How to Apply

Please submit a Financing Package to the Catalytic Fund containing the following information for review and underwriting:

  1. EXECUTIVE SUMMARY 
    • A 1-2 page summary of the elements of the financing request as detailed below
  2. PROJECT DESCRIPTION:
    • Location – location map, aerial, and parcel map
    • Site description – parcel size, current zoning, access, visibility, adjacent uses
    • Project description – use, square footage, parking, physical description, i.e., building height, materials, amenities, timing
  3. MARKET ANALYSIS:
    • Current demand and supply conditions
    • Market support and comparables for income, expense, vacancy, and absorption assumptions
  4. FINANCIAL DATA:
    • Development budget
    • Development cost cash flow projection
    • Absorption schedule
    • Income and expense projections
    • Schedule of anticipated sources of funds (developers equity, primary loan, Catalytic Fund financing, tax credits, etc.)
  5. DEVELOPER INFORMATION:
    • Project team (architect, developer, property manger, general contractor)
    • Developer profile and qualifications including portfolio of previous projects
    • Lending references
    • Developer/guarantor financial statements
    • Schedule of debt on other projects (project name, loan amount, lender, loan amount, loan expiration date, interest rate, recourse/non recourse