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ATTY/RESO.0053/CC RESO AMENDING AFFORDABLE HOUSING PRESERVATION PROGRAM – EXHIBIT A <br />REV: 08-19-24 LF <br />Page 11 of 19 <br />Applications are to be straightforward, clear, concise, and specific to the information <br />requested. In order for applications to be considered complete, the applicant must provide <br />responses to all information requested. Submission to this Program is at the applicant’s <br />expense and no part of the costs of preparation shall be reimbursed by the City. <br /> <br />Applications in whole or in part, are NOT to be marked confidential or proprietary. City <br />may refuse to consider any application or part thereof so marked. Applications submitted <br />in response to this Program may be subject to public disclosure. City shall not be liable in <br />any way for disclosure of any such records. Under the California Public Records Act, all <br />documents submitted in response to this Program are considered part of the public record <br />and will be made available to the public, upon request. <br /> <br />Applications must include the following, in the following order: <br />1. Cover letter with applicant, amount requested, project location, and project <br />description (max 1 page). <br />2. Description of the project including units, incomes served, occupancy status, <br />special populations served (if applicable), commercial spaces (if any), on-site <br />amenities, neighborhood amenities, accessible units (if any) (max 2 pages). <br />3. Map identifying location of project. <br />4. Rent roll dated within 30 days of application with lease start date, rent, and subsidy <br />information, if applicable. <br />5. Description of the applicant, including years of experience, types of projects, role <br />in projects, and key principals with contact information (max 2 pages). <br />6. Organizational documents from the State, organizational chart, non-profit status <br />(if applicable), operating agreements for partnerships. <br />7. Last 3 Years of Audited Financial Statements of entity or principals. <br />8. List of properties developed within the last 10 years that include developer’s role, <br />funding sources, income levels served, acquisition/new <br />construction/rehabilitation, special populations served, total development costs <br />and debt coverage ratio or expense coverage ratio (complete in Budget <br />Template). <br />9. Description of property management company, including years of experience and <br />types of projects managed (max 2 pages). <br />10. Proof of site control with a date that extends through the acquisition closing (deed, <br />purchase/option contract, lease, exclusive negotiating agreement, Disposition <br />and Development Agreement). <br />11. Schedule listing key dates through turnover of over-income tenants (if applicable), <br />full lease-up, including acquisition, funding applications (if applicable), acquisition <br />closing, building permits, rehabilitation start and completion (if applicable), etc. <br />12. Appraisal dated within 60 days of the application. <br />6.M. - Page 16 of 110 <br />472