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<br /> <br />VI. ATTACHMENTS CHECK LIST <br />Please attach the following: <br /> <br /> ______A) Residential Loan Program <br /> 1. Site Information <br /> 2. Site Valuation <br /> 3. Maps and Site Features <br /> 4. History <br /> 5. Current Conditions <br /> <br /> _______B) Cost Analysis <br /> <br /> _______C) Sources and Uses of Funds <br /> <br /> _______D) Analysis of Loan Need <br /> <br /> _______E) Financial Statements <br />1. Three Years of Personal Tax Returns <br />2. Details of Existing Debt Agreements <br /> <br />_______H) Letter of Commitment from Applicant Pledging to Complete <br /> During the Proposed Project Duration <br /> <br /> _______I) Letter of Commitment from the Other Sources of Financing, <br /> Stating Terms and Conditions of their Participation in <br /> Project <br /> <br />_______J) Application Fee of $500 plus legal and any other out-of-pocket costs incurred by <br />the HRA <br /> <br /> <br />______K) Inspection report by an appropriate local government which identifies that <br /> the property is cited for one or more enforceable housing, maintenance, or <br /> building code violations. <br /> <br />_______(L) If the applicant is a builder, builder’s financial capability statement (a statement <br />from a financial institution indicating willingness, with standard contingencies, to provide <br />sufficient construction capital to complete the project.). <br /> <br /> (M) If the applicant is a builder, references of (i) five satisfied customers, and (ii) <br />three major suppliers, one being the construction supplier, and (iii) Building inspectors from <br />two cities where the Builder has constructed new housing within the past three years; OR <br />previous positive experience working with the Elk River HRA (as determined by HRA <br />Staff). <br /> <br />11 <br />498470v2 JSB EL185-13 <br />