Can a property management agent receive points as a non-profit sponsor even if they will not purchase the project until all funding sources have been procured?
• • To qualify for points under the Sponsorship category, the sponsor must submit appropriate evidence that they satisfy the definition of a government entity or not-for-profit corporation (see AHP/APP-106 and 107) as well as site control as of the date of the AHP application. For projects that are utilizing low-income housing tax credits, the primary sponsor must satisfy the definition of a government entity or not-for-profit corporation and have an ownership interest in the partnership structure (also see AHP/APP-106 and 107) in order to qualify for points in this category.
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- Can I only view or purchase a Foreclosed home through the agent that has the property listed?
