AHP Project Modification Requests: Instructions
Sponsors/owners and members must complete the
Award Modification Form if requesting modifications to the original terms approved in the AHP award, as outlined in Exhibit A: Project Evaluation Form (PEF), of the project’s original Direct Subsidy Agreement.
Section I: Basic Information Modifications
Complete this section of the Award Modification Form if there is a change to basic project information including project name, location, sponsor, or member. Provide an explanation of the request. If a proposed change impacts a project’s scoring element, complete Section II.
All sponsoring parties must sign the Award Modification Form in cases of a sponsorship change. A new
Owner-occupied AHP Direct Subsidy Agreement or
Rental AHP Direct Subsidy Agreement must also be executed and submitted by the assuming member and sponsor.
Section II: Scoring Element Modifications
Complete this section of the Award Modification Form if the project requires a change to any scoring elements committed to by the
project sponsor or member at the time of the AHP award. These include changes to project features such as income targeting, number of units, unit reservations for homeless, empowering services, or special needs populations.
Please note that changes to one scoring element may impact another scoring element.
Please submit all modification requests to:
Manny Ungson
Community Investment Manager
Federal Home Loan Bank of San Francisco
600 California Street, Suite 300
San Francisco, CA 94108
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