August 28, 2018

One of Florida’s Best Programs for Nonprofits: The Pre-Development Loan Program 09am  -  10:15am One of Florida’s Best Programs for Nonprofits: The Pre-Development Loan Program

One of Florida’s Best Programs for Nonprofits: The Pre-Development Loan Program

Add to Calendar 2018-08-28 09:00:00 2018-08-28 10:15:00 America/New_York One of Florida’s Best Programs for Nonprofits: The Pre-Development Loan Program One of Florida’s Best Programs for Nonprofits: The Pre-Development Loan Program info@flhousing.org

The Predevelopment Loan Program can be an essential first step in giving an idea the structure needed for creating the development plan, securing a co-developer and going through the due diligence process.  Its low interest rate and flexible repayment term can get a project designed and permitted.  PLP can make the difference between mobilizing to move forward or perhaps take another route.  That’s because PLP applicants have technical assistance provided by the Florida Housing Coalition to help nonprofits with building capacity to apply for construction and permanent financing that will carry the project forward to completion.  In this session learn how to qualify for a PLP loan and how to apply.  Hear from a developer’s point of view the value a PLP can be securing land, permits and a solid position to compete for development financing.  In this session, you will hear from the program administrator at Florida Housing Finance Corporation, a Technical Assistance Provider from the Florida Housing Coalition and a developer who has been successful in getting a project started.  Topics will cover the application process, how the funds are used and lessons learned in using this flexible and vital program.

Moderator: Ben Johnson
Speakers: Gladys Cook, Rob Dearduff, Shawn Wilson

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