1. (a) Application shall be made on form HCD 779, “Rental Loan Application, California Housing Rehabilitation Program (CHRP),” dated 12/89, as set forth in subsection (b). This form is provided by the department.

2. (b) HCD 779, “Rental Loan Application, California Housing Rehabilitation Program (CHRP),” 12/89:

   HCD 779, 12/89

   RENTAL LOAN APPLICATION

   CALIFORNIA HOUSING REHABILITATION PROGRAM (CHRP)

   Loan for (check all applicable): _____ Acquisition _____ Refinancing _____ Seismic Rehabilitation _____ General Rehabilitation _____ Conversion _____ Reconstruction _____ for Residential Hotel _____ for Single Family Rental _____ for Multi-Family Rental _____ for Group Home _____ for Congregate Home _____ Building includes nonresidential space

   SECTION I: GENERAL INFORMATION

3. A. APPLICANT
4. 1. Name

5. 2. Address

   (Street)

   (City)

   (Zip)

6. 3. Phone ( ) ____________________

7. 4. Chief Executive (if applicable)

   (Name)

   (Title)

8. 5. Years in Existence (if applicable) __________
9. 6. Contact Person ______________________________ Phone ( )

10. 7. The Applicant is a (check one):

    [ ]

    individual

    [ ]

    joint venture

    [ ]

    limited partnership

    [ ]

    limited equity housing

    [ ]

    for-profit corporation

    cooperative

    [ ]

    public agency

    [ ]

    Indian reservation or

    [ ]

    nonprofit corporation

    rancheria

    [ ]

    general partnership

    [ ]

    other (specify)

11. 8. Is any transfer of ownership to any other entity (e.g. syndication) planned prior to post-rehabilitation occupancy? Yes _____ No _____
12. 9. Unless applicant is a public agency, label as “1: FINANCIALS.” If joint venture, include separate documents for each partner. If partnership, include statements for the general partners.
13. 10. Complete enclosed Development Qualifications form. Attach and label as “2: DEVELOPMENT QUALIFICATIONS.”
14. 11. Proposed term of loan and term of rent and occupancy restrictions:
15. A. Rehabilitation only: () 20 years () other:
16. B. Acquisition/Refinancing & Rehabilitation: () 30 years () other:
17. C. How many years in addition to the minimum required by Section 7676(a) of the regulations are you committing to maintain rent and occupancy restrictions similar to program restrictions?
18. B. PROJECT SUMMARY
19. 1. Project Name

20. 2. Location

    (Street)

    (City)

    (County)

    (Zip)

21. 3. Assembly District: _______________ Senate District:

22. 4. Amount and use of CHRP funds (complete after completing Section III, page 9):

    Acquisition

    $

    Refinancing

    $

    Construction

    $

    Construction Fees

    $

    Carrying Charges

    $

    General Dev Costs (except admin.)

    $

    Syndication Costs

    $

    Admin. Costs

    $

    TOTAL

    $

23. 5. Describe below the tenant population expected to reside in the development after completion of rehabilitation. Specify any proposed limits on occupancy. (Sections 7681 and 7682 of the CHRP regulations list the program's requirements.) (Add pages if necessary.)

24. 6. Is the residential portion of the structure currently vacant?

    Yes ___ No ___

    Is the nonresidential portion of the structure currently vacant? Yes ___ No ___

    If yes to either of the above:

    When did it become vacant?

    What was its last use?

25. a. For all projects, attach and label the endorsed from “3: OCCUPANCY & RELOCATION.”
26. b. Include in Attachment 3, one copy of the tenant notice provided to the occupants of each residential unit, as required in Section 7685(c) and (f) of the CHRP Regulations.
27. c. Include in Attachment 3, general description of the applicant's plan for providing relocation benefits or avoiding displacement, indicating whether tenants will need to move from the building, whether any relocation units have been identified, who will be supervising and conducting the relocation effort, and related information. Identify all planned measures that will minimize the cost and extent of relocation.

28. 7. Number and type of units. See NOFA for definitions of “assisted,” “lower-income,” and “very low-income.” If more than one site, show totals below and information for each site separately as “4: UNITS.”

    PROJECTS OTHER THAN SINGLE FAMILY HOMES:

    # Before Rehabilitation

    # After Rehabilitation

    Type

    Lower- Income Units

    Other Units

    Total

    Assisted Lower

    Assisted Very Low

    Non- Assisted

    Total

29. Res. Hotel Units (SRO)

    __________

    __________

    __________

    __________

    __________

    __________

    __________

    Studio/efficiency units

    __________

    __________

    __________

    __________

    __________

    __________

    __________

    1 bedroom units

    __________

    __________

    __________

    __________

    __________

    __________

    __________

    2 bdrm. units

    __________

    __________

    __________

    __________

    __________

    __________

    __________

    3 bdrm. units

    __________

    __________

    __________

    __________

    __________

    __________

    __________

    Other (specify)

    __________

    __________

    __________

    __________

    __________

    __________

    __________

    TOTAL

    __________

    __________

    __________

    __________

    __________

    __________

    __________

    SINGLE FAMILY HOMES ONLY:

    Unit Description:

    # Before Rehabilitation

    # After Rehabilitation

    Bedrooms occupied by tenants

    Bedrooms occupied by resident staff

    Bathrooms

    Tenants Description:

    Low-income tenants

    Very low-income tenants

    Resident staff (if applicable)

30. 8. Type of construction:

    [ ] wood frame

    [ ] reinforced brick or other reinforced masonry

    [ ] unreinforced brick or other unreinforced masonry

    [ ] other (specify)

31. 9. If unreinforced brick or other unreinforced masonry:

32. a. Are CHRP funds being requested for seismic rehabilitation improvements? (See Section 7675 of the regulations)

    Yes ___ No ___

33. b. If yes, have you been notified that the building is on the local jurisdiction listing of potentially hazardous buildings?

    Yes ___ No ___

34. c. If yes to b., provide a letter or other notification regarding your building being on the list of potentially hazardous buildings and provide a letter from an appropriate local government official stating that the jurisdiction is in compliance with Section 8875.2 of the Government Code or Section 19163 of the Health and Safety Code. Label “5: SEISMIC INFORMATION.”
35. 10. Number of parcels _____; Number of structures _____; Number of stories per structure _____;
36. 11. Age of structure(s) _____ years
37. 12. Does the project currently include both residential and nonresidential uses? Yes ___ No ___
38. 13. Will it have both uses after rehabilitation? Yes ___ No ___ If yes, describe existing and proposed non-residential uses:

39. 14. a. Gross floor area of structure before rehabilitation:

    Assisted Residential Uses ___ square feet (___%)

    Nonassisted Residential Uses ___ square feet (___%)

    Nonresidential Uses ___ square feet (___%)

    TOTAL _______________ square feet 100%

40. b. Gross floor area of structure after completion of rehabilitation:

    Assisted Residential Uses ___

    Nonassisted Residential uses ___ square feet (___%)

    Nonresidential uses ___ square feet (___%)

    TOTAL ___ square feet 100%

41. 15. Are there and/or will there be any specific amenities supplied to the tenants with cost included in the rent (e.g. linen service, furniture or appliances)?

    Yes ___ No ___

    If yes, describe:

42. 16. In an attachment labeled “6: CONSTRUCTION.”
43. a. Describe the existing condition of each of the following components of your building (structural, plumbing, heating, roofing, doors, walls, electrical, foundation and mechanical.) Include a description of the need in each unit.
44. b. Include all inspection reports received in the last 12 months from local housing and building code officials, pest control services, roofing inspectors, etc.
45. c. Describe, by component, the proposed construction or repair work, and all work directly related to the construction or repair. If appropriate, provide schematic or other plans related to the work.
46. d. Consistent with 16.c. above, provide a line item cost estimate, using the enclosed format (Rehabilitation Cost Estimate) or a similar format. Prorate costs that cannot be directly associated with one use or another based on the gross floor area occupied by each use. Proration is governed by Sections 7674(c) and 7675(c) of the regulations.
47. e. If seismic reinforcement is planned, provide a separate line item estimate for all work directly related to the seismic reinforcement. Follow the format described in (d) above. Include costs for the seismic work itself, and for all demolition, wall repair, and similar work directly related to the seismic work.
48. f. Identify the person(s) responsible for preparing the above items, and attach a resume of their experience.
49. 17. For projects limiting occupancy in the manner described in I.B. 5. above:
50. a. Describe all state and local licenses required to operate the project, and list the licensing authorities:
51. b. List below all services to be provided project residents beyond those customarily provided in furnished apartments. Provide name, contact person, and phone number for organizations providing these services.
52. c. List below expected sources of funds that will be used to support the services identified above, and indicate for each (1) the expected funding amount during the first two operating years and (2) the name and phone number of a contact person.
53. d. If available, attach letters of intent or support from each funding source listed in (c) above. Label as “7: SERVICES LETTER.”
54. 18. If CHRP funds are being requested for sponsor administrative costs, attach an itemized statement of expenses incurred to date and a budget for anticipated future expenses. Include a detailed narrative and explanation. Label “8: ADMINISTRATIVE EXPENSES.” If the requested administrative costs exceed 10% of the loan, include the justification required by Section 7680(d) of the regulations.

55. 19. Attach a copy of a letter from the applicant to the head of local legislative body (city council, county board, etc.) notifying it of the application and describing the location, size, and type of proposed project, and proposed tenant population. Pursuant to section 50861(c) of the Health and Safety Code, the letter must also request that the local government submit to the Department a report on the actions it is taking to implement its housing element, including policies or programs especially targeted towards providing housing for lower-income households. (Applicants who are local governments must submit the report as part of this Attachment.) Indicate on the copy the date that the letter was mailed. Label “9: LOCAL LETTER.”

    SECTION II: SITE INFORMATION

56. A. Current owner of record
57. B. Date of purchase (if owned by applicant)
58. C. Provide a current (no more than six months old) Preliminary Title Report (PTR) and label “10: PTR.” If the applicant is the current owner, the PTR should show them as such.
59. D. Include a site map clearly showing the location of the project, public transportation routes that serve it, and nearby schools, recreation facilities, shopping areas, medical facilities, other facilities, and employment in relation to the needs of the tenants. Label as “11: MAP.” In this attachment describe any adverse environmental conditions on or near the site (e.g. asbestos, 100 year flood zone, toxic wastes), any proposed mitigations, and the costs attributable to such mitigations (including handling and disposal of toxic/hazardous materials) found in Attachment 6, or include a statement that there are not adverse environmental conditions.
60. E. Check if any of the following is required:
61. 1. _____ Rezoning from zone to zone
62. 2. _____ General plan change
63. 3. _____ Conditional use permit
64. 4. _____ Environmental review
65. 5. _____ Redevelopment Agency Approval
66. 6. _____ HUD and/or FmHA Approval
67. 7. Other:
68. F. IF APPLICABLE:
69. 1. Date option, purchase agreement, lease, disposition and development agreement, land sales contract, or other enforceable agreement was: Entered into _____ Terminates _____
70. 2. Attach a copy of the above agreement. Label “12: ACQUISITION AGREEMENT.”

71. 3. Complete enclosed Comparable Sales form or an appraisal of the project that was prepared within the last 12 months. Attach and label “13: COMPARABLE SALES/APPRAISAL.”

    SECTION III: DEVELOPMENT COSTS

    For buildings with non-assisted units and/or non-residential use, prorate costs that cannot be directly attributed to one use or another based on the gross floor area occupied by each.

    On a separate sheet labeled “14: DEVELOPMENT COSTS,” describe the basis for each line item of cost.

    Assisted Units

    Non-assisted Units

    Non- residential

    Total

72. A. Purchase Price

    $ _____

    $ _____

    $ _____

    $ _____

73. B. Refinancing

    $ _____

    $ _____

    $ _____

    $ _____

74. C. Construction (from I.B. 16.d. above)

    $ _____

    $ _____

    $ _____

    $ _____

75. D. Construction Fees

    $ _____

    $ _____

    $ _____

    $ _____

76. 1. Local Permits & Fees

    $ _____

    $ _____

    $ _____

    $ _____

77. 2. Architectural and Engineering Fees

    $ _____

    $ _____

    $ _____

    $ _____

78. 3. Phase I Environmental Study

    $ _____

    $ _____

    $ _____

    $ _____

79. 4. Other (Specify)

    $ _____

    $ _____

    $ _____

    $ _____

    SUBTOTAL

    $ _____

    $ _____

    $ _____

    $ _____

80. E. Carrying Charges

    $ _____

    $ _____

    $ _____

    $ _____

81. 1. Construction Loan Fees and Interest

    $ _____

    $ _____

    $ _____

    $ _____

82. 2. Other Loan Debt Service During Construction

    $ _____

    $ _____

    $ _____

    $ _____

83. 3. Property Taxes During Construct

    $ _____

    $ _____

    $ _____

    $ _____

84. 4. Insurance during Construction

    $ _____

    $ _____

    $ _____

    $ _____

85. 5. Other:

    $ _____

    $ _____

    $ _____

    $ _____

    SUBTOTAL

    $ _____

    $ _____

    $ _____

    $ _____

86. F. General Development Costs

87. 1. Permanent Lender Financing Fees

    $ _____

    $ _____

    $ _____

    $ _____

88. 2. Appraisal

    $ _____

    $ _____

    $ _____

    $ _____

89. 3. Legal

    $ _____

    $ _____

    $ _____

    $ _____

90. 4. Fixtures

    $ _____

    $ _____

    $ _____

    $ _____

91. 5. Furniture

    $ _____

    $ _____

    $ _____

    $ _____

92. 6. Rent-up Vacancy Loss

    $ _____

    $ _____

    $ _____

    $ _____

93. 7. Other Rent-up Costs

    $ _____

    $ _____

    $ _____

    $ _____

94. 8. Title & Escrow Fees

    $ _____

    $ _____

    $ _____

    $ _____

95. 9. Tenant Relocation

    $ _____

    $ _____

    $ _____

    $ _____

96. 10. Sponsor Admin.

    $ _____

    $ _____

    $ _____

    $ _____

    SUBTOTAL

    $ _____

    $ _____

    $ _____

    $ _____

97. G. Syndication Costs

98. 1. Bridge Loan Interest

    $ _____

    $ _____

    $ _____

    $ _____

99. 2. Legal

    $ _____

    $ _____

    $ _____

    $ _____

100. 4. Financial Consultant

     $ _____

     $ _____

     $ _____

     $ _____

101. 5. Syndication Fee and Offering Costs

     $ _____

     $ _____

     $ _____

     $ _____

102. 6. Other

     $ _____

     $ _____

     $ _____

     $ _____

     SUBTOTAL

     $ _____

     $ _____

     $ _____

     $ _____

103. H. TOTAL DEVELOPMENT COSTS (TDC)

     $ _____

     $ _____

     $ _____

     $ _____

104. I. TDC Per Unit/Bedroom (Bedroom in group/congregate home)

     $ _____

     $ _____

     $ _____

     $ _____

105. J. TDC Per Sq. Ft. of Building Area

     $ _____

     $ _____

     $ _____

     $ _____

     SECTION IV: SOURCES OF FUNDS

     If refinancing of existing debt is proposed, provide the requested information for all existing financing and label 15: EXISTING DEBT. Include copies of all notes, deeds of trust, and regulatory agreements secured against the property. In an attachment labeled “16: PERMANENT FINANCING,” provide requested information for all permanent loans (including CHRP) and all grants which will be recorded against the property after rehabilitation. If interim financing will be necessary, please provide the requested information for all interim loans and label “17: INTERIM FINANCING.” Include any commitment letters or letters of intent that have been received.

     Loans

106. 1. Lender Branch: _______________ Branch: _____ Phone # _______________
107. 2. Loan Terms $ __________, at ___%, amortized over ___ years: Due in ___ years. ARM Loan terms: _________________________
108. 3. Date of Loan _______________
109. 4. Negative Amortization: ___ yes ___ no
110. 5. Current Unpaid Principal Balance $ _____ Prepayment penalty: ___ yes ___ no ___
111. 6. Amount of balloon payment, if applicable. $ __________.

112. 7. Debt Service: P & I? __________ or Interest only? __________

     Payment = $ _____ /mo, $ _____ /yr.

113. 8. Status of application and approval timeline: _______________
114. 9. Order of recordation: _______________ Security for loan: _______________

115. 10. Conditions of funding: _______________

     Grants

116. 1. Donor: __________ Contact: _______________ Phone: __________
117. 2. Amount: $ _______________ Name of program, terms and limitations

118. 3. Status of Application and Approval Timeline: Owner Cash Contributions for Residential Portion of Project (including gross syndication income) Amount:

     _______________ Sources: _______________

     For rehabilitation-only projects, owner's estimate of current property value minus current outstanding debt: $

     Sources Unsuccessfully Attempted

     List any funds (loans, grants, or other) that you attempted to obtain but were unsuccessful, and the reason for denial:

     Note: If your project will have both of the following: (1) nonresidential uses; and (2) loans beside CHRP which require periodic payments, you must allocate funds between residential and nonresidential uses. This is necessary to ensure that residential debt service payments are appropriately subtracted from residential income cash to establish the amount available for return on cash investment. (See V.D. below.) For guidance in making this calculation, please contact CHRP staff.

     SECTION V: OPERATING BUDGET

119. A. OPERATING EXPENSES

     Provide estimates for the first year following the completion of rehabilitation. On a separate sheet, labeled “18: OPERATING EXPENSES,” describe the basis for the estimate for each line item.

     In program-based projects described in I.B.17. above, show expenses for all direct and supportive tenant services in the residential column. Income to pay for services should be shown separate from rent as miscellaneous income.

     Residential

     Nonresidential

     Total

120. 1. MANAGEMENT

121. a. Sponsor Overhead

     $ _______

     $ __________

     $ _____

122. b. Contractor Management Fee

     $ _______

     $ __________

     $ _____

123. 2. ADMINISTRATION

124. a. Marketing Expense

     $ _______

     $ __________

     $ _____

125. b. Audit

     $ _______

     $ __________

     $ _____

126. c. Legal

     $ _______

     $ __________

     $ _____

127. d. Miscellaneous

     $ _______

     $ __________

     $ _____

128. e. TOTAL ADMIN.

     $ _______

     $ __________

     $ _____

129. 3. SPONSOR SALARIES AND BENEFITS (include value of rent discounts)

130. a. On-Site or Off-Site Manager

     $ _______

     $ __________

     $ _____

131. b. Asst. Manager

     $ _______

     $ __________

     $ _____

132. c. Grounds & Maintenance Personnel

     $ _______

     $ __________

     $ _____

133. d. Desk Clerks

     $ _______

     $ __________

     $ _____

134. e. Janitorial Personnel

     $ _______

     $ __________

     $ _____

135. f. Housekeepers

     $ _______

     $ __________

     $ _____

136. g. Services Staff

     $ _______

     $ __________

     $ _____

137. h. Other

     $ _______

     $ __________

     $ _____

138. i. TOTAL SALARIES AND BENEFITS

     $ _______

     $ __________

     $ _____

139. 4. MAINTENANCE

140. a. Supplies

     $ _______

     $ __________

     $ _____

141. b. Elevator Maintenance

     $ _______

     $ __________

     $ _____

142. c. Pest Control

     $ _______

     $ __________

     $ _____

143. d. Grounds Contract

     $ _______

     $ __________

     $ _____

144. e. Painting and Decorating (interior only)

     $ _______

     $ __________

     $ _____

145. f. Other

     $ _______

     $ __________

     $ _____

146. g. TOTAL MAINTENANCE

     $ _______

     $ __________

     $ _____

147. 5. UTILITIES NOT PAID BY TENANTS

148. a. Trash Removal

     $ _______

     $ __________

     $ _____

149. b. Electricity

     $ _______

     $ __________

     $ _____

150. c. Water and Sewer

     $ _______

     $ __________

     $ _____

151. d. Gas

     $ _______

     $ __________

     $ _____

152. e. TOTAL UTILITIES

     $ _______

     $ __________

     $ _____

153. 6. INSURANCE

     Property and Liability Insurance

     $ _______

     $ __________

     $ _____

154. 7. TAXES

155. a. Real Estate Taxes

     $ _______

     $ __________

     $ _____

156. b. Business License

     $ _______

     $ __________

     $ _____

157. c. TOTAL TAXES

     $ _______

     $ __________

     $ _____

158. 8. OTHER

159. a. Food

     $ _______

     $ __________

     $ _____

160. b. Support Services Contracts

     $ _______

     $ __________

     $ _____

     c.

     $ _______

     $ __________

     $ _____

     d.

     $ _______

     $ __________

     $ _____

     e.

     $ _______

     $ __________

     $ _____

161. 9. TOTAL OPERATING EXPENSES

     $ _______

     $ __________

     $ _____

162. B. FIRST YEAR INCOME

     $ _______

     $ __________

     $ _____

     Note: Refer to Definition of Rent in Section 7671(y) of the Regulations.

     For Group and Congregate Homes Only:

163. No. of Occupants

164. No. of Bedrooms

     1. 1. Street address.
     2. 2. Name and type of current tenant.
     3. 3. Rentable square feet.
     4. 4. Lease terms, including rent amount, whether NNN or other, annual increase provisions, and lease beginning and ending dates.
     5. 5. Number of parking spaces.
     6. 6. Vacancy rate.

     Monthly Rent Per Bedroom or Tenant (Circle One)

     Monthly Total

     Tenants

     $ ________

     Staff

     $ ________

     Monthly Potential Income--Assisted Units

     $ __________ x 12 months = $ __________

     For all Other Projects (take information from Attachment 3.):

     Monthly Potential Income--Assisted Units

     $ __________ x 12 months = $ __________

     Monthly Potential Income--Nonassisted Units

     $ __________ x 12 months = $ __________

     Complete enclosed Comparable Rental Form. Attach and label “19: RENT COMPARABLES.”

     Residential

     Nonresidential

     Total

     Annual Potential Income-- Assisted Units

     $ ________

     ____________

     $ _____

     Plus: Annual Potential Income-- Nonassisted Units

     $ ________

     ____________

     $ _____

     Plus: Nonresidential Rental Income

     _________

     $ __________

     $ _____

     Plus: Misc. Income (laundry, phone, charges for voluntary) services, etc.

     $ ________

     $ __________

     $ _____

     Total Gross Potential Income

     $ ________

     $ __________

     $ _____

     Less: Vacancy Loss

     ($ _______)

     ($ _________)

     ($ ____)

     Effective Gross Income from Operations

     $ ________

     $ __________

     $ _____

     Less: Unpaid Rent Loss

     ($ _______)

     ($ _________)

     ($ ____)

     Plus: Rental Subsidies or Program

     Service Funds

     $ ________

     $ __________

     $ _____

     Total Effective Income

     $ ________

     $ __________

     $ _____

     If more than 10% of total effective income is nonresidential rental income, attach information on the lease terms for at least three comparable nonresidential spaces. Attach and label “20: NONRESIDENTIAL COMPARABLES.” For each comparable nonresidential space, specify:

165. C. RESERVE DEPOSITS

     Residential

     Nonresidential

     Total

     List all reserve accounts

     $ ________

     ____________

     $ _____

     Annual Operating Reserve Deposits

     $ ________

     ____________

     $ _____

     Annual Replacement Reserve Deposits

     $ ________

     $ __________

     $ _____

     TOTAL RESERVE DEPOSITS

     $ ________

     $ __________

     $ _____

166. D. FIRST YEAR CASH FLOW

     1. 1. Manage the project.
     2. 2. Contract with a currently unidentified management firm or other organization to operate and manage the project.

     3. 3. Contract with an identified firm.

        If (1) or (3), complete and attach the enclosed Management Qualifications form, labeled “21: MANAGEMENT QUALIFICATIONS.” If (2), attach a description of when and how a firm will be selected. Label “22: MANAGEMENT SELECTION.”

        SECTION VII: LOCAL NEED AND PROGRAMS

     Residential

     Nonresidential

     Total

     Total Effective Income (from B)

     $ ________

     $ _________

     $ _____

     Less: Total Operating Expenses (line A.9)

     ($ ________)

     ($ _________)

     ($ _____)

     Net Operating Income

     $ ________

     $ _________

     $ _____

     Less: CHRP Debt Service

     ($ ________)

     ($ _________)

     ($ _____)

     Less: Other Debt Service (Specify)

     ($ ________)

     ($ _________)

     ($ _____)

     Less: Other Debt Service (Specify)

     ($ ________)

     ($ _________)

     ($ _____)

     Less: Reserve Deposits (from C)

     ($ ________)

     ($ _________)

     ($ _____)

     Available for Distributions, Residual Receipts, and/or Prepayments

     $ ________

     $ _________

     $ _____

     Distributions

     ($________ )

     ($ _________)

     ($ _____)

     CHRP Prepayments

     ($ ________)

     ($ _________)

     ($ _____)

     Incentive Payments

     $ ________

     $ _________

     $ _____

     Residual Receipts Payments

     $ ________

     $ _________

     $ _____

     Debt Service Coverage Ratio

     (Total Net Operating Income/

     Total Debt Service) ________________________________________%

     SECTION VI: PROPERTY MANAGEMENT

     The applicant plans to (check one):

167. A. NEED

     1. 1. Market-rate rents for typical (e.g., 1 or 2 bedroom) units.
     2. 2. Length of subsidized housing waiting lists, and length of wait for households on these lists.
     3. 3. Percent of total rental units that are substandard.

     4. 4. Loss or threatened loss of subsidized rental units due to demolition, foreclosure, or subsidy termination.

        If the project will serve a special tenant group, such as households with a particular disability, include in the above attachment documentation of the need for housing serving this special tenant group in the area of the project.

     Attach appropriate parts of local housing element and other documentation, labeled “23: NEED,” regarding all of the following indicators of the need for rental housing in the area of the project. Where available, provide neighborhood-level data instead of or in addition to data for larger areas.

168. B. LOCAL PROGRAMS

     1. 1. The jurisdiction's housing element identifies the tenant population of this project as a special needs group.
     2. 2. The project has received a commitment of financial or nonfinancial assistance from a local public agency.
     3. 3. The project has received a commitment for financial or nonfinancial assistance in support of lower income housing from a program that is not operated by a local public agency.
     4. 4. The project is eligible for financial or nonfinancial assistance under a local agency program in support of lower income housing, but has not received a commitment.
     5. 5. The project is located in a city or county that has programs in support of lower income housing, but is ineligible for these programs.

     6. 6. None of the above apply.

        Note: The Department will determine compliance of the jurisdiction's housing element with State law pursuant to Section 7689(d)(4) of the regulations.

        CERTIFICATION

        I certify that the above and attached information and statements are true, accurate and complete to the best of my knowledge.

        (Signature of Chief Executive/Owner)

        (Date)

        (Name Typed)

        For

        (Name of Applicant)

        (Applicant Letterhead)

        SAMPLE RESOLUTION

        NOTE: DO NOT COMPLETE IF THE APPLICANT IS AN INDIVIDUAL.

        WHEREAS, The State of California, Department of Housing and Community Development, Division of Community Affairs, has issued a NOTICE OF FUNDING AVAILABILITY UNDER THE CALIFORNIA HOUSING REHABILITATION PROGRAM (CHRP): and

        WHEREAS, ______________________________ (name of applicant) is a _______________ (state type of sponsor--public entity, nonprofit corporation, for-profit corporation, partnership, etc.), and has applied for a CHRP loan to assist a substandard structure; and

        WHEREAS, ____________________ (title of officer(s) who will act on behalf of Applicant) is/are designated as the officer(s) who can act on behalf of _______________ (name of Applicant) and will sign all necessary documents required to complete the application and award process.

        NOW, THEREFORE, BE IT RESOLVED THAT the Board of Directors (or authorizing body of governmental entity) of _______________ (name of Applicant) hereby authorizes _______________ (Title of Officer) to apply for and accept the loan in an amount not to exceed $ __________, and to execute a State of California Standard Agreement, other required State documents, and any amendments thereto.

        DATE: ______________________________ SIGNED: ______________________________

        ________________________________________________________________________________

        (Printed or typed Name and Title of person signing)

        CALIFORNIA HOUSING REHABILITATION PROGRAM, RENTAL COMPONENT DEVELOPMENT QUALIFICATIONS STATEMENT

        Development Name ___________________________________

        Applicant __________________________________________________

     Check the applicable statements and attach documentation, such as applicable parts of the housing element or a letter from a local public agency, supporting the checked statement. Label “24: LOCAL PROGRAMS.”

169. 1. In the space below, identify the key members of the project development team. For each, indicate what their involvement is, current relationship with the sponsor, their employment status, etc., and attach a resume or qualifications statement for each.

170. 2. Using the format shown below, describe rental housing projects similar to the proposed development that the development team owns or has developed.

     * * *

     Development Name ______________________________

     Address __________________________________________________

     Number of Units: Subsidized: _____ Market: _____ Total: _____

     Subsidy Program: _________________________

     Major Construction

     Major Permanent

     Lender:

     Lender:

     Contact:

     Contact:

     Phone:

     Phone:

     Date Major Permanent Loan was Committed:

     _______/ _______/_______

     Date Major Permanent Loan was Closed and Recorded:

     _______/ _______/_______

     Construction Complete Date:

     _______/ _______/_______

     Date Substantially Occupied:

     _______/ _______/_______

     New Construction _______________ or Rehabilitation _______________

     Building Type: ___________________________________

     * * *

     Development Name ____________________ Address ____________________

     Number of Units: Subsidized: _____ Market: _____ Total: _____

     Subsidy Program: ______________________________

     Major Construction __________ Major Permanent

     Lender:

     Lender:

     Contact:

     Contact:

     Phone:

     Phone:

     Developed only? Yes/No

     Developed and currently owned? Yes/No

     Didn't develop but currently owned? Yes/No

     Date Major Permanent Loan was Committed:

     _______/ _______/_______

     Date Major Permanent Loan was Closed and Recorded:

     _______/ _______/_______

     Construction Complete Date:

     _______/ _______/_______

     Date Substantially Occupied:

     _______/ _______/_______

     New Construction _____ or Rehabilitation _____ Building Type: _____

     

     (May be used as part of Attachment 6)

     CALIFORNIA HOUSING REHABILITATION PROGRAM

     REHABILITATION COST ESTIMATE

     Assisted Units +

     Nonassisted +

     Nonresidential =

     Total

     1.

     GENERAL REQUIREMENTS (permits, equipment rental, testing services, security, scaffolding, temporary utilities, final clean-up costs)

     $

     $

     $

     $

     2.

     SITE WORK (sewage & drainage, fumigation, grading, site improvements, demolition, landscaping, asbestos and other hazardous material removal)

     $

     $

     $

     $

     3.

     CONCRETE

     $

     $

     $

     $

     4.

     MASONRY (trash dumpster enclosure, brick fireplaces, sand blasting, masonry restoration and/or cleaning)

     $

     $

     $

     $

     5.

     METALS (structural metal framing, metal joists, metal fabrications, gutters & downspouts)

     $

     $

     $

     $

     6.

     CARPENTRY (fences, cabinetry, framing, plastic laminate, fasteners & adhesives, millwork moldings)

     $

     $

     $

     $

     7.

     THERMAL/MOISTURE PROTECTION CONTROL (insulation, roofing and siding, flashing & sheetmetal, roof vents, skylights, sealants)

     $

     $

     $

     $

     8.

     DOORS, WINDOWS, & GLASS (includes hardward and weatherstripping)

     $

     $

     $

     $

     9.

     FINISHES (lath, plater, & gypsum board, tile, floor and wall coverings, painting)

     $

     $

     $

     $

     10.

     SPECIALTIES (toilet & bath accessories, fireplaces, signs, telephone enclosures, mail boxes, lockers)

     $

     $

     $

     $

     11.

     EQUIPMENT/APPLIANCES (food service equipment, disposal units, exhaust fans, waste handling equipment)

     $

     $

     $

     $

     12.

     FURNISHINGS (manufactured cabinets, casework, furniture, window treatments)

     $

     $

     $

     $

     13.

     SPECIAL CONSTRUCTION (storage tanks, dumb waiters, misc.)

     $

     $

     $

     $

     14.

     CONVEYING SYSTEMS (elevators, trash or linen chutes)

     $

     $

     $

     $

     15.

     MECHANICAL (plumbing, gas lines, heating & A/C, bathroom fixtures, pumps, water heaters, fire extinguishing systems)

     $

     $

     $

     $

     16.

     ELECTRICAL (lighting, detection systems, sound systems)

     $

     $

     $

     $

     17.

     CONTINGENCY

     $

     $

     $

     $

     18.

     OVERHEAD & PROFIT

     $

     $

     $

     $

     TOTAL PROJECT REHAB COSTS:

     $

     $

     $

     $

     Note:

171. (1) A separate itemized line item budget for seismic rehab. improvements (if using Prop. 84 money) must be included.

     (To be used as Attachment 13)

     CALIFORNIA HOUSING REHABILITATION PROGRAM

     SALES COMPARABLES

     Instructions: Complete only if no appraisal done in the last 12 months is available. Show information for three recently sold properties comparable to the proposed project in its before-rehabilitation condition.

     Address

     1

     2

     3

     Distance from Project

     Price

     Date of Sale

     Approximate Building Age

     Unit Make-up:

     Studios

     1-Br

     2-Br

     3-Br +

     Total

     Vacancy Rate

     Gross Building Area

     Rentable Nonresidential Area

     Price/Square Foot

     Price/Unit

     Condition of Property

     Other Remarks

     (To be used as Attachment 19)

     CALIFORNIA HOUSING REHABILITATION PROGRAM, RENTAL COMPONENT

     RENT COMPARABLE

     Instructions: Do not complete for group or congregate home projects. For other projects, copy this form and provide requested information for at least three comparable market-rate rental projects.

     Date of Survey:

     Project Name/Address:

     Manager/Management Agent: ______________________________ Phone:

     BUILDING SPECIFICATIONS:

     0

     1

     2

     3

     4

     Unit Type

     SRO

     Bed room

     Bed room

     Bed room

     Bed room

     Bed room

     Rental Range for Available or Recently Rented Units

     _____

     _____

     _____

     _____

     _____

     _____

     Furnished

     _____

     _____

     _____

     _____

     _____

     _____

     Number of Units

     _____

     _____

     _____

     _____

     _____

     _____

     RENTAL POLICIES: Lease: Yes _____ No _____

     Period __________ Type __________

     MOVE-IN COSTS (Fees, Deposits, First/Last Month Rent):

     Tenant Characteristics (e.g., senior, disabled):

     Utilities Paid by Tenant: Gas _____ Electricity _____

     Water ___ None ___

     SECURITY DEVICES UTILIZED:

     Front Desk Clerks: __________ Full-time Guards: __________

     Part-time Guards: __________ Other:

     Project Amenities:

     Current Number of Vacancies:

     (To be used as Attachment 21)

     CALIFORNIA HOUSING REHABILITATION PROGRAM, RENTAL COMPONENT MANAGEMENT

     QUALIFICATIONS STATEMENT

172. 1. Loan Applicant/Building Owner:

     Proposed Development Name:

173. 2. Proposed Management Organization:

     Year Founded:

     Year Property Management Activities were Begun:

     Contact Person:

     Phone:

174. 3. Type of Organization (check applicable space)

     For-Profit Corporation __________ Nonprofit Corporation __________

     Partnership ____________________ Public Agency ____________________

     Individual ____________________

     Other (specify) ____________________

175. 4. Organization's Office Locations:

     _________________________ Address and Phone Number

     _________________________ Territory and Major Cities Covered

     Principal Office

     Office Intended to Serve this Development

     Number of miles from office to proposed development

176. 5. Current Organization Staff

     1. a. Total number of employees of firm involved in direct management activities:
     2. b. Attach duty statements, and, where available, resumes for any property managers and other key line-level management personnel who would be likely to participate in management activities of this development. (This can include sponsor staff and board members.)

177. 6. Have any licenses, certificates or accreditations ever been revoked, suspended, restricted or in any manner limited or terminated for any employee, associate or principal of your organization? (Answer in the affirmative even if license has been restored.)

     ___ YES If “YES,” please provide complete details on a separate sheet.

     ___ NO

178. 7. Attach a schedule with the following information for all housing developments the organization has managed and currently manages:

     1. a. Development Name and Address
     2. b. Total Number of Units
     3. c. Number of units subsidized through a government program. List subsidy source/program name.
     4. d. Building Type (e.g., high-rise)
     5. e. Date this organization began management
     6. f. Name, address, and phone number of owner
     7. g. Name and phone number of project leader contact person familiar with the development.
     8. h. Type of Housing (e.g., elderly, family, cooperative, group home)
     9. i. Current vacancy rate and physical condition of property.

179. 8. Contract Status

     1. a. How many property management contracts held by the Organization over the past three years have been terminated prior to their expiration dates? _______________

     2. b. How many property management contracts held by the Organization over the past three years were not renewed upon expiration? _______________

        Please attach names and addresses of these developments and their mortgagors, as well as reasons and circumstances surrounding such termination(s) and non-renewals.

180. 9. Has the Organization or any of its present personnel ever been involved in a governmental or judicial action concerning a violation of “Fair Housing” laws?

     ___ YES If “YES,” please describe.

     ___ NO

181. 10. a. Does the Organization carry at its expense fidelity bonds or other insurance for protection of owner's interests? Please describe.

     1. (1) Amount of Bond: $ __________
     2. (2) Name of Bonding Co.:

     3. b. If “NO,” is the Organization eligible for a fidelity bond?

        _____ YES _____ NO

     4. c. Does the Organization carry at its expense any other insurance for protection of owner's interests? If so, what?

     _____ YES _____ NO __________ If “YES,” state:

182. 11. Describe planned on-site staff for the project being applied for, including duties and work hours:
183. 12. Describe your plans to train staff to manage the development in accordance with the requirements of the California Housing Rehabilitation Program:
184. 13. Attach a copy of the Organization's most recent financial statement.

185. (c) A complete application shall consist of the following:

     1. (1) a fully completed form HCD 779, “Rental Loan Application, California Housing Rehabilitation Program (CHRP),” 12/89, accompanied by all attachments relevant to the project under consideration; and
     2. (2) any other information the department may require in order to determine the eligibility or feasibility of the proposed project, to evaluate or rank the proposed project, or to determine that the applicant is capable of owning, managing and rehabilitating a rental housing development.

Note: Authority cited: Section 50668.5, Health and Safety Code. Reference: Sections 50661, 50668.5, and 50669, Health and Safety Code.

History

1. New section filed 6-12-89 as an emergency pursuant to Health and Safety Code section 50668.5(g); operative 6-12-89 (Register 89, No. 24). A Certificate of Compliance must be transmitted to OAL within 120 days or the regulation will be repealed on 10-10-89. For history of former subchapter 8 (sections 7700-7714.5, not consecutive), see Register 85, No. 33.

2. New section refiled 10-6-89 as an emergency pursuant to Health and Safety Code section 50668.5(g) and Government Code section 11346.1(h); operative 10-10-89 (Register 89, No. 42). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 2-7-90.

3. New section refiled 2-5-90 as an emergency pursuant to Health and Safety Code section 50668.5(g) and Government Code section 11346.1(h); operative 2-7-90 (Register 90, No. 6). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 6-7-90.

4. Amendment of subsections (a)-(c) filed 3-5-90 as an emergency pursuant to Health and Safety Code section 50668.5(g); operative 3-5-90 (Register 90, No. 12). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 7-3-90.

5. Certificate of Compliance as to 2-5-90 and 3-5-90 orders including amendment transmitted to OAL 5-22-90 and filed 5-29-90 (Register 90, No. 29).