04-27-2010 Council Work Session Packet

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V.04-20-09 v.3.0 Electronic AQplication �J. Statement and CertiFcation of ApplicanUOwner � Individually,or as die general parmer(s)or officers of the applicant entity(hereinafrer referred to as"Owner"),we are familiar with the provisions of the Tax Refom�Act of 1986 and subsequent revisions with respect to the Low Income Housing Tax Gedit(HTC),and to the best of our knowledge and belief, the applicant entiry has complied,or will comply widi all of the requirements which are prerequisite to issuance of the HTC by Minnesota Housing Finance Agency(Minnesota Housing). We understand that die HTC Program will be governed and controlled by rules and regulations issued by the Internal Revenue Service(IRS). We also understand that we must comply with the Minnesota Statutes 462A and Housing Tax Credit Program Procedural Manual and Allocation Plan of Minnesota Housing concerning Low-Income Housing Tax Credits. 1(We)hereby make applica[ion to Minneso[a Housing for allocation of HTC. The undersigned hereby acknowledges that the making of an allocation by Minnesota Housing does not warrant that the project is deemed qualified to receive such allocation. [(We)agree d�at neither Minnesota Housing nor any of its directors,officers,employees,and agents will not be held responsible or liable for any representations made to die undersigned or its investors relating to the HTC. I(We)assume the risk of all damages,losses,costs,and expenses related diereto and agree to indemnify and save harniless Minnesota Housing or a�ry of its directors,officers,employees,and agen[s against any and all claims,suits,losses,damages,costs,and expenses of any kind and of any na[ure that the Minnesota Housing may hereinafter suffer,incur,or pay arising out of its decision concerning the application for HTC or the use of the infomiation concerning the HTC Program. I(We)also understand and agree that Minnesota Housing has made no representations about the effect of the tax credit upon my(our)taxes or that of any other person connected with this project. I(we)understand and agree that (1)The infomiation requested on this application and any attachments hereto are being collected to detemiine eligibiliry of the project under Section 42. (2)Minnesota Housing may request additional inforniation in order to evaluate this application. (3)An applicant who fails to complete all infomiation requested will not be eligible for a reservation of HTC. (4)Certain provisions of Internal Revenue Code(IRC)Section 42 and regulations thereunder and Minnesota Statute Chapter 462A may change and as a result of said change may require the submission of additional documentation to Minnesota Housing. (5)Infom�ation requested in this application is public data which is accessible to die public pursuant to Mimiesota Statutes,Chapter 13. 1(We)hereby certify that the infomiation contained in this application is true,correct and complete. I(We)understand that any misrepresentations and/or fraudulent inforniation made in tl�is application may result in the tern�ination of HTC by Mi�mesota Housing and may bar me(us)and related parties from future program participation,and reporting of such misrepresentation and fraudulent infomiation to the IRS. SiQnature of General Partner by: of: its: Print name of sio iatory, Date The foregoing instrument was acknowledged before me this day of__ ,20 , by _,the _ _ — -- (name) (title) of a (Name of corporation) � Notary Public SiQnature of Nonprofit Partner(iT applicable) by: of: its: Print name of signatory, Date The foregoing instrument was acknowledged before me this day of__ _,20 , bY �the (name) _ _ (title)—��-- — of _ a . (Naine of corporation) � Notary Public Email the completed Minnesota Multifamily Renlal Housing Common Applicalion to MHFA at mhfa.app@state.mn.us. The MHFA will accept only one copy of the completed final Multifamily Application Form. Do not send incomplete or preliminary Application Forms. The Minnesota Mulfifamily Rental Housing Common Application that is emailed to the MHFA must be identical to ihe original signed Application Form submitted to the MHFA.. Minnesota Multifamily Rental Housing Common Application forms will not be accepted after 5:00 pm on ihe application submission tlate. MHFA Application Form RFP/HTC1 15 4/22/2010 4:28 PM