Conveyance to an Attainable Housing Program. Developer may convey any Attainable Unit at the Initial Sale Price with deed restrictions agreed upon by the City of Flagstaff Housing Director or designee to a third party entity that operates an affordable housing program whether for affordable ownership or affordable rentals. An Owner of an Attainable Unit may convey the Unit at the Maximum Resale Price with deed restrictions agreed upon by the City of Flagstaff Housing Director or designee to a third party entity that operates an affordable housing program whether for affordable ownership or affordable rentals.
Appears in 4 contracts
Samples: Development Agreement, Development Agreement, Development Agreement
