Common use of Affordable Housing Declaration Clause in Contracts

Affordable Housing Declaration. The TIF District will cease to qualify as a housing tax increment financing district and the TIF Note will terminate if the Project ceases to be operated as an affordable rental housing development, as required by and described in the Development Agreement defined below.

Appears in 1 contract

Samples: Contract for Private Development

AutoNDA by SimpleDocs

Affordable Housing Declaration. The TIF District will cease to qualify as a housing tax increment financing district and the TIF Note will terminate if the Project ceases to be operated as an affordable rental housing development, as in accordance with the Declaration required by and described defined in the Development TIF Assistance Agreement defined below.

Appears in 1 contract

Samples: Assistance Agreement

Affordable Housing Declaration. The TIF District will cease to qualify as a housing tax increment financing district and the TIF Note will terminate if the Project ceases to be operated as an affordable rental housing development, as in accordance with the Declaration required by and described defined in the Development TIF Assistance Agreement defined below.in the attached Note. Exhibit 2 to Taxable TIF Note ACKNOWLEDGMENT REGARDING TIF NOTE‌ The undersigned, a (“Note Holder”), hereby certifies and acknowledges that:

Appears in 1 contract

Samples: Assistance Agreement

Affordable Housing Declaration. The TIF District will cease to qualify as a housing tax increment financing district and the TIF Note will terminate if the Project ceases to be operated as an affordable rental housing development, as in accordance with the Declaration required by and described defined in the Development Agreement defined below.in the attached Note. Exhibit 2 to Taxable TIF Note ACKNOWLEDGMENT REGARDING TIF NOTE The undersigned, a (“Note Holder”), hereby certifies and acknowledges that:

Appears in 1 contract

Samples: Development Agreement

Affordable Housing Declaration. The TIF District will cease to qualify as a housing tax increment financing district and the TIF Note will terminate if the Project ceases to be operated as an affordable rental housing development, as in accordance with the Declaration required by and described defined in the Development Agreement defined below.

Appears in 1 contract

Samples: Development Agreement

AutoNDA by SimpleDocs

Affordable Housing Declaration. The TIF District will cease to qualify as a housing tax increment financing district and the TIF Note will terminate if the Project ceases to be operated as an affordable rental housing development, as in accordance with the Declaration required by and described defined in the Development TIF Agreement defined below.in the attached Note. to Taxable TIF Note ACKNOWLEDGMENT REGARDING TIF NOTE The undersigned, , a _ (“Note Holder”), hereby certifies and acknowledges that:

Appears in 1 contract

Samples: Development Assistance Agreement

Affordable Housing Declaration. The TIF District will cease to qualify as a housing tax increment financing district and the TIF Note will terminate if the Project ceases to be operated as an affordable rental housing development, as required by and described in the Development Agreement defined below.in the attached Note. Exhibit 2 to Taxable TIF Note ACKNOWLEDGMENT REGARDING THE TIF NOTE The undersigned, a (“Note Holder”), hereby certifies and acknowledges that:

Appears in 1 contract

Samples: Contract for Private Development

Affordable Housing Declaration. The TIF District will cease to qualify as a housing tax increment financing district and the TIF Note will terminate if the Project ceases to be operated as an affordable rental housing development, as in accordance with the Declaration required by and described defined in the Development TIF Agreement defined below.

Appears in 1 contract

Samples: Development Assistance Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.