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 in accordance with the Declaration required by and defined in the TIF Assistance Agreement defined below.

Appears in 1 contract

Samples: Tif Assistance Agreement

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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 in accordance with the Declaration required by and defined in the TIF Assistance Development Agreement defined below.

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 in accordance with the Declaration as an affordable rental housing development, as required by and defined described in the TIF Assistance Development Agreement defined below.

Appears in 1 contract

Samples: Contract for Private Development

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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 in accordance with the Declaration required by and defined in the TIF Assistance Agreement defined below.

Appears in 1 contract

Samples: Development Assistance Agreement

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