Pre-Approval Process

MMF uses a two step selection and approval process in order to gather enough infomration on a Project to give the Investment Committee enough information to determine whether to invite you to complete the full application. The full application requires a lot of work. When you are asked to complete the full application, you know that MMF likes the project and if you can complete the full application to MMF's requirements MMF will be seriously considering it for funding.

The Pre-Approval process requires reading and filling out the Pre-Application Package. Please choose one of the following file formats. Choose PDF to use Adobe Acrobat to print the document. Choose WORD format for a Microsoft Word file that can be printed and/or filled out using a word processor.

Pre-Application Package (Rev 8) - PDF File

Pre-Application Package (Rev 8) - MS WORD File

We have also added a description of the New Market Tax Credit structure for a typical leveraged financing and for financing a project with historic tax credits. Both descriptions will permit you to structure your Sources and Uses Statement and your Pro Forma Statements to include the estimated value of the tax credit and to include its related costs. The specific numbers may change as the market continually reprices the value of the new market tax credit. Include the Eligible Low Income Community Criteria with the Prepapplication. If you can't complete it, fill in what you know and we will complete it.

13342 Sherwood Drive, Huntington Woods, MI 48070 313 445-1843, fax-432 204-1431
e-mail address bogdanaa@mmf1.org

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Pre-Approval Process