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It has been common practice for the HRA to take a subordinate position on rehabilitation projects that <br /> utilize the HRA's Rehabilitation Loan program. Ms. Swenson plans to close on the new loan on <br /> September 3, 2020. <br /> Financial Impact <br /> N/A <br /> Attachments <br /> ■ Subordination Review Document <br /> ■ Subordination Agreement <br /> ■ Mortgage and Repayment Agreement <br />