Common use of Annual Reporting Requirements Clause in Contracts

Annual Reporting Requirements. Beginning with the first occupancy of any Affordable Unit, Developer shall provide an annual report (“Annual Report”) to the Agency regarding the Rental Affordable Units, which shall be submitted on each anniversary date of the Effective Date of this Covenant. The Annual Report shall include the following: (a) the number and identification of the Rental Affordable Units, by bedroom count, that are occupied; (b) the number and identification of the Rental Affordable Units, by bedroom count, that are vacant; (c) for each Rental Affordable Unit that is vacant or that was vacant for a portion of the reporting period, the manner in which the Rental Affordable Unit became vacant (e.g. eviction or voluntary departure) and the progress in re-leasing that unit; (d) for each occupied Rental Affordable Unit, the names and ages of all persons in the Household, the Household size, date of initial occupancy, and total Annual Household Income as of the date of the most recent Certification of Income; (e) a sworn statement that, to the best of Developer’s information and knowledge, the Household occupying each Rental Affordable Unit meets the eligibility criteria of this Covenant; (f) a copy of each new or revised Certification of Income for each Household renting a Rental Affordable Unit; (g) a copy of each new or revised Certification of Residency for each Household renting a Rental Affordable Unit; (h) a copy of each inspection report and Certification of Inspection for each Rental Affordable Unit; and (i) a copy of all forms, policies, procedures, and other documents reasonably requested by the Agency related to the Rental Affordable Units. The Annual Reports shall be retained by Developer for a minimum of five (5) years after submission and shall be available, upon reasonable notice, for inspection by the Agency or its designee. Notwithstanding anything contained herein to the contrary, in the event that Developer provides a report to an agency within the District government with content substantially similar to the content of the Annual Reports described in this section, subject to the Agency’s prior written approval, then the reporting requirements under this section shall be satisfied upon Developer’s delivery of such report to the Agency. The Agency may request Developer to provide additional information in support of its Annual Report.

Annual Reporting Requirements. Beginning with the first occupancy of any Affordable Dwelling Unit, the Developer shall provide an annual report (“Annual Report”) to the Agency City regarding the Rental status of the Affordable UnitsDwelling Units during the previous calendar year, which shall be submitted on March 1 of each anniversary year, or other date of as agreed to by the Effective Date of this CovenantCity Administrator or designee and the Developer. The Annual Report shall include the following: (a) the A. The unit number and identification bedroom count of the Rental each Affordable Units, by bedroom count, Dwelling Unit that are is occupied; (b) the number and identification of the Rental B. For each Affordable Units, by bedroom count, that are vacant; (c) for each Rental Affordable Dwelling Unit that is vacant or that was vacant for a portion of the reporting period, the manner in which the Rental Affordable Dwelling Unit became vacant (e.g. eviction or voluntary departure) and the progress in of having the unit re-leasing that unitoccupied; (d) for C. For each occupied Rental Affordable Dwelling Unit, the names and ages of all persons in the Household, the Household size, date of initial occupancy, and total Annual Household Income as of the date of the most recent Certification of Income, and the monthly rental rate of the lease; (e) a sworn statement that, to the best of Developer’s information and knowledge, the Household occupying each Rental Affordable Unit meets the eligibility criteria of this Covenant; (f) a copy of each new or revised Certification of Income for each Household renting a Rental Affordable Unit; (g) a copy of each new or revised Certification of Residency for each Household renting a Rental Affordable Unit; (h) a copy of each inspection report and Certification of Inspection for each Rental Affordable Unit; and (i) a D. A copy of all forms, policies, procedures, leases, and other documents reasonably requested by the Agency City related to the Rental Affordable Dwelling Units. The Annual Reports shall be retained by the Developer for a minimum of five (5) years after submission and shall be available, upon reasonable notice, for inspection by the Agency or its designeeCity. Notwithstanding anything contained herein to the contrary, in the event that the Developer provides is providing a report to an agency within the District government with content substantially similar to the content of the Annual Reports described in this section, subject to the AgencyCity Administrator’s prior written approval, then the reporting requirements under this section shall be satisfied upon Developer’s delivery of such report to the AgencyCity. The Agency Developer shall also maintain copies of all initial and renewal leases for Affordable Dwelling Units, which may request be retained in electronic form, for three years from the date of execution. Within fifteen (15) days after receiving notice of any error in the amount of rent being charged for an Affordable Dwelling Unit, Developer shall either: correct the error, in which event, corrections shall be retroactive to the date of the error within the annual lease period; or provide additional information written notice to the City that Developer disputes the error, in support of its Annual Reportwhich event, the City and Developer shall work cooperatively to reconcile the error over the next fifteen (15) days.

Annual Reporting Requirements. Beginning with the first occupancy of any Affordable Workforce Housing Unit, the Developer shall provide an annual report (“Annual Report”) to the Agency City regarding the Rental Affordable UnitsWorkforce Housing Units during the previous calendar year, which shall be submitted on by March 1 of each anniversary date of the Effective Date of this Covenantyear. The Annual Report shall include the following: (a) the number and identification of the Rental Affordable UnitsA. The unit number, by bedroom count, of each Workforce Housing Unit that are is occupied; (b) the number and identification of the Rental Affordable Units, by bedroom count, that are vacant; (c) for B. For each Rental Affordable Workforce Housing Unit that is vacant or that was vacant for a portion of the reporting period, the manner in which the Rental Affordable Workforce Housing Unit became vacant (e.g. eviction or voluntary departure) and the progress in of having the unit re-leasing that unitoccupied; (d) for C. For each occupied Rental Affordable Workforce Housing Unit, the names and ages of all persons in the Household, the Household size, date of initial occupancy, and total Annual Household Income as of the date of the most recent Certification of Income,and the lease rate; (e) a D. A sworn statement that, to the best of the Developer’s information and knowledge, the Household occupying each Rental Affordable Workforce Housing Unit meets the eligibility criteria of this Covenant; (f) a copy of each new or revised Certification of Income for each Household renting a Rental Affordable Unit; (g) a copy of each new or revised Certification of Residency for each Household renting a Rental Affordable Unit; (h) a copy of each inspection report and Certification of Inspection for each Rental Affordable Unit; and (i) a E. A copy of all forms, policies, procedures, leases, and other documents reasonably requested by the Agency City related to the Rental Affordable Workforce Housing Units. The Annual Reports shall be retained by the Developer for a minimum of five (5) years after submission and shall be available, upon reasonable notice, for inspection by the Agency or its designeeCity. Notwithstanding anything contained herein to the contrary, in the event that the Developer provides is providing a report to an agency within the District government with content substantially similar to the content of the Annual Reports described in this section, subject to the AgencyCity Administrator’s prior written approval, then the reporting requirements under this section shall be satisfied upon Developer’s delivery of such report to the AgencyCity. The Agency may request Developer to provide additional information in support shall also maintain copies of its Annual Reportall initial and renewal leases for Workforce Housing Units for three years from execution.

Annual Reporting Requirements. Beginning with the first occupancy of any Affordable Unit, the Developer shall provide an annual report (“Annual Report”) to the Agency regarding the Rental Affordable Units, which shall be submitted on each anniversary date of the Effective Date of this Covenant. The Annual Report shall include the following:following:‌ (a) the number and identification of the Rental Affordable Units, by bedroom count, that are occupied; (b) the number and identification of the Rental Affordable Units, by bedroom count, that are vacant; (c) for each Rental Affordable Unit that is vacant or that was vacant for a portion of the reporting period, the manner in which the Rental Affordable Unit became vacant (e.g. eviction or voluntary departure) and the progress in of having the unit re-leasing that unitoccupied; (d) for each occupied Rental Affordable Unit, the names and ages of all persons in the Household, the Household size, date of initial occupancy, and total Annual Household Income as of the date of the most recent Certification of Income; (e) a sworn statement that, to the best of the Developer’s information and knowledge, the Household occupying each Rental Affordable Unit meets the eligibility criteria of this Covenant; (f) a copy of each new or revised Certification of Income for each Household renting a Rental Affordable Unit; (g) a copy of each new or revised Certification of Residency for each Household renting a Rental Affordable Unit; (h) a copy of each inspection report and Certification of Inspection for each Rental Affordable Unit; and, (i) a copy of all forms, policies, procedures, and other documents reasonably requested by the Agency related to the Rental Affordable Units. The Annual Reports shall be retained by the Developer for a minimum of five (5) years after submission and shall be available, upon reasonable notice, for inspection by the Agency or its designee. Notwithstanding anything contained herein to the contrary, in the event that the Developer provides is providing a report to an agency within the District government with content substantially similar to the content of the Annual Reports described in this section, subject to the Agency’s prior written approval, then the reporting requirements under this section shall be satisfied upon Developer’s delivery of such report to the Agency. The Agency may request Developer to provide additional information in support of its Annual Report.

Annual Reporting Requirements. Beginning with the first occupancy of any Affordable Dwelling Unit, the Developer shall provide an annual report (“Annual Report”) to the Agency City regarding the Rental status of the Affordable UnitsDwelling Units during the previous calendar year, which shall be submitted on March 1 of each anniversary year, or other date of as agreed to by the Effective Date of this CovenantCity Administrator or designee and the Developer. The Annual Report shall include the following: (a) the A. The unit number and identification bedroom count of the Rental each Affordable Units, by bedroom count, Dwelling Unit that are is occupied; (b) the number and identification of the Rental B. For each Affordable Units, by bedroom count, that are vacant; (c) for each Rental Affordable Dwelling Unit that is vacant or that was vacant for a portion of the reporting period, the manner in which the Rental Affordable Dwelling Unit became vacant (e.g. eviction or voluntary departure) and the progress in of having the unit re-leasing that unitoccupied; (d) for C. For each occupied Rental Affordable Dwelling Unit, the names and ages of all persons in the Household, the Household size, date of initial occupancy, and total Annual Household Income as of the date of the most recent Certification of Income, and the monthly rental rate of the lease; (e) a sworn statement that, to the best of Developer’s information and knowledge, the Household occupying each Rental Affordable Unit meets the eligibility criteria of this Covenant; (f) a copy of each new or revised Certification of Income for each Household renting a Rental Affordable Unit; (g) a copy of each new or revised Certification of Residency for each Household renting a Rental Affordable Unit; (h) a copy of each inspection report and Certification of Inspection for each Rental Affordable Unit; and (i) a D. A copy of all forms, policies, procedures, leases, and other documents reasonably requested by the Agency City related to the Rental Affordable Dwelling Units. The Annual Reports shall be retained by the Developer for a minimum of five (5) years after submission and shall be available, upon reasonable notice, for inspection by the Agency or its designeeCity. Notwithstanding anything contained herein to the contrary, in the event that the Developer provides is providing a report to an agency within the District government with content substantially similar to the content of the Annual Reports described in this section, subject to the AgencyCity Administrator’s prior written approval, then the reporting requirements under this section shall be satisfied upon Developer’s delivery of such report to the AgencyCity. The Agency may request Developer shall also maintain copies of all initial and renewal leases for Affordable Dwelling Units for three years from the date of execution. Within fifteen (15) days after receiving notice of any error in the amount of rent being charged for an Affordable Dwelling Unit, Developer shall either: correct the error, in which event, corrections shall be retroactive to the date of the error within the annual lease period; or provide additional information written notice to the City that Developer disputes the error, in support of its Annual Reportwhich event, the City and Developer shall work cooperatively to reconcile the error over the next fifteen (15) days.