Feasibility Review Workbook
- Exhibit 1 Refer to
the Instructions for examples of
completed Workbooks. Complete a
Workbook for each unit in the
project. Complete the Workbook
tabs Exhibits I-A, I-B, III, and
IV appropriate to the project
type.
Development Project Cost
Certification
Itemization and cost
certification for construction
and rehabilitation costs in
development projects. Do not use
this form on owner-occupied
rehabilitation or down payment
projects.
*Please refer to FHLB
Des Moines Income
Determination Guidelines
listed above or HUD’s HOME
Program Guidelines for help
in determining qualifying
income for a household. If
you need additional
assistance, please call the
Community Investment
Department at 800.544.3452,
ext. 1173.
Important:
FHLB Des Moines expresses no
opinion and makes no representation
as to the validity or enforceability
of these retention documents in your
state. Please consult your attorney
to ensure this document meets the
requirements for a deed restriction
or other legally enforceable
retention agreement or mechanism in
your state.
Calculation of Recapture of
AHP/RHF Funds
For recapture of subsidy used in
any AHP project or homeownership
set-aside project upon the sale
or refinance of a home (includes
RHF, UFT and NAHI).
