Underwriting Consulting Services

The vendor required to provide underwriting consulting services for include:
•    Evaluating developer experience and capacity. 
•    Financial review of the sources and uses, operating proformas, and financial statements. 
•    Structuring deals with available public sector economic development programs. 
•    Review of appraisals, cost assumptions, capital budgets, operating statements, marketing data and other funding commitments. 
•    Advising on tax credit equity sources, requirements, and structuring. 
•    Identifying other funding sources for the range of commercial, industrial, and residential real estate and business credit deals. 
•    Determining the need for client funding of the project, utilizing the underwriting documentation set forth in the checklist for financial underwriting attached hereto. 
•    For home-funded activities, grow America will conduct subsidy layering analysis as required by department, and follow department notice 15-11 - requirements for the development and implementation of home underwriting and subsidy layering guidelines. 
•    Provide underwriting training for county staff. 
•    Provide underwriting reports to county staff post review.