Development Book
1. Development Information a. Property Address b. Development Description c. Ownership Entities d. General Contractors e. Management Company Information f. Floor Plans g. Site Plan Elected Compliance Criteria a. Governing Documents i) Copy of Final Application Approved by NIFA for Credits ii) Land Use Restriction Agreement iii) Financing Documents or Regulatory Agreements from Each Funding Source iv) IRS Form 8609s for Each Building Contained in Development v) Correspondence from NIFA vi) Correspondence from Syndicator (if applicable) b. Partnership Documentation i) Syndication Agreement ii) Partnership Agreement iii) Management Agreement
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Income and Rent Information a. Income Limits for Each year b. Maximum Allowable Rents for Each Year c. Utility Allowance Documentation for Each Year NIFA Reporting Documentation a. Exhibit D – Project Status Report b. Exhibit C – Certificate of Continuing Compliance for Each Year Other Documents a. Copy of Current Resident Selection Criteria b. Samples of Current Marketing Brochures / Ad Samples c. Copy of Current Application d. Samples of Verification Forms e. Copy of Current Lease and Other Legal Documents Residents Must Sign
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