Continued Affordability Sample Clauses

Continued Affordability. When acquiring a property with the use of NSP3 funds, the Developer will comply with all affordability requirements stated in the Housing and Economic Recovery Act §2301 (f) (3) (B) and adopted by the jurisdiction.
Sample 1
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Continued Affordability. All CDBG-assisted properties are required to meet the HOME “affordability period” requirement. The City of North Las Vegas has adopted the HOME Investment Partnerships Program affordability guidelines (24 CFR 92.254 (a)(4) and 92.254 (i) as its parameter for meeting this requirement. This affordability requirement has been adopted as the minimum required term to comply with the HOME program, however, the City of North Las Vegas would greatly encourage the Subrecipient to maintain the acquired properties as affordable housing for the longest period possible. Full recapture requirements will be used and will be secured by a deed of trust at conveyance of the property to the Subrecipient: ACTIVITY $ PER UNIT MINIMUM AFFORDABILITY PERIOD Rehabilitation and/or Acquisition of Existing Housing Less than $15,000 per unit 5 years $15,000 - $40,000 per unit 10 years More than $40,000 per unit 15 years Requests for Funds Subrecipient will submit requests for funds to the City’s Housing and Neighborhood Services Division no more than twice monthly. Requests will include a Request for Payment form with a checklist of required documentation, invoices for services rendered, backup documentation documenting that the listed expense has been paid by the Subrecipient. City to pay out request for funds within 30 days of receipt of submission from Subrecipient.
Sample 1
Continued Affordability. If the HAP Contract is terminated prior to the expiration or earlier termination of the Lease due to a permanent reduction in or termination of the Section 8 rental subsidy program that prevents the Tenant from satisfying the Affordability Requirements:
Sample 1
Continued Affordability. Following any purchase under a or b, the Project will continue to be subject to existing affordability restrictions for the balance of the applicable extended use period (under the TDHCA XXXX), and the restrictions set forth in the Xxxx XXXX (if applicable), the AHFC RHDA XXXX, the Ground Lease and any other applicable affordability restrictions.
Sample 1
Continued Affordability. The AHA shall include the procedures and mechanisms proposed by the developer to maintain the continued affordability of all affordable housing units, whether rental or ownership units. An applicant shall agree to, and the City shall ensure, continued affordability of all very low-and low-income units that qualified the applicant for the award of the density bonus for 30 years, or a longer period of time if required by the construction or mortgage-financing assistance program, mortgage-insurance program, or rental-subsidy program. Rents for very-low and low-income units shall be set at an affordable rent as defined in Section 18.26.030 of this chapter. Owner-occupied units shall be available at an affordable housing cost as defined in Section 18.26.030 of this chapter. The following specific items shall be addressed in the AHA:
Sample 1

Related to Continued Affordability

  • Affordability (a) Throughout the term of this Agreement, each Low and Moderate Income Unit will be rented for no more than the rental rates set forth herein to an Eligible Tenant. An Eligible Tenant is a Family whose annual income does not exceed eighty percent (80%) of the Area median income adjusted for family size as determined by the U.S. Department of Housing and Urban Development (“HUD”). A “

  • Continued You are not eligible for protection from the STRF and you are not required to pay the STRF assessment if either of the following applies:

  • Dependability Compliance with instructions and regulations; reliability under varying conditions. ☐ Unsatisfactory Frequently undependable. ☐ Needs Improvement ☐ Meets Expectations Dependable under normal circumstances. ☐ Exceeds Expectations ☐ Outstanding Thoroughly reliable on assignments. Remarks: Click here to enter remarks

  • Employability Executive acknowledges (i) that Executive has sufficient abilities and talents to be able to obtain, upon the termination of Executive’s employment, comparable employment from another business while fully honoring and complying with the above covenants concerning confidential information and contacts with the Company’s or any of its Affiliates’ customers or employees, and (ii) the importance to the Company and its Affiliates of the above covenants. Accordingly, for a period of one (1) year following the termination of Executive’s employment with the Company and upon the Company’s reasonable request of Executive, Executive shall advise the Company of the identity of Executive’s new employer and shall provide a general description, in reasonable detail, of Executive’s new duties and responsibilities sufficient to inform the Company of its need to request a court order to enforce the above covenants.

  • Portability The Employer will credit an Employee additional Personal Leave credits up to those held at the date that Employee ceased previous employment provided that:

  • Health Care The Company will reimburse the Executive for the cost of maintaining continuing health coverage under COBRA for a period of no more than 12 months following the date of termination, less the amount the Executive is expected to pay as a regular employee premium for such coverage. Such reimbursements will cease if the Executive becomes eligible for similar coverage under another benefit plan.

  • Staff-to-Youth Ratio Requirement For all group activities the AGENCY shall abide by the staff-to-youth ratio range that is between the ratio established by its written policy and procedures and the ratio stated in Section 402.305(4), Florida Statutes. If the staff-to-youth ratio does not meet the minimum standard of care as stated in Section 402.305 (4), Florida Statutes, the AGENCY shall increase staff- to-youth ratios to meet these minimum standards. Section 402.305(4), Florida Statutes, states the minimum staff-to-youth ratio for on-site group activities for children five (5) years of age or older there must be one (1) childcare personnel staff to every twenty-five (25) children; for field trips and other off-site activities, Chapter 65C-22.001, Florida Administrative Code, requires one (1) extra adult, in addition to the on-site requirement. This standard shall be required for all programming paid for with funds under this Contract. The AGENCY will ensure that the staffing pattern is adequate and is adjusted to meet programmatic needs. The AGENCY shall adjust its staffing ratio to meet any ratio update required by Florida Statutes that occurs during the Contract year.

  • Family Care Employees may use vacation leave for care of family members as required by the Family Care Act, WAC 296-130.

  • Excellence excellence is the result of always striving to do better. This is represented by constant improvements to the way in which we deliver our services, which results in a high performing health service. • Respect – we demonstrate respect through our actions and behaviours. By showing each other respect, in turn we earn respect. • Integrity – integrity is doing the right thing, knowing it is what we do when people aren’t looking that is a true reflection of who we are. • Collaboration – collaboration represents working together in partnership to achieve sustainable health care outcomes for our community with a shared understanding of our priorities. • Accountability – together we have a shared responsibility for ensuring the best health care outcomes for our community. This is a reminder that it is not only our actions, but also the actions we do not do, for which we are accountable. Brief Summary of Duties (in order of importance)

  • Data Portability Operator shall, at the request of the LEA, make Data available including Pupil Generated Content in a readily accessible format.

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