Get HMFA Form 10 Proforma Instruction Sheet - State Of New Jersey
For eligible costs. Ineligible costs may be funded with the sponsor s equity contribution. e) Environmental Clearances: Estimated cost of obtaining all applicable permits and clearances from local, state and Federal environmental authorities. f) Surety & Bonding: Premium for obtaining 100% payment and performance bonds when using HMFA construction financing. A warranty or maintenance bond may be used when using HMFA permanent financing only. Alternatively, a letter of credit equal to 10% of t.
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