<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".14" citation="COMAR 05.04.13.14" title_num="05" subtitle_num="04" chapter_num="13" heading="Application Procedures.">
  <paragraph num="A.">
    <text>Housing Programs Application. If the applicant is also applying for funding through a housing program described in Regulation .03B of this chapter, the applicant shall supply the information and supporting documentation specified on the application form for the housing program.</text>
  </paragraph>
  <paragraph num="B.">
    <text>Application for Program Funding Only.</text>
    <paragraph num="(1)">
      <text>Application Procedures in General. Applicants for Program financing in amounts less than $100,000 may apply through local administrators in accordance with procedures established by the Program. All applicants may also apply directly to the Department through the Special Loan Programs, unless an alternative procedure has been approved on a case-by-case basis.</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Application Forms. All loan and grant applications shall be made on standard forms described by the Department.</text>
    </paragraph>
    <paragraph num="(3)">
      <text>Documentation.</text>
      <paragraph num="(a)">
        <text>The applicant shall submit with the application any documentation that the Department requires.</text>
      </paragraph>
      <paragraph num="(b)">
        <text>The applicant shall submit supporting documentation specified in the checklist attached to the application, including but not limited to the following:</text>
        <paragraph num="(i)">
          <text>A copy of the deed to the property;</text>
        </paragraph>
        <paragraph num="(ii)">
          <text>A copy of all existing mortgages or mortgage verification requests, on the form approved by the Department, signed by the applicant for each mortgage secured by the building in need of abatement or verification of income, as required by the Department;</text>
        </paragraph>
        <paragraph num="(iii)">
          <text>A copy of the first page and declarations page of all policies for fire and extended coverage insurance and, if applicable, flood insurance;</text>
        </paragraph>
        <paragraph num="(iv)">
          <text>A copy of the most recent paid real estate tax bill which sets forth the current assessed value of the building and the property;</text>
        </paragraph>
        <paragraph num="(v)">
          <text>Evidence of a lead-based paint hazard in each project building;</text>
        </paragraph>
        <paragraph num="(vi)">
          <text>Contractor's proposal outlining proposed cost and proposed lead hazard reduction activity in accordance with MDE regulations, if available;</text>
        </paragraph>
        <paragraph num="(vii)">
          <text>Results of any environmental testing for the presence of lead, and biological testing of occupants for blood lead content;</text>
        </paragraph>
        <paragraph num="(viii)">
          <text>Relocation plan for tenants that complies with the federal Uniform Relocation Act; and</text>
        </paragraph>
        <paragraph num="(ix)">
          <text>Hazardous waste disposal plan, if applicable.</text>
        </paragraph>
      </paragraph>
    </paragraph>
    <paragraph num="(4)">
      <text>The loan applicant shall submit the following additional documentation:</text>
      <paragraph num="(a)">
        <text>Any documentation required by the Department to establish the eligibility and credit worthiness of the applicant;</text>
      </paragraph>
      <paragraph num="(b)">
        <text>For the 3 years immediately preceding the application:</text>
        <paragraph num="(i)">
          <text>Copies of federal income tax returns, or</text>
        </paragraph>
        <paragraph num="(ii)">
          <text>Sufficient documentation to verify income as determined by the Program;</text>
        </paragraph>
      </paragraph>
      <paragraph num="(c)">
        <text>If applicable, certified copies of the organizational documents of the owner-landlord and a certificate of good standing;</text>
      </paragraph>
      <paragraph num="(d)">
        <text>Certified financial statements of the applicant and, if applicable, certified financial statements of its principals;</text>
      </paragraph>
      <paragraph num="(e)">
        <text>3 years of operating statements for the project;</text>
      </paragraph>
      <paragraph num="(f)">
        <text>If applicable, resolutions of the board of directors or consents of all of the partners authorizing the application;</text>
      </paragraph>
      <paragraph num="(g)">
        <text>Photographs of the building and site;</text>
      </paragraph>
      <paragraph num="(h)">
        <text>Evidence of subdivision and zoning compliance.</text>
      </paragraph>
    </paragraph>
  </paragraph>
</regulation>