Form RD 3560-51 MFH Obligation Fund Analysis

USDA
Form RD 3560-51
(02-05)

FORM APPROVED
OMB NO. 0575-0189

MULTI FAMILY HOUSING
OBLIGATION – FUND ANALYSIS
PART I - ENTITY INFORMATION
1. BORROWER CASE NUMBER

2. PROJECT NUMBER

3. BORROWER NAME

4. PROJECT NAME

PART II LOAN/GRANT OBLIGATION
5. AMOUNT OF LOAN OBLIGATION
6. AMOUNT OF LOAN OBLIGATION

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7. ASSISTANCE CODE

8. PURPOSE CODE

9. LOAN NUMBER

10. MAXIMUM DEBT LIMIT

13. APPROVAL DATE

14. INITIAL/SUBSEQUENT
1 = INITIAL
2 = SUBSEQUENT

15. ENVIRONMENTAL ASSESS DATE

16. INTEREST RATE

17. LOAN TERM

18. AMORTIZATION PERIOD

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20. LOAN SECURITY CODE

11. APPRAISED VALUE

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12. APPRAISAL DATE

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21. PP1 CODE

22. BUILDING CODE

A. PROJECT COST AND CHARACTERISTICS SET
23. SITE ACREAGE
24. APPRAISED LAND-VALUE

25. CONTRIBUTED FUNDS

26. LEVERAGED FUNDS

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28. NUMBER OF BEDROOMS

19. NOTE ASSOCIATION CODE

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27. TOTAL COST OF PROJECT

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B. PROJECT BEDROOM SET
29. NUMBER OF UNITS
30. AVERAGE SQUARE FEET/UNIT

0
1
2
3
4
5

31. NUMBER OF UNITS BY
UNIT TYPE
FAMILY
ELDERLY
HANDICAPPED
CONGREGATE
GROUP HOMES

35. TOTAL UNITS

C. PROJECT BUILDING SET
32. NUMBER OF UNITS BY
33. SQUARE FEET LIVING
BUILDING TYPE
AREA BY BUILDING TYPE
SINGLE
DUPLEX
FOURPLEX
MIDRISE
ROWHOUSES
GARDEN APTS
OTHER TYPES
36. TOTAL SQUARE FEET
LIVING AREA

34. PROJECT RENTAL CODE
FA = Family
EL = Elderly
CG = Congregate
MX = Mixed

37. RELATED FACILITIES
SQUARE FEET

38. MISCELLANEOUS SQUARE FEET

39. TOTAL SQUARE FEET

According to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid
OMB control number. The valid OMB control number for this information collection is 0575-0189. The time required to complete this information collection is estimated to average 15
minutes per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the
collection of information.

Position 2

40.

COMMENTS AND REQUIREMENTS OF CERTIFYING OFFICIAL:
- Approval of financial assistance is subject to the terms of the Letter of Conditions dated _______________________.
- Security for this loan/grant is based upon property described in Deed of Trust/Mortgage as required by the Office of General
Counsel.
- The amount of the loan may decrease if other Governmnet assistance as defined in 7 CFR 3560 becomes available to the
applicant before loan closing.
- The Loan Term will not exceed 30 years for Multi-Family (MFH) or 33 years for Farm Labor Housing (FLH) or the remaining
economic life of the project, whichever is less. The loan installments will be calculated based on an Amortization Period of 50
years or the remaining economic life of the project, whichever is less.

41.

I HEREBY CERTIFY that I am unable to obtain sufficient credit elsewhere to finance my actual needs at reasonable rates and
terms, taking into consideration prevailing private ad cooperative rates and terms in or near my community for loans for similar
purposes and periods of time. I agree to use, subject to and in accordance with regulations applicable to the type of assistance
indicated above, and request payment of the sum specified herein. I agree to report to Rural Development any material adverse
changes, financial or otherwise, that occur prior to loan closing. I certify that no part of said sum has been received. I have
reviewed the loan approval requirements and comments associated with this loan request and agree to comply with these provisions.

WARNING:

Section 1001 of Title 18, United States Code provides: “Whoever, in any matter within the jurisdiction of the executive,
legislative, or judicial branch of the Government of the United States, knowingly and willfully:
(1) falsifies, conceals or covers up by any trick, scheme, or device a material fact;
(2) makes any materially false, fictitious or fraudulent statesment or representation; or
(3) makes or uses any false writing or document knowing the same to contain any materially false, fictitious
or fraudulent statement or entry;
shall be fined under this title or imprisoned not more than five years, or both.”

Date _____________________________ , 20 _____

__________________________________________________
(Signature of Applicant)

Date _____________________________ , 20 _____

__________________________________________________
(Signature of Applicant)

Date _____________________________ , 20 _____

__________________________________________________
(Signature of Applicant)

42.

I HEREBY CERTIFY that all of the committee and administrative determinations and certifications required by Rural Development
regulations prerequisite to providing assistance of the type indicated above have been made and that evidence thereof is in the
docket, and that all requirements of pertinent regulations have been complied with. I hereby approve the above-described assistance
in the amount set forth above, and by this document, subject to the availability of funds, the Government agrees to advance such
amount to the applicant for the purposes of and subject to conditions prescribed by Rural Development regulations applicable to
this type of assistance.
__________________________________________________
(Signature of Approving Official)

Date Approved: ___________________________
43.

Title: ______________________________________________

TO THE APPLICANT: As of this date ______________________________________ , this is notice that your application for
the above financial assistance from Rural Development has been approved, as indicated above, subject to availability of funds
and other conditions required by Rural Development. If you have any questions contact the Loan Originator.

MULTI FAMILY HOUSING
OBLIGATION – FUND ANALYSIS
PART III
OBLIGATION/DEOBLIGATION OF RENTAL ASSISTANCE
45. BORROWER NAME

44. CASE NUMBER

46. PROJECT NUMBER

47. RA AGREEMENT NUMBER

48. TYPE OF UNITS

49. TYPE OF ACTION

COMPLETE FOR OBLIGATION OF RA
50 NUMBER OF UNITS RECEIVE RENTAL ASSISTANCE
51. AMOUNT OF RA OBLIGATION

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52. NUMBER OF UNITS DEOBLIGATED

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COMPLETE FOR DEOBLIGATION OF RA
53. AMOUNT OF RA DEOBLIGATION

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54. REMARKS

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55. I HAVE REVIEWED THE BORROWER’S REQUEST FOR RENTAL ASSISTANCE FOR THE PROJECT AND REQUEST OBLIGATION OR
DEOBLIGATION OF RENTAL ASSISTANCE FOR THE ABOVE.

DATE OF APPROVAL ____________________________ , 20 _____

DATE OF OBLIGATION___________________________ , 20 _____

Position 2

_______________________________________________________
SIGNATURE OF APPROVAL OFFICIAL