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ATTY/RESO.0020/CC RESO APPROVING AMENDMENTS TO HPP GUIDELINES – EXHIBIT A REV: 05-04-26 LF Page 13 of 21 9. A timeline description of when over-income units are expected to turnover and become affordable units. 10. Relocation Plan and Budget, if applicable. Section D. Long Term Management and Marketing Plan 11. Description of property management company, including years of experience and types of projects managed 12. Supportive services plan and budget (if applicable) including FTE, staff/client ratios, types of onsite and offsite services, memorandums of understanding between external service provider (if applicable), funding commitment documents. Section E. Site Information 13. Map identifying location of project 14. Proof of site control with a date that extends through the acquisition closing (deed, purchase/option contract, lease, exclusive negotiating agreement, Disposition and Development Agreement). 15. Appraisal dated within 60 days of the application. 16. Preliminary title report dated within 60 days of the application. 17. Phase 1 dated within 1 year of the application. 18. Proof of Planning approvals, if applicable. Section F. Budget 19. Amount requested 20. Last 3 Years of Audited Financial Statements of entity or principals. 21. Budget spreadsheets with development sources and uses, operating, 20-year cash flow budgets, debt coverage ratio, unit mix, City restricted-unit mix. Applicant must use budget template provided by the City. Applicant may provide supplementary budget documentation in addition to the City’s required budget template. 22. Financing commitments. 23. Operating subsidy commitment, if applicable. Section G. Project Schedule 24. Schedule listing key dates through full lease-up, including acquisition, funding applications (if applicable), acquisition closing, building permits, rehabilitation start and completion (if applicable), etc.