Fillable Form 1: Year 15 Status Report (New Jersey Housing and Mortgage Finance Agency)

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Form 1: Year 15 Status Report (New Jersey Housing and Mortgage Finance Agency)

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Year 15 Status Report
Revised 11/8/2018 - NJHMFA
LITC#: _____________
Project Name: _________________________________________________
1
st
year of credit period: _______________
Please be advised that the 15 year compliance period for the above-referenced project ends on
_______________________. At the end of the compliance period, I plan to do the following:
____ I intend to keep the property affordable
____ I intend to sell the property to a buyer who will keep it affordable.
Buyer’s name (if known) ______________________________________.
_____ I intend to convert the property to market rate housing.
_____ I intend to the sell the property to a buyer who will convert the property to
market rate housing. Buyer’s name (if known) _____________________.
_____ I would like to keep the property affordable and learn more about programs
available for the preservation of affordable housing. Please visit our website at
https://njhousing.gov/dca/hmfa/developers/credits/
_____ I have not yet decided.
_____ Other: ____________________________________________________
____________________________________________________
____________________________________________________
_____________________________ ____________________________
(Ownership Entity) (Signature)
_________________________ ____________________________
(Date) (Title)
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Form 1: Year 15 Status Report (New Jersey Housing and Mortgage Finance Agency)

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Completed 15 August 2020

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