Long-Term Occupancy Requirements Sample Clauses

Long-Term Occupancy Requirements. Notwithstanding anything herein to the contrary, Developer must use, at a minimum, 51% of the total number of Units for affordable rental housing for Low- to Moderate-Income Households at the later of the time of occupancy of the Property or the time when funds are invested pursuant to the CDBG-DR Program in connection with the Property. Attachment G GLO Contract No. 20-063-002-B924 Developer shall designate, at a minimum, one hundred seven (107) (51%) of the two hundred nine (209) total Units as Qualifying Units to be occupied by Low- to Moderate- Income Households.
AutoNDA by SimpleDocs
Long-Term Occupancy Requirements. Notwithstanding anything herein to the contrary, at the time of occupancy of the Property or the time funds are invested pursuant to CDBG Program in connection with the Property, whichever is later, Developer must make, at a minimum, 51% of the total number of units must be used for affordable rental housing for low- and moderate-income persons or households earning 80% or less of the Area Median Family Income.
Long-Term Occupancy Requirements. Notwithstanding anything herein to the contrary, Developer must use, at a minimum, 51% of the total number of Units for affordable rental housing for Low- to Moderate-Income Households for the duration of the Term. Developer has designated Number (#) of the Number (#) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.
Long-Term Occupancy Requirements. Pursuant to the XXXX and subsection (a) of this Section 6.1 of the Contract, during the Contract Period or XXXX Term, whichever period is longer, following the initial occupancy period, Development Owner will make available for occupancy to: Extremely Low Income Families whose Annual Incomes do not exceed thirty percent (30%) of the Area Median Income the ■ [floating][fixed] Units of the Qualifying Units.
Long-Term Occupancy Requirements. Pursuant to subsection (a) of this Section 6.1 of the Contract and the XXXX, during the Contract Period or Affordability Period, whichever period is longer, following the initial occupancy period, Development Owner will make available for occupancy to: Low Income Families whose Annual Incomes do not exceed eighty percent (80%) of the Area Median Income not less than ■ [floating][fixed] [■OPTIONAL IF FIXED UNITS- Qualifying] Units of the Qualifying Units; Low Income Families whose Annual Incomes do not exceed sixty percent (60%) of the Area Median Income not less than■ [floating][fixed] [■OPTIONAL IF FIXED UNITS- Qualifying] Units of the Qualifying Units; Very Low Income Families whose Annual Incomes do not exceed fifty percent (50%) of the Area Median Income not less than ■ [floating][fixed] [■OPTIONAL IF FIXED UNITS-Qualifying] Units of the Qualifying Units; Very Low Income Families whose Annual Incomes do not exceed forty percent (40%) of the Area Median Income not less than ■ [floating][fixed] [■OPTIONAL IF FIXED UNITS-Qualifying] Units of the Qualifying Units; and Extremely Low Income Families whose Annual Incomes do not exceed thirty percent (30%) of the Area Median Income the remaining ■ [■OPTIONAL IF FIXED UNITS- Qualifying] Units of the Qualifying Units ■ [floating][fixed] [and the Qualifying Units cannot be Units that have other rental assistance except if no other Unit is available for an applicant with a tenant-based voucher]; .

Related to Long-Term Occupancy Requirements

  • Occupancy Requirements Residence hall space may be occupied only by the student with whom this agreement is made. The agreement may not be assigned, and residence hall space may not be sublet, rented to, or otherwise shared with or another person. a Guest Limitations: Students are responsible for the actions and any damages incurred by their guests.

  • DISPOSAL COMPLETION Purchaser shall remove organic debris from the road surface, ditchlines, and culvert inlets and outlets. Purchaser shall complete all disposal of organic debris before the application of rock.

  • Accessibility Requirements Under Tex. Gov’t Code Chapter 2054, Subchapter M, and implementing rules of the Texas Department of Information Resources, the System Agency must procure Products and services that comply with the Accessibility Standards when those Products are available in the commercial marketplace or when those Products are developed in response to a procurement solicitation. Accordingly, Grantee must provide electronic and information resources and associated Product documentation and technical support that comply with the Accessibility Standards.

  • Occupancy Restrictions For the purpose of satisfying the requirements of Section 42 of the Code, at least for the Qualified Project Period, the Owner hereby represents, covenants and agrees as follows:

  • Facility Requirements 1. Maintain wheelchair accessibility to program activities according to governing law, including the Americans With Disabilities Act (ADA), as applicable.

  • Residency Requirements 1. All single first-year freshmen students are required to live in University housing for at least two academic semesters. All single students who have earned less than 30 credit hours and have not resided in University housing for two academic semesters are required to live on campus for two academic semesters. This policy does not apply to single first-year students who have been out of high school for more than one year, or to single first-year freshmen who live with their parents in Miami-Dade or Broward Counties. Neither does it apply to those students who, for disciplinary or administrative reasons, may be denied the privilege of continued residency on campus.

  • Residency Requirement All students in baccalaureate degree programs must earn the following from the University of Maine at Farmington:

  • Minimum Insurance Requirements Contractor shall procure and maintain for the duration of the contract insurance against claims for injuries or death to persons or damages to property which may arise from or in connection with the performance of the work hereunder and the results of that work by the Contractor, his agents, representatives, employees or sub-contractors. Coverage - Coverage shall be at least as broad as the following:

  • Federal Medicaid System Security Requirements Compliance Party shall provide a security plan, risk assessment, and security controls review document within three months of the start date of this Agreement (and update it annually thereafter) in order to support audit compliance with 45 CFR 95.621 subpart F, ADP System Security Requirements and Review Process.

  • City Requirements Design, construction, materials, sizing, other specifications, permitting, inspections, testing, documentation and furnishing of as-built drawings, and acceptance of completed infrastructure shall be in accordance with City Requirements. Design and construction shall be by professionals licensed in the state of North Carolina to do the relevant work. City approval of the design of the Improvements shall be required prior to construction, as set forth in City Requirements. If Developer is connecting to the County sewer system, the City may require Developer to furnish the contract providing for such connection.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!