HOME-Assisted Unit Compliance Deadline. Each HOME-Assisted Unit must be rented to and occupied by a Very Low Income Household pursuant to Section 2.1(a) on or before the date that occurs eighteen (18) months after the Completion Date. If Borrower fails to comply with this requirement, Borrower shall repay a portion of the New County Loan Funds, with interest, in accordance with Section 2.10(c) of the Loan Agreement.
Appears in 3 contracts
Samples: Home Regulatory Agreement, Home Regulatory Agreement, Home Regulatory Agreement
HOME-Assisted Unit Compliance Deadline. Each HOME-Assisted Unit must be rented to and occupied by a Very Low Income Household pursuant to Section 2.1(a2.1(b) on or before the date that occurs eighteen (18) months after the Completion Date. If Borrower fails to comply with this requirement, Borrower shall repay a portion of the New County Loan FundsHOME Loan, with interest, in accordance with Section 2.10(c2.8(c) of the Loan Agreement.
Appears in 2 contracts
Samples: Home/Hopwa Regulatory Agreement, Home/Hopwa Regulatory Agreement
HOME-Assisted Unit Compliance Deadline. Each HOME-Assisted Unit must be rented to and occupied by a Very an Extremely Low Income Household pursuant to Section 2.1(a2.1(b) on or before the date that occurs eighteen (18) months after the Completion Date. If Borrower fails to comply with this requirement, Borrower shall repay a portion of the New County Loan FundsHOME Loan, with interest, in accordance with Section 2.10(c2.8(c) of the Loan Agreement.
Appears in 1 contract
Samples: Home/Hopwa Regulatory Agreement
HOME-Assisted Unit Compliance Deadline. Each HOME-Assisted Unit must be rented to and occupied by a Very Low Income Household pursuant to Section 2.1(a2.1(b) on or before the date that occurs eighteen (18) months after the Completion Date. If Borrower fails to comply with this requirement, Borrower shall repay a portion of the New County Loan Xxxxx Funds, with interest, in accordance with Section 2.10(c) of the Loan Agreement.
Appears in 1 contract
Samples: Home/Hopwa Regulatory Agreement
HOME-Assisted Unit Compliance Deadline. Each HOME-Assisted Unit must be rented to and occupied by a Very an Extremely Low Income Household pursuant to Section 2.1(a) on or before the date that occurs eighteen (18) months after the Completion Date. If Borrower fails to comply with this requirement, Borrower shall repay a portion of the New County Loan FundsLoan, with interest, in accordance with Section 2.10(c2.8(c) of the Loan Agreement.
Appears in 1 contract
Samples: Home Regulatory Agreement
HOME-Assisted Unit Compliance Deadline. Each HOME-Assisted Unit must be rented to and occupied by an Extremely Low Income Household or a Very Low Income Household pursuant to this Section 2.1(a) 2.1 on or before the date that occurs eighteen (18) months after the Completion Date. If Borrower fails to comply with this requirement, Borrower shall repay a portion of the New County Loan FundsHOME Loan, with interest, in accordance with Section 2.10(c2.8(c) of the Loan Agreement.
Appears in 1 contract
Samples: Regulatory Agreement and Declaration of Restrictive Covenants
HOME-Assisted Unit Compliance Deadline. Each HOME-Assisted Unit must be rented to and occupied by a Very Low Income Household Household, Forty Percent Income Household, or Sixty Percent Income Household, as applicable, pursuant to Section 2.1(a2.1(b) on or before the date that occurs eighteen (18) months after the Completion Date. If Borrower fails to comply with this requirement, Borrower shall repay a portion of the New County Loan FundsHOME Loan, with interest, in accordance with Section 2.10(c2.8(c) of the Loan Agreement.
Appears in 1 contract
Samples: Home/Hopwa Regulatory Agreement
HOME-Assisted Unit Compliance Deadline. Each HOME-Assisted Unit must be rented to and occupied by a Very an Extremely Low Income Household pursuant to Section 2.1(a) on or before the date that occurs eighteen (18) months after the Completion Date. If Borrower fails to comply with this requirement, Borrower shall repay a portion of the New County Loan Funds, with interest, in accordance with Section 2.10(c2.8(c) of the Loan Agreement.
Appears in 1 contract
Samples: Home Regulatory Agreement