Permanent Loan Guarantee Program (LGP)

The Loan Guarantee Program (LGP) is intended to enhance the borrowing-ability of affordable housing developers by reducing the risk for lenders by guaranteeing a portion of the loan being used for the construction, development, acquisition, or rehabilitation of housing for persons with moderate, low, or very low income.


*In order to receive access to the application materials for the Permanent Loan Program you must complete this form first*

Applicant Details

Entity Type:*

Only Eligible Organizations as defined in the Permanent Loan Guarantee Program Manual are eligible to apply for funding.

The Manual can be found here.

Phone
Phone

Lender Details

Lender Type:*
Phone

Project Concept

(Map/Tax lot # if no known address)

Please check all AMIs to be included in the project.

Does the project have any current or existing affordability restrictions?*
All housing developed using LGP resources, whether the guarantee is actually activated or not, shall be preserved at the initially agreed upon affordability restrictions for a minimum of ten (10) years.*

Financial Strategy

Please provide your best estimate as to the amount of funds you require.

Are there specific OHCS funding resources you are currently considering for the Project?*

Pathway

A series of potential pathways will help guide the terms of the guaranteed amount. Indicate which pathway you are applying for:*

Additional Items:

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