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Contact:
Keiva Dennis
Director, NHTCDF
202-333-8931 x126
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Home > Lending > Predevelopment and Interim > Predevelopment Acceptable Uses
Acceptable Uses for Predevelopment Funds
The following activities and associated costs are eligible predevelopment expenses:
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Earnest Money Deposit
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Purchase Deposit
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Architect/Engineer Services
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Environmental Consultants
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Finance and Development Consultants
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Tax Credit Consultants
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Finance Related Fees (e.g. tax credit reservation fees; loan origination fees)
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Market Studies
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Project-related sponsor overhead
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Other similar costs approved by the NHTCDF Board of Directors
The National Housing Trust Community Development Fund reserves the absolute right to determine the eligibility and reasonableness of any specific fee or expense.
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Applying for a Predevelopment Loan:
Interested borrowers can complete the Inquiry Form below to find out if you are eligible for support from NHTCDF, or complete the full application.
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