Common use of Duration of Affordability Requirements; Affordability Period Clause in Contracts

Duration of Affordability Requirements; Affordability Period. The Project and all the Housing Units thereon shall be subject to the requirements of this Section 1200 et seq., for the full term of fifty-five (55) years from the date the Release of Construction Covenants is issued by Authority and recorded against the Site.

Duration of Affordability Requirements; Affordability Period. The Project and all the Housing Units thereon shall be subject to the requirements of this Section 1200 1200, et seq., for the full term of fifty-five (55) years from the date the Release of Construction Covenants is issued by Authority Agency and recorded against the Site.

Duration of Affordability Requirements; Affordability Period. The Project and all the Housing Units thereon shall be subject to the requirements of this Section 1200 400, et seq., . for the full term of not less than fifty-five seven (5557) years from the date that the Release of Construction “Affordability Pe ainst the Site in the Official nown as the Covenants for the Project is issued by Authority recorded ag covenants and recorded against the Site.this requirement shall be k

Duration of Affordability Requirements; Affordability Period. The Project Phase I and all the Housing Units thereon shall be subject to the requirements of this Section 1200 4, et seq., . for the full term of not less than fifty-five seven (5557) years from the date that the Release of Construction Covenants for Phase I is issued by Authority and recorded against the SiteSite in the Official Records. The duration of these covenants and this requirement shall be known as the “Affordability Period.”