Gap Financing Loan Agreement Sample Contracts

CDBG-DR 2020 PIGGYBACK PRIME PROGRAM GAP FINANCING LOAN AGREEMENT
Gap Financing Loan Agreement • January 31st, 2020 • Louisiana

THIS GAP FINANCING LOAN AGREEMENT (this “Agreement”) is entered into on the [ ] day of [ ], 2020, (the “Effective Date”) by and between the LOUISIANA HOUSING CORPORATION (“LHC”), whose address is 2415 Quail Drive, Baton Rouge, Louisiana 70808; and [ ], a Louisiana [limited partnership/limited liability company], (the “Borrower”), whose address is [ ].

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About this Tool
Gap Financing Loan Agreement • January 14th, 2021

This component of the Multifamily Rental Toolkit is intended for grantees and their partners developing a loan agreement for a project that will receive funding during construction. This sample document provides a framework for a gap financing loan agreement between the grantee and borrower. This document is provided as a template for use by NSP grantees. This is a sophisticated document designed for use in multifamily rental projects that may utilize multiple sources of funding.

CDBG PIGGYBACK PROGRAM GAP FINANCING LOAN AGREEMENT
Gap Financing Loan Agreement • January 10th, 2007 • Louisiana

DEVELOPMENT, its successors and assigns (“OCD”), whose address is , Baton Rouge, Louisiana ; and , a , (the “Borrower”), whose address is , , Louisiana

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