A capital needs assessment (CNA) is a written report that identifies repair, replacement, and improvement needs of a property over an extended period of time to make the property financially self-sufficient. A CNA is needed for new construction loans, rehabilitation loans, transferring project ownership, and loan servicing including reamortization and write-downs. The CNA can also be used for multi-family housing preservation and revitalization programs.
2. What is a CNA? A written report which identifies the repair, replacement, and improvement needs of a property over an extended period of time. Intention/Goal is to make the property financially “self sufficient”, to support itself.
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4. Why Do You Need a CNA? 1. New Construction Loans 2. Rehabilitation Loans 3. Transfer of project ownership 4. Loan Servicing: a. Loan Reamortization. b. Loan Write-down. 5. MultiFamily Housing Preservation and Revitalization program (MPR)
5. Contact Lisa Crandall with any questions: Email Address- lcrandall@crandalleng.comPhone Number – 765.677.0996 www.capneedsassessment.com
Notes de l'éditeur
Crandall Engineering is an Indiana Engineering Firm that specializes in providing Capital Needs Assessments. You can read more about our services on our website capneedsassessment.com Let me tell you just a little more about our CAN Service
A written report which identifies the repair, replacement, and improvement needs of a property over an extended period of time.Intention/Goal is to make the property financially “self sufficient”, to support itself.
Here is a map of the United States with all of the multi housing property locations that are governed by the USDA Rural Development Department. These are the properties who are often required to have a Capital Needs Assessment. So why would you need a CNA?
According to the USDA Department of Rural Development there are 5 reasons why you might need a CNA. 1. New Construction Loans2. Rehabilitation Loans3. Transfer of project ownership4. Loan Servicing: a. Loan Reamortization. b. Loan Write-down.5. MultiFamily Housing Preservation and Revitalization program (MPR)
If you are looking for a CNA provider then look no further than Crandall Engineering. We are the experts in CNAs. Email us, give us a call, or simply visit our website at capneedsassessment.com and make sure to download our free CNA example so you can get a better understanding of our work.