Get Sponsor Application - Dhcd Maryland

Filling out the Sponsor Application for the Maryland Department of Housing and Community Development can seem daunting, but this guide will help you navigate the process with ease. We will provide clear and supportive instructions for each section of the application to ensure you complete it correctly online.

Follow the steps to complete your application efficiently.

1. Click the ‘Get Form’ button to obtain the Sponsor Application and access it in your preferred editor.
2. Begin by filling in the 'Name of Sponsor' and 'Address' fields with your details. Ensure accuracy, as these will identify your application.
3. Provide your 'Contact Person' information, including their telephone number and email address, to maintain communication throughout the application process.
4. Enter the 'SSN or Fed ID' and fax number in the respective fields, ensuring you provide an accurate identifier associated with your organization.
5. Complete the 'Project' section by filling in the 'Project Name', 'County', 'Address', 'City', 'Zipcode', 'Census Tract', 'Congressional District', and 'Legislative District' with information pertaining to your project.
6. In the 'Building Control and Use' section, indicate the document type (Contract of Sale, Deed, Purchase Option, etc.) and confirm whether the property is properly zoned for the proposed use.
7. Specify the 'Type and Age of Building' category applicable to your project by marking the appropriate boxes and detailing the number of buildings, floors, total square footage, and year of construction.
8. Detail the number and type of residential and nonresidential units, including bedroom counts, current and proposed rents, as well as any occupied units.
9. Complete the 'Other Funding Sources' section to list any additional funding sources and their respective amounts.
10. Input existing mortgage details in the 'Existing Mortgages' section, including the mortgagee address, amount, balance, term, rate, monthly payment, and maturity date.
11. For 'Rehabilitation', provide a brief description of the planned work scope and the estimated cost.
12. Fill out the 'Estimated Development Costs' section detailing acquisition, rehabilitation/construction costs, fees, and charges.
13. Complete the 'Income Expense Proforma After Rehabilitation', detailing expected income and expenses for the first year.
14. List your development team members, including their contact details in the relevant sections.
15. Review and sign the certifications, ensuring all provided information is accurate before submission.
16. Finally, save your changes, download, print, or share your completed application as necessary.

Begin filling out your Sponsor Application online today to take the next step in your housing project.