Okla. Admin. Code § 330:30-4-4.1

Current through Vol. 42, No. 8, January 2, 2025

Section 330:30-4-4.1 - Basic Application requirements

(a) The AP, as approved by the Trustees may modify, expand, or clarify the following criteria.

(b) The form and presentation of each item will be as prescribed in the AP. OHFA reserves the right to require additional information if the disclosures provided are deemed inadequate.

(1)Development name.

(2)Borrower.

(3)Development Team. Provide contact information of the Applicant, Borrower and each member of the Development Team.

(4)Certifications and Affidavits. Each Applicant and the Development Team may be required to provide certifications and affidavits.

(5)Market Study.

(6)Development Description.

(7)Capital Needs Assessment. For existing Developments, a Capital Needs Assessment must be provided.

(8)Income and Expenses Information.

(9)Site Information.

(10)Costs/Sources.

(11)Management/Marketing.

(12)Supplemental Information. Any and all additional information OHFA may require in order to analyze the Development and Application at any stage of its review.

(c) Any amendment or changes to information filed with OHFA must be disclosed immediately. This is a continuing disclosure requirement. Any amendments or changes not immediately brought to the attention of OHFA, in writing, may result in the Application being rejected.

Okla. Admin. Code § 330:30-4-4.1

Added at 20 Ok Reg 2411, eff 7-11-03; Amended at 30 Ok Reg 1982, eff 7-31-13

Amended by Oklahoma Register, Volume 33, Issue 24, September 1, 2016, eff. 10/1/2016