Conversion Hub · Conversion Briefing
Five questions before conversion
Millwork Lofts · 9% LIHTC · construction-to-permanent · Durham, NC. Not a verdict on the best program — a record of what is on the book, what remains unresolved before conversion, and what alternatives are documented.
1
How does the available evidence compare?
1 of 8 identified conditions appear consistent with the evidence on file. 3 remain pending written confirmation. Capital-party and counsel confirmation still governs.
2
How does the program compare to requirements and alternatives?
4 potential variances are open — property deductible, named-storm deductible, flood structure, and builder's-risk soft costs. None have been accepted or declined in writing.
3
What premiums and deductibles are recorded on the book?
A side-by-side of the exhibits sits on Conversion Hub. On this sample, the $25K AOP deductible and the 2% named-storm ask are recorded as open items for licensed advisors.
4
What alternatives are documented?
2 exception packages are on the file as documented alternatives. AOP deductible alternatives recorded for licensed advisors to review. Named-storm market documentation, flood structure after SFHA determination, and a soft-cost / delay schedule are also recorded — not recommendations to buy or cancel.
5
What remains unresolved before conversion?
Open items on this sample: flood determination still pending, deductible exception not accepted in writing, mortgagee and investor AI endorsements incomplete, and the construction-to-permanent calendar not locked before occupancy consent. These are unresolved items, not a directed action list.