nondiscrimination and affirmative action
The federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin,
sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from
any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency
that administers compliance with this law concerning this creditor is the Federal Trade Commission, Equal Credit Opportunity, Washington, D.C. 80580.
With respect to its programs, services, activities, and employment practices, Colorado Housing and Finance Authority does not discriminate on the basis
of race, color, religion, sex, age, national origin, disability, or any other protected classification under federal, state, or local law. Requests for reasonable
accommodation, the provision of auxiliary aids, or any complaints alleging violation of this nondiscrimination policy should be directed to the Nondiscrimination
Coordinator, 1.800.877.2432, TDD/TTY 303.297.7305, CHFA 1981 Blake Street, Denver CO 80202-1272, available weekdays 8:00am to 5:00pm.
authorization/certification
As a political subdivision of the State of Colorado working to create opportunities for a better Colorado, Colorado Housing and Finance Authority (CHFA)
reserves the right to publicize financing under its Business Finance Division. If provided a loan or other financing through one of CHFA’s Commercial
programs, the borrower or sponsor authorizes the use of the development, owner, sponsor, and/or business name in the marketing of this program.
The applicant authorizes any insurance agent or company to provide copies of policies of insurance with respect to the Project, borrowers or guarantors,
including without limitation copies of any life insurance policies.
I/we certify that at least 51% of the outstanding interest in the business is owned by those who are either citizens of the United States or reside in the United
States after being legally admitted for permanent residence. I/we also guarantee the above and enclosed information to be true and correct. I/we also
understand that intentional misrepresentation of facts may be the basis for a denial of credit. I/we authorize you to check my/our personal and company
credit information.
As a political subdivision of the State of Colorado, CHFA is subject to the Colorado Open Records Act (CORA) C.R.S. §§ 24-72-201, et seq., which requires
CHFA to permit inspection and copying of certain public records. Applicants should be aware that documents submitted to CHFA pursuant to this loan
application may be subject to inspection by the public. If an Applicant believes that certain information included in the loan application is subject to
exclusion under CORA, the Applicant should specifically delineate such information and state the specific exclusion. CHFA shall consider such statements in
its response to requests for inspection under CORA. CHFA will notify the Applicant if a request is made for such information so that the Applicant may take
any action it deems necessary to defend against the request. The Applicant, not CHFA, shall be the entity responsible for defending against CORA disclosures
for any records.
important information
Important information about procedures for opening a new account: To help the government fight the funding of terrorism and money laundering
activities, Federal law requires financial institutions to obtain, verify, and record information that identifies each person who opens an account. When you
apply for an SBA 504 loan, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see
your driver’s license or other identifying documents.
The following uses and activities shall not be conducted in or on the Project: Activities which are illegal under federal, state, or local laws; selling,
producing, or displaying sexually oriented material (e.g., adult book stores, adult video stores, adult theaters, etc); non-medical massage services; a business
generating greater than twenty-five percent (25%) of its revenues from the sale of alcoholic beverages not manufactured on-site or from selling alcoholic
beverages for consumption off premises; a business or organization that discriminates in its membership or facility usage on the basis of race, color, national
origin, religion, gender, age, disability, citizenship status, marital status, sexual orientation, or any other status protected by law; gambling activities (not
including sale of state sanctioned lottery tickets); selling or dispensing products illegal under federal, state or local laws; religious services, instruction of
overtly sectarian activities; pawn brokering; making “payday” or short term loans by an entity that is not a bank, credit union, savings and loan or other
banking institution; and escort services.
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