Attn: All Developers, Send Your Development Funding Needs to HCD Immediately!

They have asked for our assistance in collecting information regarding anticipated dates by which funds will be needed to close or proceed with the next stage of development.

The department is currently looking at a 12-month time horizon starting in March 2009.

PLEASE TAKE A MOMENT NOW TO:

Fill in the matrix ( link to word document or Adobe pdf document ), listing the amount of money you anticipate needing under the month during which you will need it. (For example, if you need $2 million in March, enter $2m in the March box.)

DEADLINE!

Email your matrix to Chris Westlake(cwestlake@hcd.ca.gov) as soon as possible, but no later than 5:00 pm, Tuesday, February 24, 2009, using the Subject Line "PMIB Projects."

Thank you for your help in gathering this important information. SCANPH and Housing California will continue to bring you updates as this situation changes.