Bond Guarantee Program

U.S. Department of Treasury

CDFI Bond Guarantee Program

Secondary Loan Requirements Certification

Name and Address of Qualified Issuer:           	     
	Loan Number:           
Name and Address of Eligible CDFI:                                                                                                                                                                                                             	Name and Address of Secondary Borrower:                                                                                                                                                                                                             
Name and Address of Project:                                                                                                                                                                                                             	Asset Class (check one): CDFI-to-CDFI CDFI to Financing Entity (other than a Certified CDFI) Charter Schools Commercial Real Estate Daycare Centers Healthcare Facilities Rental Housing Rural Infrastructure Owner-occupied homes Licensed Senior Living and Long-Term Care Facilities Small Business (for-profit) Not-For-Profit Organizations
Project Description:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              

Certification of Secondary Loan Requirements:

I, [INSERT NAME OF AUTHORIZED REPRESENTATIVE], do hereby certify that I am the duly appointed [INSERT TITLE OF AUTHORIZED REPRESENTATIVE] of [INSERT NAME OF ELIGIBLE CDFI] (the Eligible CDFI). As the Authorized Representative of the Eligible CDFI, I do hereby certify:

1. The proposed Secondary Loan to [INSERT NAME OF SECONDARY BORROWER] (the Proposed Secondary Loan) is for the purpose of [financing/refinancing] [INSERT PROJECT NAME] (the Project).

2. Loan #_________:

Is for an Eligible Purpose as such term is defined in the CDFI Bond Guarantee Program regulations (12 CFR 1808) and in the Bond Loan Agreement, dated           , 20     , between the Qualified Issuer (as lender) and the Eligible CDFI (as borrower).

Has received credit approval from Eligible CDFI’s credit committee (or equivalent). Evidence of approval is attached hereto.

Has received such approval pursuant to the loan policies and procedures reviewed and approved by the CDFI Fund for purposes of the CDFI Bond Guarantee Program.

Will satisfy all conditions of said credit committee approval upon closing.

Secondary Borrower has not experienced any material events that may adversely affect the credit quality of this loan.

Upon closing, will be secured by senior lien on pledged collateral or Principal Loss Collateral provision as required by the CDFI Bond Guarantee Program.

Satisfies in form and substance to the applicable Secondary Loan Requirements.

3. The Proposed Secondary Loan will close in a commercially reasonable time but in all cases within CDFI Bond Guarantee Program parameters.

By signing this Certification on behalf of the Eligible CDFI, I certify that the statements herein are true, complete and accurate to the best of my knowledge. I am aware that any false, fictitious, or fraudulent statements or claims may subject me to criminal, civil, or administrative penalties (U.S. Code, Title 218, Section 1001).

Name and Title:

Signature:

Date:

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