br />Application Fee 1 <br />Qualifying Projects 1 <br />Eligible Applicants 2 <br />Eligible Program Costs 2 <br />Terms 2 <br />Forgiveness 2 <br />Required Appraisal/Assessment 2 <br />Awarding Loans 3 <br />Modifications to the Policy __________________________________________3 <br />Preferred Score ___________________________________________________ 3 <br />Application <br />Cover Page_______________________________________________________4 <br />Site Identification__________________________________________________5 <br />Valuation ________________________________________________________5 <br />Maps and Site Features______________________________________________5 <br />History___________________________________________________________6 <br />Current Conditions and Development Potential___________________________6 <br />Cost Analysis _____________________________________________________6 <br />Sources and Uses of Funds (Budget Table)______________________________7 <br />Analysis of Loan Need_____________________________________________ 7 <br />Financial Information________________________________________________8 <br />Attachment Checklist ______________________________________________________ 9 <br />Agreement _______________________________________________________________10 <br />Application Review Worksheet ______________________________________________ 11 <br />Blighted Properties Demolition & Forgivable Residential Loan Pro <br />498470v1 JSB EL185-13498470v2 JSB EL185-13 <br />