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Unformatted text preview: - Meet LIHTC basis- Reconcile draws with funders Oversee Credit Delivery, Requirements for Conversion Determine Potential Funding Sources Funding Obtain Predev Funding Mtgs w/ Funders Apply for Funding Secure Prelim Funding Approvals Lender Due Diligence and Underwriting Lender Commitments Construction Loan Draw Administration Convert to Permanent Financing Lender/Funder Role Appraisal Loan Docs & Closing Lender/City Inspections Final Inspection Certificate of Occupancy General Contractor Role Assist with Design Obtain Permits Construction Bids Construction Construction Complete Property Management Role Operating Costs, Resident Services Plan, Leaseup Schedule Finalize Management Contract Develop Marketing Plan Pre Marketing Lease Up...
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- Spring '08