Common use of Economic Development Activities Clause in Contracts

Economic Development Activities. The Recipient shall ensure that the requirements of 12 C.F.R. § 1807.300(b) are met and shall retain its evidence of a Concerted Strategy pursuant to the record retention requirements of Section 7.3 of this Assistance Agreement. The Recipient must report in its Annual Report – Performance Report (as described in Schedule 1-B) the address of at least one qualifying Affordable Housing project at the time the CMF Award funds are Committed for use, in order to demonstrate compliance with Concerted Strategy.

Appears in 3 contracts

Samples: www.cdfifund.gov, www.cdfifund.gov, www.cdfifund.gov

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Economic Development Activities. The Recipient shall ensure that the requirements of 12 C.F.R. § 1807.300(b) are met and shall retain its evidence of a Concerted Strategy pursuant to the record retention requirements of Section 7.3 of this Assistance Agreement. The Recipient must report in its Annual Report – Performance Report (as described in Schedule 1-B) the address of at least one qualifying Affordable Housing project at the time the CMF Award funds are Committed for use, in order to demonstrate compliance with Concerted Strategy.

Appears in 1 contract

Samples: Disclaimer

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