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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 I <br /> Application Fee 1 <br /> Qualifying Projects I <br /> Eligible Applicants 2 <br /> Eligible Program Costs 2 <br /> Terms 2 <br /> Forgiveness 2 <br /> Expected Value Upon Completion 3 <br /> Awarding Loans 3 <br /> Simultaneous Microloans 3 <br /> Cost of Review 3 <br /> Procedural Guidelines for Appointment and Approval 3 <br /> Microloan Policy Review 4 <br /> Right to Refusal 5 <br /> Preferred Score 5 <br /> Application <br /> Cover Page 6 <br /> Site Identification and History 6 <br /> Valuation 6 <br /> Maps and Site Features 6 <br /> History 7 <br /> Current Conditions and Development Potential 7 <br /> Cost Analysis 7 <br /> Sources and Uses of Funds (Budget Table) 9 <br /> Analysis of Loan Need 9 <br /> Financial Information 9 <br /> Attachment Checklist 11 <br /> Agreement 13 <br /> Application Review Worksheet 14 <br /> Blighted Properties Demolition&Forgivable Residential Loan Program <br /> 498470v2 JSB EL185-13 <br />