Transcription of Sample Loan Committee Presentation - HUD …
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HOME Webinar Training, Sample loan Committee Presentation : Orchard Gardens By: Anker Heegaard, The Compass Group, LLC. Sample loan Committee Memo: Orchard Gardens 82-Unit, 100% LIHTC, with HOME Funds This Sample is provided for illustration only. This represents one possible way of summarizing the underwriting analysis of a transaction proposed for approval by a Participating Jurisdiction. 1. Overview Orchard Gardens is an 82-unit1 affordable, multifamily property in an urban location in Connecticut. There is no plan to rely on vouchers or other project-based subsidy structures; instead, the property will primarily serve 60% LIHTC-qualified units, with fifteen (15) of the units serving under the HOME program. Construction is new construction, garden-style, in five 14-unit buildings and one 16-unit building, with an ancillary structure containing the office, maintenance facility and clubhouse.
HOME Webinar Training, Sample Loan Committee Presentation: Orchard Gardens By: Anker Heegaard, The Compass Group, LLC Page 3 of 7 . 4.A Prior Developments
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