Fixed and floating HTF units Sample Clauses

Fixed and floating HTF units. In a project containing HTF-assisted and other units, the grantee may designate fixed or floating HTF units. This des- ignation must be made at the time of project commitment in the written agreement between the grantee and the recipient, and the HTF units must be identified not later than the time of project completion. Fixed units must remain the same throughout the period of affordability. Floating units must be changed to maintain conformity with the requirements of this section during the period of affordability so that the total number of housing units meeting the requirements of this section re- mains the same, and each substituted unit must be comparable in terms of size, features, and number of bedrooms to the originally designated HTF-as- sisted unit.
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Related to Fixed and floating HTF units

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