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MCL HOLDINGS, INC./MERITAGE HOMES
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MCL HOLDINGS, INC./MERITAGE HOMES
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Last modified
7/3/2025 11:25:29 AM
Creation date
6/10/2025 9:41:03 AM
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Contracts
Company Name
MCL HOLDINGS, INC./MERITAGE HOMES
Contract #
A-2025-050
Agency
Community Development
Council Approval Date
4/15/2025
Expiration Date
4/15/2080
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INCOME VERIFICATION FORM <br /> Assets ** -- <br /> List the Current Value of All Assets of All Household Members Diving in the Affordable Unit <br /> If the Asset generates income, that income must be specified In Park 2 above <br /> Other Adult <br /> Head of Household <br /> Household Members Total Value of <br /> Value Value Assets <br /> 1. Bank and Savings accounts $ $ $ <br /> 2. Stocks and bonds $ $ $ <br /> 3. Real property (i.e, rental property) $ $ $ <br /> 4. Other (describe) $ $ $ <br /> 'Total Asset Value <br /> **Note: Necessary items, such as furniture and automobiles, used for personal use are excluded from <br /> household assets. Collections of items for hobby, investment or business purposes must be included in <br /> household assets. If the total value of household assets exceeds $5,000, the calculation of the household's <br /> annual income shall include the greater of the actual amount of income, if any, derived from all of the <br /> household assets; or 10% of the total value of the assets. <br /> Page 67 <br /> Exhibit E <br /> 55394.00101%43423340.1 <br />
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