Apply as A Developer
Offtake Guarantee Support
The Fund will provide offtake guarantees to Qualified Developers as a credit enhancement, enabling Qualified Developers to secure financing from construction lenders by mitigating offtake risk. The Offtake Guarantee is a legally binding agreement that assures a Qualified Developer that unsold housing units from an approved housing project will be purchased at a predetermined price subject to terms and conditions.
Eligibility Criteria
- Land bank and net asset value requirements.
- They must demonstrate the ability to raise project financing.
- A proven track record of completed projects is required.
Application Process
Developers can apply by presenting the following:
- Project proposals, and
- Financial plans, showing how they meet the eligibility criteria.