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09-04-2018, 11:03 AM #1
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- Join Date
- Aug 2018
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Humanitarian Program? Need help please
PARTICULARS REGARDING THE HUMANITARIAN PROGRAM
This is a request for you to serve as the Project Sponsor for a large seniors & veterans
housing development that has been accepted and approved for a Humanitarian Forgivable Loan
for an amount up to $425 million. In summary, as the Project Sponsor there are several
advantages:
• The Project Sponsor will oversee (without being responsible) the disbursement of the entire loan
amount.
• The Project Sponsor shall have the financial ability, and financial strength to cause the issuance
of the Bank Instrument (Bank Guarantee or SBLC) equal to the loan amount ($150m+).
• The Project Sponsor’s compensation will be an above-the-market cash fee, amounting to
approximately 120% of the loan amount after one year and one month.
• The Project Sponsor will be the recipient of the goodwill that will be associated with the
humanitarian aspects of the development.
Need help???? what do i do with this
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