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VI. ATTACHMENTS CHECKLIST <br /> Please attach the following: <br /> A) Residential Loan Program <br /> 1. Site Information <br /> 2. Site Valuation <br /> 3. Maps and Site Features <br /> 4. Histo <br /> 5. Current Conditions <br /> B) Cost Analysis <br /> C) Sources and Uses of Funds <br /> D) Analysis of Loan Need <br /> E) Financial Statements <br /> 1. Three One Years of Personal Tax Returns <br /> 2. Details of Existing Debt Agreements <br /> H) Letter of Commitment from Applicant Pledging to Complete <br /> During the Proposed Project Duration <br /> I) Letter of Commitment from the Other Sources of Financing, <br /> Stating Terms and Conditions of their Participation in <br /> Project <br /> J) Application Fee of$500 plus legal and any other out-of-pocket costs incurred by <br /> the HRA <br /> I<) 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 /> (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 /> (N/1) 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 /> 11 <br /> 498470v2 JS13 ELI 85-13 <br />