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<br />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 2Expected <br />Value <br />Upon <br />Comp <br />letion <br /> 3 <br />Awarding Loans 3 <br />Simultaneous Microloans ______________________________________________ 3 <br />Cost of Review _____________________________________________________ 3 <br />Procedural Guidelines for Appointment and Approval _______________________ 3 <br />Modifications to theMicroloan Policy Review <br />____ <br />____ <br />____ <br />____ <br />____ <br />____ <br />____ <br />____ <br />____ <br />____ <br />__3_ <br />___ 4 <br />Blighted Properties Demolition & Forgivable Residential Loan Program <br />498470v2 JSB EL185-13