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<br /> <br />Blighted Properties Demolition & Forgivable Residential Loan Program <br />498470v2 JSB EL185-13 <br /> <br /> <br />BLIGHTED PROPERTIES DEMOLITION & FORGIVABLE <br />RESIDENTIAL LOAN PROGRAM APPLICATION <br /> <br />TABLE OF CONTENTS <br /> <br /> <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 /> <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 /> <br />Attachment Checklist ______________________________________________________ 9 <br /> <br />Agreement _______________________________________________________________10 <br /> <br />Application Review Worksheet ______________________________________________ 11 <br /> <br /> <br />