2009 Federal Low Income Housing Tax Credit Program Application For Reservation Deadline for Submission 9 % Competitive Credits Applications Must Be Received At VHDA No Later Than 5:00 pm on may 15, 2009. Applications should be received at least one month before the bonds are priced (if bonds are issued by VHDA)
2009 Federal Low Income Housing Tax Credit Program Application For Reservation Deadline for Submission 9 % Competitive Credits Applications Must Be Received At VHDA No Later Than 5:00 pm on may 15, 2009. Applications should be received at least one month before the bonds are priced (if bonds are issued by VHDA)
2009 Federal Low Income Housing Tax Credit Program Application For Reservation Deadline for Submission 9 % Competitive Credits Applications Must Be Received At VHDA No Later Than 5:00 pm on may 15, 2009. Applications should be received at least one month before the bonds are priced (if bonds are issued by VHDA)
2009 Federal Low Income Housing
Tax Credit Program
Application For Reservation
Deadline for
onc o Cred
Applications Must Be Received At VHDA No Later Than 5:00
PM Richmond, VA Time On May 15, 2009
Tax Exempt Bonds
Applications should be received at VHDA at least one month
before the bonds are priced (if bonds issued by VDA), of 75
days before the bonds are issued (if bonds are not issued by
VHDA)
Vinnie Housing Development Autry
601 South Belvidere Street
VHDA Richmond, Vigna 2320-6500
At oi ew
2008 viaz000Low Income Housing Tax Credit Application for Reservation
[Pease indicate ithe following Items are included with your application by checking theappropriate boxes, Voor asatance lm
lorgantzing the submission inthe following order, and actually using tabs to mark them as shown, will fclitate review of your
lapplication. Please note that all mandatory items must be included forthe application to be processed. The inclusion of other items
Imay increase the number of points for which you are eligible under VHDA's point system of ranking applications, and may assist
IVEDA in its determination of the appropriate amount of eredits that it may reserve for the development. You are therefore
lencouraged to subunit as much requested information ass available, but their inchsion fs to! mandatory for review of your
[appticaton,
[Electronic Copy of the Microsoft Excel Based Application (MANDATORY)
[Hard Copy of All Application Pages With Signature (MANDATORY)
Scanned Copy of the Tax Credit Application with all Attachments (excluding market study and plans & specs) (MANDATORY
8750 Application Fee (MANDATORY)
Tab A: Documentation of Development Location:
At Qualified Census Tract Certification
‘A2_ Revitalization Area Cestfication
a Location Map
Surveyor’s Certification of Proximity To Public Transportation
Partnership or Operating Agreement, including chart af ownership structure with percentage of interests (MANDATOR,
Virginia State Corporation Commission Certification (MANDATORY)
Prineipat’s Previous Participation Certification and Resumé (MANDATORY)
Nonprofit Questionnaire (MANDATORY for points or pool)
The following documents need not be submitted unless requested by VHDA:
-Nonprofit Articles of Incorporation
IRS Documentation of Nonprofit Status
Joint Venture Agreement (if applicable)
-For-profit Consulting Agreement (if applicable)
“Architect's Certification (MANDATORY)
PHA / Section 8 Notification Letter
Local CEO Letter
Homeownership Plan
Site Control Documentation (MANDATORY)
Plan of Development Certification Letter
Zoning Certification Letter
Copies of 8609s To Certify Developer Experience
(Reserved)
Plans and Specifications and Work Write-Up (MANDATORY)
Documentation of Rental Assistance
Documentation of Operating Budget
Documentation of Project Budget
Documentation of Financing Sources
[Tab U: (Reserved)
[Tab V: Nonprofit or LHA Purchase Option or Right of Fist Refusal
[2] Tab W: Original Attomey’s Opinion (MANDATORY)
(Tab X: (Reserved)
(Tab ¥: Marketing Plan for units meeting accessibility requirements of HUD section 504
fab Z Market Study (MANDATORY-Application willbe disqualified if market study not submitted with the application)
2009 ‘Subwsisson Checklist,iation For Reservation
ncome Housing Tax Credit Apy
VDA TRACKING NUMBER _[_2009-7-148
‘General Information
he el Revo Cole of 98 aad Date of Appicatcny
A. Development Name and Location:
1. Name of Development Windsor Court Il Apartments
Address of Development 01 Georgie Dyer Dive
wee
Windsor Virginia 23481
Tear Sar) Tipcoy
1 compte adress is nat available, provide longitude and latitude coordinates (x.y) fom
location onsite your surveyor deems appropriate.
C Documentaton trom surveyor attached (TAB A) (Only ecesary street address oF sive ntersections ave not avalable
(Cooninates shouldbe the same as those listed on pg 13, if applicable)
4. The Circuit Court Clerk’ office in which the deed to the props is or wll be recoded
CiyrCounty of __Isleof Wight County __(ie; Richmond City, Chesterfield County; se application manual)
5. Does the site overlay one or more jurisdictional Bounderics? Dye No
yes, what other City’Couny isthe site located in besides the one mentioned above?
6, Is the development joeated in a Metropolitan Statistical Area? CN
7. Census Tract the development located in 2803,
Is this 2 Qualified Census Tract: (Yes El No (Arye, attach requires form in TAB A)
8. Isthe development located in a Difficult Development Area?
9. Isthe development located ina revitalization erea? Yes No (ifyes, attach required form in TAB A)
10. _ the development an existing RD or HUD $8/236 development? ‘Yes (No (ifyes, attach roquced form in TAB Q)
[Nef theres an ident interest between the applicant an the seller i this propos, andthe applicants secking pits
this etegry then the applicant must either waive dhe ight othe develope’ fe or other fees essocated wi acquisition andlor
‘ehsbitation, or obi 2 waiver of his requirement fom VHDA pio 19 aplication submission to eeive these points.
4. Applicant agrees to waive al rights to any developer's fee or
other fees associated with acquisition andor rehab. Ove Gm
», Applicant hs obtained a waiver of this requirement from VHDA
prior tothe application submission deadline, Ove Gos
11 Isthe development located ina census tact with poverty
rate <10% with no tax ereit units currently present? Dyes
12, Isthe development listed onthe RD 515 Rehabilitation
Priority List? 1D Yes
13. Congressional District 4 natant Pattee ao
Planning District 25 hints maou natn
State Senate District, 13 ts tea benactn Pore
State House District Mots abisasatSaseptotinseC Ore faas ak
14, ED Location Map Attochad (TAB A)
Project Description:
In the space provided below, ivea bret description of the proposed projet,
[Windsor Court If Apartment is an existing maltfamily housing apartments development consisting of 3 two-story garden sjle apartneat
buildings. tis stick construction with vinyl siding and an asphalt shingled roof. ‘The project mix is 16 one-bedroom unis and 8 two-
Joedroom units. Windsor Court It Apartments LP plans to expend just over $848,000 in hard cost to rehabilitate the apartments i it is
lawarded tax credits
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