13 State Street LLC 2026

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The document is a commitment letter from the Housing Trust Fund Corporation (HTFC) to 13 State Street LLC, approving a loan of $6,325,000 under the Community Development Block Grant Disaster Recovery (CDBG-DR) program for the rehabilitation of the former Schenectady YMCA into affordable housing. The letter outlines the terms and conditions of the loan, including compliance requirements with federal and state regulations, project financing details, and expectations for minority and women-owned business participation. It emphasizes that acceptance of the offer is contingent upon meeting specified milestones and conditions set forth in attached exhibits.

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Click ‘Get Form’ to open the 13 State Street LLC document in the editor.
Begin by reviewing the header section, which includes essential information such as the project name and address. Ensure that all details are accurate.
Fill in the Loan Awardee section with '13 State Street LLC' and confirm the Project ID number is correctly noted as N/A.
Proceed to Exhibit sections, starting with Exhibit 1. Provide detailed descriptions of the project and owner, ensuring compliance with all specified requirements.
Continue through each exhibit, filling out necessary fields regarding income groups served, project financing, and operating economics. Pay close attention to any conditions outlined in each section.
Once all sections are completed, review your entries for accuracy. Use our platform's tools to highlight any areas that may need further attention or clarification.
Finally, save your changes and utilize the signing feature to execute the document electronically before submitting it as required.

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