DFD Application Process Coordination with PADD to determine - PowerPoint PPT Presentation

Feb 03, 2024 •211 likes •311 views

GOVERNMENT OF THE DISTRICT OF COLUMBIA Department of Housing and Community Development Development Finance Division June 22, 2016 DFD Application Process Coordination with PADD to determine appropriate financing Thorough underwriting

GOVERNMENT OF THE DISTRICT OF COLUMBIA Department of Housing and Community Development Development Finance Division June 22, 2016 DFD Application Process • Coordination with PADD to determine appropriate financing • Thorough underwriting before decisions • Improved lending and processing outcomes • Applications are submitted online 1
GOVERNMENT OF THE DISTRICT OF COLUMBIA Department of Housing and Community Development Development Finance Division DFD Review 1. Threshold Eligibility Requirements 2. Underwriting Scoring 3. Prioritization Scoring 4. Recommendations to PADD 2
DFD Process Project Selection
DFD Process Project Selection 90 days Underwriting
DFD Process Conditional Project Commitment Selection 90 days Underwriting
DFD Process Conditional Project Commitment Selection 90 days 90-120 days Underwriting Pre-Closing Due Diligence
DFD Process Conditional Project Loan Commitment Selection Closing 90 days 90-120 days Underwriting Pre-Closing Due Diligence
DFD Process Conditional Project Loan Commitment Selection Closing 90 days 90-120 days Underwriting Pre-Closing Due Diligence
Department of Housing and Community Development Development Finance Division SFO Homepage 9

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