The threshold requirements of a pre-application include the
criteria listed in paragraphs (1) - (8) of this section. As the Department
reviews the pre-application the assumptions as reflected in Chapter
11, Subchapter D of this part (relating to Underwriting and Loan Policy)
will be utilized even if not reflected by the Applicant in the pre-application.
The threshold requirements of a pre-application include:
(1) Submission of the required tabs of the Uniform
Application as prescribed by the Department in the Multifamily Bond
Pre-Application Procedures Manual;
(2) Submission of the completed Bond Pre-Application
Supplement in the form prescribed by the Department;
(3) Completed Bond Review Board Residential Rental
Attachment for the current program year;
(4) Site Control, evidenced by the documentation required
under §11.204(10) of this part (relating to Required Documentation
for Application Submission). The Site Control must be valid through
the date of both the Board meeting at which the inducement resolution
is considered and subsequent submission of the application to the
TBRB. For Lottery applications, Site Control must meet the requirements
of 34 TAC §190.3(b)(13).
(5) Boundary survey or plat clearly identifying the
location and boundaries of the subject Property;
(6) Organizational Chart showing the structure of the
Development Owner and of any Developer and Guarantor, providing the
names and ownership percentages of all Persons having an ownership
interest in the Development Owner, Developer and Guarantor, as applicable,
and completed List of Organizations form, as provided in the pre-application.
The List of Organizations form must include all Persons identified
on the organizational charts, and further identify which of those
Persons listed exercise Control of the Development;
(7) Evidence of Entity Registration or Reservation
with the Texas Office of the Secretary of State; and
(8) A certification, as provided in the pre-application,
that the Applicant met the requirements and deadlines for public notifications
as identified in §11.203 of this part (relating to Public Notifications
(§2306.6705(9)). In general, notifications should not be older
than three months prior to the date of Application submission. In
addition, should the jurisdiction of the official holding any position
or role described in §11.203 of this part change between the
submission of a pre-application and the submission of an Application
in a manner that results in the Development being within a new jurisdiction,
Applicants are required to notify the new entity no later than the
Full Application Delivery Date.
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