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Exhibit J: INVESTMENT BASIS <br /> <br />The Investment Basis represents the amount of equity that the Lessee has invested in the <br />leasehold estate. It is calculated subtracting the total amount of the Lessee’s subsidies and grants <br />from the sales price. <br /> <br /> Lessee’s Investment Basis <br /> <br /> Amount Purpose / Source <br /> <br />List Price _________________ Sales Price of Home <br /> <br />Minus _________________ Amount of NCHFA Loan <br /> <br />Minus _________________ Amount of FHLB Loan <br /> <br />Minus _________________ Amount of CHT Funding Provided <br /> <br />Minus _________________ other subsidy or grant to Lessee <br /> <br /> <br />Equals _________________ Lessee’s Investment Basis <br /> <br /> <br />Lessee’s signature: _______________________________ Date: _______________ <br /> <br />Lessee’s signature: _______________________________ Date: _______________ <br /> <br />Home Trust Representative: ________________________ Date: _______________ <br /> <br />Please note: If homeowner has owned the home more than 30 years at the time of sale, the <br />amount of NCHFA funds provided to the homeowner for purchase should be ADDED BACK to <br />the investment basis prior to calculating earned appreciation. This step is consistent with the <br />conversion of the NCHFA funds to a monthly note payable after 30 years of homeownership <br />according to current NCHFA guidelines. <br /> <br />DocuSign Envelope ID: 1C608BEC-B713-4BE4-9E53-CD92D598627F