Common use of Findings of the Authority Clause in Contracts

Findings of the Authority. In connection with the implementation of the Program, the Authority finds that: (a) there exists a shortage of decent, safe and sanitary housing at prices which eligible families can afford within the Authority’s jurisdiction; (b) private enterprise and investment have been unable, without assistance, to provide an adequate supply of decent, safe and sanitary housing at prices which eligible families can afford within the Authority’s jurisdiction; (c) the Program will improve the quality of decent, safe and sanitary housing for eligible families; (d) the residential housing assistance provided pursuant to the Program will provide a public benefit; and (e) the estimates of revenues received by the Authority pursuant to the Program, together with all other subsidies, grants or other financial assistance received in connection with the Program, are sufficient to pay the costs associated with the Program.

Findings of the Authority. In connection with the implementation of the Program, the Authority finds that: (a) there exists a shortage of decent, safe safe, and sanitary housing at prices which eligible families households can afford within the Authority’s jurisdiction; (b) private enterprise and investment have been unable, without assistance, to provide an adequate supply of decent, safe safe, and sanitary housing at prices which eligible families households can afford within the Authority’s jurisdiction; (c) the Program will improve the quality of decent, safe safe, and sanitary housing for eligible familieshouseholds; (d) the residential housing assistance provided pursuant to the Program will provide a public benefit; and (e) the estimates of revenues received by the Authority pursuant to the Program, together with all other subsidies, grants or other financial assistance received in connection with the Program, are sufficient to pay the costs associated with the Program.

Findings of the Authority. In connection with the implementation of the Program, the Authority finds that: (a) there exists a shortage of decent, safe and sanitary housing at prices which eligible families can afford within the Authority’s jurisdictionjurisdiction and in other jurisdictions within which the Authority has or will enter into a Cooperative Endeavor Agreement with the governing authority, the local finance authority or a governmental entity thereof to finance Mortgage Loans therein; (b) private enterprise and investment have been unable, without assistance, to provide an adequate supply of decent, safe and sanitary housing at prices which eligible families can afford within the Authority’s jurisdiction; (c) the Program will improve the quality of decent, safe and sanitary housing for eligible familiesfamilies of the Borrowers; (dc) the residential housing assistance provided pursuant to the Program will provide a public benefit; and; (ed) the estimates estimate of revenues received by the Authority pursuant to the Program, together with all other subsidies, grants or other financial assistance received in connection with the Program, are Program is sufficient to pay the costs associated with the Program.