Lease Provisions. (1) Borrower shall use a rental lease form approved by the County Manager or his designee. The rental lease form shall comply with all requirements of this Agreement and the AHIF Loan Documents and shall, among other matters: (i) provide for termination of the lease for failure: (A) to provide any information required under this Agreement or reasonably requested by the Borrower to establish or recertify the Tenant’s qualification, or the qualification of the Tenant’s household, for occupancy in the Property in accordance with the standards set forth in this Agreement, or (B) to qualify as a Very Low- or Low-Income Household as a result of any material misrepresentation made by such Tenant with respect to the income computation or certification; (ii) provide that residents of all Income-Restricted Units have full access to all amenities provided to other residents of the Property, if any, subject to the rules, regulations and conditions (including fees) governing the use of these facilities for all other Tenants as reasonably established by the Borrower; (iii) be for a term of not less than one (1) year, and provide for no rent increase during such year other than as permitted by federal regulations. Borrower will provide each Tenant with at least thirty (30) days’ written notice of any increase in rent applicable to such Tenant, and with such further notice as may be required by Section 4.04(a) above; and (iv) include the nondiscrimination language required pursuant to
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Lease Provisions. (1) Borrower shall use a rental lease form approved by the County Manager or his her designee. The rental lease form shall comply with all requirements of this Agreement and the AHIF Loan Documents and shall, among other matters:
(i) provide for termination of the lease for failure: (A) to provide any information required under this Agreement or reasonably requested by the Borrower to establish or recertify the Tenant’s qualification, or the qualification of the Tenant’s household, for occupancy in the Property in accordance with the standards set forth in this Agreement, or (B) to qualify as a Very Low- or Low-Low Income Household as a result of any material misrepresentation made by such Tenant with respect to the income computation or certification;
(ii) provide that residents of all Income-Restricted Units have full access to all amenities provided to other residents of the Property, if any, subject to the rules, regulations and conditions (including fees) governing the use of these facilities for all other Tenants as reasonably established by the Borrower;
(iii) be for a term of not less than one (1) year, and provide for no rent increase during such year other than as permitted by federal regulations. Borrower will provide each Tenant with at least thirty (30) days’ written notice of any increase in rent applicable to such Tenant, and with such further notice as may be required by Section 4.04(a4.02(g) above; and
(iv) include the nondiscrimination language required pursuant to
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Lease Provisions. (1) Borrower shall use a rental lease form approved by the County Manager or his designee. The rental lease form shall comply with all requirements of this Agreement and the AHIF County Loan Documents and shall, among other matters:
(i) provide for termination of the lease for failure: (A) to provide any information required under this Agreement or reasonably requested by the Borrower to establish or recertify the Tenant’s qualification, or the qualification of the Tenant’s household, for occupancy in the Property in accordance with the standards set forth in this Agreement, or (B) to qualify as a Very Low- or Low-Income Household as a result of any material misrepresentation made by such Tenant with respect to the income computation or certification;
(ii) provide that residents of all Income-Restricted Units have full access to all amenities provided to other residents of the Property, if any, subject to the rules, regulations and conditions (including fees) governing the use of these facilities for all other Tenants as reasonably established by the Borrower;
(iii) be for a term of not less than one (1) year, and provide for no rent increase during such year other than as permitted by federal regulations. Borrower will provide each Tenant with at least thirty (30) days’ written notice of any increase in rent applicable to such Tenant, and with such further notice as may be required by Section 4.04(a) above; and
(iv) include the nondiscrimination language required pursuant to
Appears in 1 contract
Samples: Loan Agreement
Lease Provisions. (1) Borrower shall use a rental lease form approved by the County Manager or his designee. The rental lease form shall comply with all requirements of this Agreement and the AHIF Loan Documents and shall, among other matters:
(i) provide for termination of the lease for failure: (A) to provide any information required under this Agreement or reasonably requested by the Borrower to establish or recertify the Tenant’s qualification, or the qualification of the Tenant’s household, for occupancy in the Property in accordance with the standards set forth in this Agreement, or (B) to qualify as a Very Low- or Low-Income Household as a result of any material misrepresentation made by such Tenant with respect to the income computation or certification;
(ii) provide that residents of all Income-Restricted Units have full access to all amenities provided to other residents of the Property, if any, subject to the rules, regulations and conditions (including fees) governing the use of these facilities for all other Tenants as reasonably established by the Borrower;
(iii) be for a term of not less than one (1) year, and provide for no rent increase during such year other than as permitted by federal regulations. Borrower will provide each Tenant with at least thirty (30) days’ written notice of any increase in rent applicable to such Tenant, and with such further notice as may be required by Section 4.04(a) above; and
(iv) include the nondiscrimination language required pursuant to
Appears in 1 contract
Samples: Loan Agreement
Lease Provisions. (1) Borrower shall use a rental lease form approved by the County Manager or his designee. The rental lease form shall comply with all requirements of this Agreement and the AHIF CDBG Loan Documents and shall, among other matters:
(iA) provide for termination of the lease for failure: (A) to provide any information required under this Agreement or reasonably requested by the Borrower to establish or recertify the Tenant’s qualification, or the qualification of the Tenant’s household, for occupancy in the Property in accordance with the standards set forth in this Agreement, or (B) to qualify as a Very Low- or Lowan Income-Income Restricted Household as a result of any material misrepresentation made by such Tenant with respect to the income computation or certification;
(iiB) provide that residents of all Income-Restricted Units have full access to all amenities provided to other residents of the Property, if any, subject to the rules, regulations and conditions (including fees) governing the use of these facilities for all other Tenants as reasonably established by the Borrower;
(iiiC) be for a term of not less than one (1) year, year and provide for no rent increase during such year other than as permitted by federal regulations. Borrower will provide each Tenant with at least thirty (30) days’ written notice of any increase in rent applicable to such Tenant, and with such further notice as may be required by Section 4.04(a) above; and
(ivD) include the nondiscrimination language required pursuant to
Appears in 1 contract
Lease Provisions. (1) Borrower shall use a rental lease form approved by the County Manager or his designee. The rental lease form shall comply with all requirements of this Agreement and the AHIF Amended and Restated Loan Documents and shall, among other matters:
(i) provide for termination of the lease for failure: (A) to provide any information required under this Agreement or reasonably requested by the Borrower to establish or recertify the Tenant’s qualification, or the qualification of the Tenant’s household, for occupancy in the Property in accordance with the standards set forth in this Agreement, or (B) to qualify as a Very Low- or Low-Income Household as a result of any material misrepresentation made by such Tenant with respect to the income computation or certification;
(ii) provide that residents of all Income-Restricted Units have full access to all amenities provided to other residents of the Property, if any, subject to the rules, regulations and conditions (including fees) governing the use of these facilities for all other Tenants as reasonably established by the Borrower;
(iii) be for a term of not less than one (1) year, and provide for no rent increase during such year other than as permitted by federal regulations. Borrower will provide each Tenant with at least thirty (30) days’ written notice of any increase in rent applicable to such Tenant, and with such further notice as may be required by Section 4.04(a) above; and
(iv) include the nondiscrimination language required pursuant to
Appears in 1 contract
Samples: Loan Agreement
Lease Provisions. (1) Borrower shall use a rental lease form approved by the County Manager or his her designee. The rental lease form shall comply with all requirements of this Agreement and the AHIF Loan Documents and shall, among other matters:
(i) provide for termination of the lease for failure: (A) to provide any information required under this Agreement or reasonably requested by the Borrower to establish or recertify the Tenant’s qualification, or the qualification of the Tenant’s household, for occupancy in the Property in accordance with the standards set forth in this Agreement, or (B) to qualify as a Moderate-, Low-, or Very Low- or Low-Income Household as a result of any material misrepresentation made by such Tenant with respect to the income computation or certification;
(ii) provide that residents of all Income-Restricted Units have full access to all amenities provided to other residents of the Property, if any, subject to the rules, regulations and conditions (including fees) governing the use of these facilities for all other Tenants as reasonably established by the Borrower;
(iii) be for a term of not less than one (1) year, and provide for no rent increase during such year other than as permitted by federal regulations. Borrower will provide each Tenant with at least thirty (30) days’ written notice of any increase in rent applicable to such Tenant, and with such further notice as may be required by Section 4.04(a) above; and
(iv) include the nondiscrimination language required pursuant to
Appears in 1 contract
Samples: Loan Agreement