Upload
ryan-sloan
View
232
Download
0
Embed Size (px)
Citation preview
8/6/2019 Kirkwood Gardens
1/21
rint - APP09-0009
Print Preview - PreliminaryApplicationTax Credits, RPP Loans, and/or Tax Exempt Bond Loans
roject Description
oject Name: Kirkwood Gardens
ddress: Old Raleigh Road
ty: Thomasville County: Davidson Zip:
ensus Tract: 611 Block Group: 2000
project in Qualified Census Tract or Difficult to Develop Area? No
e you requesting the basis boost under section II(E)(4) of the QAP? Yes
olitical Jurisdiction: City of Thomasville
risdiction CEO Name:First:Kelly Last:Craver
Title: City Manager
risdiction Address: 10 Salem Street
risdiction City: Thomasville Zip:
risdiction Phone:
te Latitude:
te Longitude:
oject Type: New Construction
Is this project a previously awarded tax creditdevelopment?
w Construction/Adaptive Reuse:his project a follow-on (Phase II, etc) to a previously-awarded tax credit development project? No
If yes, list names of previous phase(s):
ehab:
umber of residents holding Section 8uchers:
l the project meet Energy Star standards as defined in Appendix B? Yes
es a community revitalization plan exist? No
ll the project use steel and concrete construction and have at least 4 stories? No
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (1 of 21)4/14/2009 1:59:05 PM
27360
27361
(336)475-4222
35.86694
-80.05739
8/6/2019 Kirkwood Gardens
2/21
rint - APP09-0009
ll the project include a Community Service Facility under IRS Revenue Ruling 2003-77?o
If yes, please describe:
rget Population:Elderly (55)
ll the project be receiving project based federal rental assistance? No
If yes, provide the subsidy source: and number of units:
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (2 of 21)4/14/2009 1:59:05 PM
8/6/2019 Kirkwood Gardens
3/21
rint - APP09-0009
pplicant Information
icate below an individual or a validly existing entity (a corporation, nonprofit, limited partnership or LLC) as the official applicant. UAP Section III(C)(5) only this individual or entity will be able to make decisions with regard to this application. If awarded the applica
st become part of the ownership entity. The applicant will execute the signature page for this application.
pplicant Name: Weaver-Kirkland Housing, LLC
ddress: P.O. Box 26030
ty: Greensboro State: NC Zip:
ontact: First: Mark Last:Morgan Title:VP
elephone:
t Phone:
ax:
mail Address:
OTE: Email Address above will be used for communication between NCHFA and Applicant.
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (3 of 21)4/14/2009 1:59:06 PM
27420-6030
(336)378-7900
(336)686-7767
(336)378-6571
8/6/2019 Kirkwood Gardens
4/21
rint - APP09-0009
te Description
tal Site Acreage: Total Buildable Acreage:
If buildable acreage is less than total acreage, please explain:
Small stream located along the extreme southern boundary of the site. Our development will not impact thearea along the steam
ntify utilities and services currently available (and with adequate capacity) for this site:
Storm Sewer Water Sanitary Sewer Electric
he demolition of any buildings required or planned? No
If yes, please describe:
e existing buildings on the site currently occupied? No
If yes:(a) Briefly describe the situation:
(b) Will tenant displacement be temporary?(c) Will tenant displacement be permanent?
he site directly accessed by an existing, paved, publicly maintained road? Yes
If no, please explain:
any portion of the site located inside the 100 year floodplain? No
If yes:(a) Describe placement of project buildings in relation to this area:
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (4 of 21)4/14/2009 1:59:06 PM
4.7 4.4
8/6/2019 Kirkwood Gardens
5/21
rint - APP09-0009
(b) Describe flood mitigation if the project will have improvements within the 100 year floodplain:
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (5 of 21)4/14/2009 1:59:06 PM
8/6/2019 Kirkwood Gardens
6/21
rint - APP09-0009
te Control
es the owner have fee simple ownership of the property (site/buildings)?No
If yes provide:
Purchase Date: Purchase Price:
If no:
(a) Does the owner/principal or ownership entity have valid option/contract to purchase the property?Yes
(b) Does an identity of interest (direct or indirect) exist between the owner/principal or ownership entity with the option/contractpurchase of the property and the seller of the property?NoIf yes, specify the relationship:
(c) Enter the current expiration date of the option/contract to purchase:
(D) Enter Purchase Price:
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (6 of 21)4/14/2009 1:59:06 PM
08/31/2009
250,000
8/6/2019 Kirkwood Gardens
7/21
rint - APP09-0009
oning
esent zoning classification of the site:R-6 High Density Residential District
multifamily use permitted?Yes
e variances, special or conditional use permits or any other item requiring a public hearing needed to develop this proposal?Yes
If yes, have the hearings been completed and permits been obtained?No
If yes, specify permit or variance required and date obtained. If no, describe permits/variances required and schedule forobtaining them:
Current zoning requires two parking spaces per unit. We will be requesting a variance to .75 spaces per unitand we will be asking for a variance for a total length of one building being over 250 ft. This is a Planningand Zoning Board approval meeting that is scheduled for March 2009. We should have approvals at thattime.
e there any existing conditions of historical significance located on the project site that will require State Historic Preservation officeiew?No
If yes, describe below:
e there any existing conditions of environmental significance located on the project site?No
If yes, describe below:
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (7 of 21)4/14/2009 1:59:06 PM
8/6/2019 Kirkwood Gardens
8/21
rint - APP09-0009
wnership Entity
wner Name: Kirkwood Gardens WK Limited Partnership
dress: P.O. Box 26030
y: Greensboro State:NC Zip:
deral Tax ID Number of Ownership Entity: (If assigned)
ote: Do not submit social security numbers for individuals.
ntity Type: Limited Partnership
ntity Status: To Be Formed
the applicant requesting that the Agency treat the application as Non-Profit sponsored? No
the applicant requesting that the Agency treat the application as CHDO sponsored? No
st all general partners, members,and principals. Specify nonprofit corporate general partners or members.ick [Add] to add additional partners, members, and principals.
Org: Kirkwood Gardens WK GP, LLC
rst Name: Mark Last Name: Morgan Function: Managing General Partner
ddress: P.O. Box 26030
ty: Greensboro State: NC Zip: 27420-6030
hone: Fax:
Mail: Nonprofit: No
Org: Weaver-Kirkland Housing, LLC
rst Name: Mark Last Name: Morgan Function: Principal
ddress: P.O. Box 26030ty: Greensboro State: NC Zip: 27420-6030
hone: Fax:
Mail: Nonprofit: No
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (8 of 21)4/14/2009 1:59:06 PM
27420-6030
(336)378-7900 (336)378-6571
(336)378-7900 (336)378-6571
8/6/2019 Kirkwood Gardens
9/21
8/6/2019 Kirkwood Gardens
10/21
rint - APP09-0009
Community space within residential bulding(s) - Sq. Ft. (Floor Area):
Elevators - Number of Elevators:
quare Footage Information
oss Floor Square Footage:
otal Net Sq. Ft. (All Heated Areas):
icate below any additional targeting for special populations proposed for this project:
Mobility impaired handicapped: 5% of units comply with QAP Section IV(F)(3) (in addition to the units required by other federal state codes.)
Number of Units:
Number of Units Required:
Persons with disabilities or homeless populations.
Number of Units:
tes
Please refer to the Income Limits and Maximum Housing Expense Table to ensure that Total Monthly Tenant Expenses for low
income units are within established thresholds.
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (10 of 21)4/14/2009 1:59:06 PM
5,053
1
73,510
69,116
4
8
7
http://www.nchfa.com/Rental/Mincomelimits.aspxhttp://www.nchfa.com/Rental/Mincomelimits.aspx8/6/2019 Kirkwood Gardens
11/21
rint - APP09-0009
argeting
ecify Low Income Unit Targeting in table below. List each applicable targeting combination in a separate row below. Click [Add] ate another row. Click "X" (at the left of each row) to delete a row. Add as many rows as needed.
BRs Units %
targeted at percent of median income affordable to/occupied by
targeted at percent of median income affordable to
targeted at percent of median income affordable to
targeted at percent of median income affordable to/occupied by
targeted at percent of median income affordable to
targeted at percent of median income affordable to
tal Low Income Units:
te: This number should match the total number of low income units in the Unit Mix section.
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (11 of 21)4/14/2009 1:59:06 PM
9 40
8 50
18 60
7 40
8 50
14 60
64
8/6/2019 Kirkwood Gardens
12/21
rint - APP09-0009
unding Sources
Source AmountNon-
Amortizing*Rate(%)
Term(Years)
Amort.Period(Years)
AnnualDebt
Service
Bank Loan
RPP Loan
Local Gov. Loan - Specify:
RD 515 Loan
RD 538 Loan - Specify:
AHP Loan
Other Loan 1 - Specify:CICCAR
Other Loan 2 - Specify:
Other Loan 3 - Specify:
Tax Exempt Bonds
State Tax Credit(Loan)
State Tax Credit(Direct Refund)
Equity: Federal LIHTC
Non-Repayable Grant
Equity: Historic Tax Credits
Deferred Developer Fees
Owner Investment
Other - Specify:
Total Sources**
"Non-amortizing" indicates that the loan does not have a fixed annual debt service. For these items, you must fill in 20-year debtservice below.
Total Sources must equal total replacement cost in Project Development Cost (PDC) section.
stimated pricing on sale of Federal Tax Credits: $0.
emarks concerning project funding sources:ease be sure to include the name of the funding source(s))
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (12 of 21)4/14/2009 1:59:06 PM
446,945 7.00 30 30 35,682
1,369,481 0 30 30 0
5,607,461
100
7,423,987
70
8/6/2019 Kirkwood Gardens
13/21
rint - APP09-0009
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (13 of 21)4/14/2009 1:59:06 PM
8/6/2019 Kirkwood Gardens
14/21
rint - APP09-0009
evelopment Costs
Item Cost Element TOTAL COSTEligible Basis
30% PV 70% PV
1 Purchase of Building(s) (Rehab / Adaptive Reuse only)
2 Demolition (Rehab / Adaptive Reuse only)
3 On-site Improvements
4 Rehabilitation
5 Construction of New Building(s)
6 Accessory Building(s)
7 General Requirements (max 6% lines 2-6)
8 Contractor Overhead (max 2% lines 2-7)
9 Contractor Profit (max 8% lines 2-7; 6% if Identity of Interest)
10 Construction Contingency (max 5% lines 2-9, Rehabs 10%)
11 Architect's Fee - Design (11 + 12 = max 3% lines 2-10)
12 Architect's Fee - Inspection
13 Engineering Costs
SUBTOTAL (lines 1 through 13)
14 Construction Insurance (prorate)
15 Construction Loan Orig. Fee (prorate)
16 Construction Loan Interest (prorate)
17 Construction Loan Credit Enhancement (prorate)
18 Construction Period Taxes (prorate)
19 Water, Sewer and Impact Fees
20 Survey
21 Property Appraisal
22 Environmental Report
23 Market Study
24 Bond Costs
25 Bond Issuance Costs
26 Placement Fee
27 Permanent Loan Origination Fee
28 Permanent Loan Credit Enhancement
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (14 of 21)4/14/2009 1:59:06 PM
1,020,100 1,020,100
3,839,936 3,839,936
291,602 291,602
103,033 103,033
309,098 309,098
278,188 278,188
48,000 48,000
12,000 12,000
30,000 30,000
5,931,957
16,500 16,500
110,000 99,000
1,000 1,000
20,000 20,000
12,000 12,000
3,500 3,500
4,348 4,348
4,300 4,300
9,439
8/6/2019 Kirkwood Gardens
15/21
rint - APP09-0009
29 Title and Recording
SUBTOTAL (lines 14 through 29)
30 Real Estate Attorney
31 Other Attorney's Fees
32 Tax Credit Application Fees (Preliminary and Full)
33 Tax Credit Allocation Fee (0.62% of line 60, minimum $7,500)
34 Cost Certification / Accounting Fees
35 Tax Opinion
36 Organizational (Partnership)
37 Tax Credit Monitoring Fee
SUBTOTAL (lines 30 through 37)
38 Furnishings and Equipment
39 Relocation Expense
40 Developer's Fee
41 Additional Contigency (greater of $500/unit or $30,000)
42
43
44 Rent-up Expense
45
46
SUBTOTAL (lines 38 through 45)
47 Rent up Reserve
48 Operating Reserve
49
50
51 DEVELOPMENT COST (lines 1-49)
52 Less Federally Funded Grant
53 Less Disproportionate Standard
54 Less Nonqualified Nonrecourse Financing
55 Less Historic Tax Credit
56 TOTAL ELIGIBLE BASIS
57 Applicable Fraction (percentage of LI Units)
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (15 of 21)4/14/2009 1:59:06 PM
5,000
186,087
17,500 17,500
27,600
2,300
55,190
12,000 12,000
3,500
15,500
44,800
178,390
16,000 16,000
672,000 672,000
32,000 32,000
Other Basis Expense - 4,300 4,300
Other Basis Expense - 1,000 1,000
19,200
Other Non-basis Expen
Other Non-basis Expen
744,500
19,200
113,853
Other Reserve (specify)
Other Reserve (specify)
7,173,987 0 6,847,405
0
6,847,405 0 6,847,405
100.00% 100% 100%
8/6/2019 Kirkwood Gardens
16/21
rint - APP09-0009
58 Basis Before Boost
59 Basis Boost of up to 130%
60 TOTAL QUALIFIED BASIS
61 Tax Credit Rate
62 Federal Tax Credits (maximum $1,300,000)
63 Federal Tax Credits Requested (if less than line 62)
64 Land Cost
65 TOTAL REPLACEMENT COST
FEDERAL TAX CREDITS IF AWARDED
Comments:
Project Development Cost per unit59,999
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (16 of 21)4/14/2009 1:59:06 PM
6,847,405 0 6,847,405
100.00% 130.00%
8,901,627 0 8,901,627
3.50 9.00
801,146 0 801,146
0
250,000
7,423,987
801,146
8/6/2019 Kirkwood Gardens
17/21
rint - APP09-0009
arket Study Information
ease provide a detailed description of the proposed project:
RKWOOD GARDENS - The proposed site is located approximately .9 miles from the heart ofomasville's commercial and retail district located along Hwy 109. The development will consist of 64 units
r Seniors, aged 55+, and will be located within one all-inclusive two-story building with elevator. There will 35 one-bedroom/one bath units and 29 two bedroom/one bath units. This will include 8 handicapped/
obility impaired units, two of which will be sensory units. The rent structure has been made affordable,
th units targeted at 40%, 50%, and 60% of AMI. In addition, 7 units will be targeted to Disabled and/oromeless individuals under NCHFA's Key Program.e development will meet Energy Star Certification Criteria with Energy Star appliances and low flowtures helping to reduce the utilities for the tenants. The surrounding area is mostly a mixture of single andulti-family housing with easy access to regional employers, retail centers and services. All of the tenants'eryday services are within 1 mile of the site.
nstruction (check all that apply):
Brick Vinyl Wood HardiPlank Balconies/Patios Sunrooms Front Porches
Front Gables or Dormers Wide Banding or Vertical/Horizontal Siding
Other:Energy Star appliances throughout/Low flow fixtures.Curb and gutter throughout with turndowns at sidewalks.Internal pedestrian system linking the structures and parking.Security lighting throughout all parking areas.Exterior brick, vinyl and accent shake siding.Gutter and downspout system.Courtyard with seating overlooking stream and wooded parcel.
ve you built other tax credit developments that use the same building design as this project?Yes
If yes, please provide name and address:
Creekside Crossing - 450 West Street, Spindale, NC 28160
e Amenities:
entral covered drive-thru and drop-off area.ourtyard with seating.rap-around porch at covered drive-thru.
emium views of stream and adjacent woods and landscaped courtyard.cnic Shelteratio off of Community Roomonference Room/Libraryecond Floor separate TV Roomxercise Room with New Equipmentecond Floor Sunroom
site Activities:
entrally located within the residential building, the community room, will house kitchen facilities, craft aread a multi-purpose room. This area will be the center for "social" activities and residential gatherings suchhost speakers from community agencies, medical screenings and regular residents' meetings. Outdoor
creational opportunities will also be made available to the residents by provision of a large screened-in
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (17 of 21)4/14/2009 1:59:06 PM
8/6/2019 Kirkwood Gardens
18/21
rint - APP09-0009
rch, a central courtyard, picnic areas with park benches and barbeque grill and outdoor sitting areas.
ndscaping Plans:
e site will be generously and attractively landscaped with street trees along the roadway, scattered shaded ornamental trees, low maintenance foundation plantings adjacent to the building and lawn areas, andrimeter plantings will be located in and around the building. A retaining wall will separate the site from theoposed family site to the east. The border will have optimal landscaping to enhance privacy.
erior Apartment Amenities:
ange with hood, dishwasher, frost-free refrigerator, spacious walk-in closets, covered patio or deck, mininds, ceiling fans with light fixtures, carpet in the living room and bedrooms, vinyl flooring in kitchen/diningea and at front entrance, central heat/air pump. The unit will feature open plans with spacious rooms.ere will be ample windows for bright spaces and easy access kitchen with good workspace. Each unit willntain a washer-dryer area with hook-ups and large closets. The universal accessibility design ensuresnants the ability to "age in place".
nits will meet Energy Star certifications criteria.
you plan to submit additional market data (market study, etc.) that you want considered? Yes
If yes, please make sure to include the additional information in your pre-application packet.
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (18 of 21)4/14/2009 1:59:06 PM
8/6/2019 Kirkwood Gardens
19/21
rint - APP09-0009
pplicant's Site Evaluation
efly describe your site in each of the following categories:
EIGHBORHOOD CHARACTERISTICS
end and direction of real estate development and area economic health. Physical condition of buildings andprovements in the immediate vicinity. Concentration of affordable housing.
irkwood Gardens - The proposed site is located .9 miles southeast of major retail corridior for Thomasville
nd surrounding Davidson county. The site is located in an area that is quickly transitioning to a residential/etail corridor. An undeveloped tract is located north of the site across Old Raleigh Road, the owner hasture plans for a strip retail center (see area site plan). Three multifamily developments are located to the
outheast along Old Raleigh Road.new Super Walmart Shopping Center is located approximately 9/10 of a mile to the south. Major
menities are located within one mile of the site location.his area is ideal for a live and work neighborhood with everyday amenities, and easy road access to majormployers throughout the region.here is no senior affordable housing in this market at this time.
URROUNDING LAND USES AND AMENITIES
nd use pattern is residential in character (single and multifamily housing). Extent that the location isolated. Effect of industrial, large-scale institutional or other incompatible uses, including but not limited to:astewater treatment facilities, high traffic corridors, junkyards, prisons, landfills, large swamps, distributioncilities, frequently used railroad tracks, power transmission lines and towers, factories or similar operations,urces of excessive noise, and sites with environmental concerns (such as odors or pollution). Amount andaracter of vacant, undeveloped land. This site was rezoned as High Density Residential (R-6) in May 2007the City of Thomasville and is located within an area quickly becoming residential and retail. Plans exist
r a retail strip center across Old Raleigh Road and the property to the north at the corner of Old Raleighoad and Cloninger Road has been sold to a local Day Care Center, with plans to begin construction in09. There is a new patio home development located to the east of the site.A commercial flex officevelopment exists to the east of the site. No excessive noise or odors were observed during our multiplee visits.
TE SUITABILITY
dequate traffic safety controls (i.e. stop lights, speed limits, turn lanes). Burden on public facilitiesarticularly roads). Access to mass transit (if applicable). Visibility of buildings and/or location of project sign in relation to traffic corridors. Interstate 85 and HWY 62(Cloninger Road) is a regional commuter corridor
r Davidson County and points beyond into High Point and Trinity's employment and service districts. Theeed limit is 45MPH along this section of Old Raleigh Road. Access and visibility from our proposedtrance is excellent and exceeds DOT current visibility requirements. A double-sided project sign will be
cated along Old Raleigh Road. Old Raleigh Road is mostly commuter traffic from 6:00am to 9:00am andom 4:00pm to 7:00pm. Piedmont Authority for Regional Transportation (PART) has a regional stopproximately 1 mile from the site at the Southgate Plaza Shopping Center that services the entire Triadea. Davidson County has local van services and the elderly ride for free to most locations. We will workth Davidson County to include our development as part of their daily routes. Sewer and water are bothailable to the site.
egree of on-site negative features and physical barriers that will impede project construction or adversely
ect future tenants; for example: power transmission lines and towers, flood hazards, steep slopes, largeulders, ravines, year-round streams, wetlands, and other similar features (for adaptive re-use projects-itability for residential use and difficulties posed by the building(s), such as limited parking, environmentaloblems or the need for excessive demolition).
he only "year round stream" on the site is in the extreme southern corner of the property. This area willemain undeveloped as shown on the site plan. The trees along the stream bed will be maintained and willdd to the neighborhood character of the design. No on-site barriers exist that will impede theonstructability of the project or adversely affect it's completion.
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (19 of 21)4/14/2009 1:59:06 PM
8/6/2019 Kirkwood Gardens
20/21
rint - APP09-0009
milarity of scale and aesthetics/architecture between project and surroundings.
he proposed development will be very compatiable with the existing neighborhood and trend of growth ine area. New patio homes adjacent to the site to the east and the proposed retail and day care to the north
nd east is in character with our proposed development.
ultiple market rate multi-family developments already exist south of the site on Old Raleigh Road.
r each applicable neighborhood feature, enter distance from project in miles.
Grocery Store Community/Senior Center
Mall/Strip Center Hospital
Outdoor Athletic
eldsPharmacy
Day Care/After
choolBasic Health Care
Schools Public Transportation
Stop
Convenience Store Public Parks
Gas Station Library
her facilities or services:
almart Supercenter - 1.1 miles from site.
ttps://www.nchfa.org/Rental/RTCApp/(S(dgzjp1b4s...DEF5038197&SNID=65CF2512FB874560A16B8DAF9F04F6CD (20 of 21)4/14/2009 1:59:06 PM
.9 2.4
.9 3.9
.10.8
.10.7
.1 0.9
.0 1.3
.2 2.2
8/6/2019 Kirkwood Gardens
21/21
rint - APP09-0009
reliminary App Checklist
e following enclosures must be submitted along with your signed preliminary application. Some enclosures are required only undetain conditions. Please check each applicable item to indicate that you understand the enclosure requirements and will enclose threct supporting documentation with your application.
Fee PaymentCheck in the amount of $5,450.00 made payable to North Carolina Housing Finance Agency.
Tab A - Preliminary ApplicationPrinted, signed copy of preliminary application generated from online system.
B - Map/Driving InstructionsA local map clearly identifying the location of the Site and detailed directions to the Site. Current City or County maps are prefe
internet maps and directions are not acceptable. Applicant must also provide a map identifying the amenities listed in section(A)(1)(b)(ii) of the QAP and their proximity to the site.
Applicant must provide a sign and boundary markers to clearly identify the road frontage of the site. The sign identifying the sitshould read SITE with a minimum size of 11x17.
C - Community Revitalization Plan
Applicant should provide a map identifying the subject site within the Plan area (if applicable).D - Evidence of Site ControlProvide valid option/contract or warranty deed and plot plan.
E - Site Plans/Scope of WorkPreliminary site plan, floor plans and elevations for all projects, interior and exterior photographs and detailed scope of work foAdaptive Reuse and Rehab projects. Site and floor plans should be no larger than 11x17 and must be produced by a licensedarchitect or engineer.
F - Information Package for Market AnalystsThis section must include copies of items required in Tabs A, B, E and G (site and floor plans should be no larger than 11x17) can include any additional market information such as preliminary market studies the applicant would like to provide to theAnalysts.
G - Rent Roll (Rehabs only)
Provide the current rent roll for the property and indicate which units (if any) are receiving rental assistance.H - Documentation for Basis BoostApplicant should provide an appraisal and/or standard geological survey to support a request for the basis boost (if applicable)