Common use of Affordable Rent Clause in Contracts

Affordable Rent. 2.1 During the Affordability Period, the Proponent shall not charge rent for a Unit in the Project in excess of the affordable rent permitted under this Schedule “D” nor increase any rent charged for a Unit except as permitted in this Schedule “D”.

Appears in 6 contracts

Samples: Contribution Agreement, Contribution Agreement, Contribution Agreement

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Affordable Rent. 2.1 During the Affordability Period, the Proponent shall not charge rent for a Unit in the Project in excess of the affordable rent permitted under this Schedule Appendix “D” nor increase any rent charged for a Unit except as permitted in this Schedule Appendix “D”.

Appears in 3 contracts

Samples: Partnership Agreement, Transfer Payment Agreement, Investment in Affordable Housing

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