Printable full term sheet
Origination Fee of 1.5% of mortgage loan commitment amount.
Loan Structuring Fee (non-refundable) of one-half of the origination fee is payable upon acceptance of the Mortgage Loan Commitment; this fee is credited toward the loan origination fee at closing.
Application Fee of $250 for developments of 24 units or fewer, or $500 for developments of 25 units or more.
Fees are subject to periodic review and change.
20% of all units set-aside for households with incomes not exceeding 80%
of County Median Income (CMI).
Total rent plus utilities cannot exceed 30% of the respective CMI levels.