Absorption rate Operating deficit: $ (# beds per month): Number of months to cover shortfall: Break-even occupancy: % $ Borrower’s working capital: Special escrows (describe below): $ Minor movables: $ <<describe special escrows here>> Major movable Major movable equipment budget: $ amount per bed: $ $ Construction contract: Offsites $ Demolition $ Total construction costs: $ As reported on HUD-2328, Line 53 plus Offisites and Demolition Costs Construction contingency: $ $ Relocation escrow: Construction period: # of months: Architectural contract: $ Multiple AIA Agreements Operating Year Revenues SWB FTE’s Operations Base year $ $ – Operations Post construction $ $ – <<Definitions: Base year: Year before construction. Year: First year of stabilized occupancy after completion of construction. Example: Add the number of months to reach stabilized occupancy (as reported on the IOD spreadsheet tab) to the completion date. For a completion date of June 1, 2013 and 12 Exhibit” months to reach stabilized occupancy, enter 2014. As reported on the Exhibit in the Operations Section of the FTE’s: “Staffing Schedule”- application checklist. SWB (Salaries, Wages, Benefits): As reported on the “Staffing Schedule”- Exhibit in the Operations Section of the application checklist.>> Yes No Comments: Secondary Financing: (If yes, provide details.) A/R Financing: Master Lease: Waivers: (list, as applicable)
Operating deficit: $ Absorption rate (# beds per month): Number of months to cover shortfall: Break-even occupancy: % Borrower’s working capital: $ Special escrows (describe below): $ Minor movables: $ <<describe special escrows here>> Major movable equipment budget: $ Major movable amount per bed: $ Construction contract: $ Offsites $ Demolition $ Total construction costs: As reported on HUD-2328, Line 53 plus Offisites and Demolition Costs $ Construction contingency: $ Relocation escrow: $ Construction period: # of months: Architectural contract: $ Multiple AIA Agreements Year FTE’s Operating Revenues SWB Operations – Base year $ $ Operations – Post construction $ $ <<Definitions: Base year: Year before construction. Year: First year of stabilized occupancy after completion of construction. Example: Add the number of months to reach stabilized occupancy (as reported on the IOD spreadsheet Exhibit” tab) to the completion date. For a completion date of June 1, 2013 and 12 months to reach stabilized occupancy, enter 2014. FTE’s: As reported on the “Staffing Schedule”- Exhibit in the Operations Section of the application checklist. SWB (Salaries, Wages, Benefits): As reported on the “Staffing Schedule”- Exhibit in the Operations Section of the application checklist.>> Yes No Comments: Secondary Financing: (If yes, provide details.) A/R Financing: Master Lease: Waivers: (list, as applicable)
9008_LN-BLENDED-SINGLE-4C.DOCX