Consolidated Application for the Development of Affordable - Homeownership - 2026 ROUND 2

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Application Checklist (Minimum Requirements)

1. Application
2. Narrative proposal description
3. Project Sources and Uses
4. Timeline for closing and commencement of closing
5. Letters of funding commitments
6. Letter from Monitoring Agent confirming proposed purchase price
7. Resumes of key development team members
8. Provide proof of organization’s creditworthiness
9. Evidence of site control including Property Deed and legal description of the property
10. Zoning Certificate or Evidence of Zoning showing permitted use
11. Design Plans and Specifications
12. Signed Schedule of Values prepared by qualified professional
13. Evidence of demand or need for the project through market analysis or study, local

demographics, waiting list, etc.

Homeownership General Information

Below are links to the following due diligence items staff will be collecting and will be required for closing:

• 2022-01 Homeownership Streamline Program for 1-2 Unit Developments (the “Homeownership Program”)
• Exhibit A – Plan and Specification Requirements for Single Family/Duplex Construction
• Exhibit B – RIHousing Class I Survey Standards as of July 1, 2021