Homeownership Activities. For homeownership replacement activities under a Revitalization Plan, the Grantee is required to obtain HUD approval of a homeownership proposal (“Homeownership Proposal”). The Homeownership Proposal must serve low-income families consistent with the 80% Area Median Income (AMI) limitations and any other applicable provisions under the 1937 Act. The Homeownership Proposal must conform to either:
Appears in 8 contracts
Samples: Revitalization Grant Agreement, Vi Revitalization Grant Agreement, Grant Agreement
Homeownership Activities. For homeownership replacement activities units developed under a Revitalization Plan, the Grantee is required to obtain HUD approval of a homeownership proposal (“Homeownership Proposal”). The Homeownership Proposal must serve low-income families be consistent with the 80% Area Median Income (AMI) limitations and any other applicable provisions under the 1937 Act. The Homeownership Proposal must conform to either:
Appears in 1 contract
Homeownership Activities. For homeownership replacement activities under a Revitalization Transformation Plan, the Grantee is required to obtain HUD approval of a homeownership proposal (“Homeownership Proposal”). The Homeownership Proposal must serve low-income families consistent with the 80% Area Median Income (AMI) limitations and any other applicable provisions under the 1937 Act. The Homeownership Proposal must conform to either:
Appears in 1 contract
Samples: Grant Agreement
