Common use of Home Ownership Assistance Fund Clause in Contracts

Home Ownership Assistance Fund. As represented to the Agency in conjunction with its allocation of Credits to the Project, Owner has agreed to set aside $50 per month (the “Home Ownership Assistance Fee”) for each home occupied by a Qualified Tenant not in default in the payment of rent under his or her Lease.

Appears in 4 contracts

Samples: Land Use Restriction Agreement for Low Income Housing Tax Credits, Land Use Restriction Agreement, Land Use Restriction Agreement

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