Common use of Long-Term Occupancy Requirements Clause in Contracts

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. Developer shall designate, at a minimum, forty-one (41) (51%) of the eighty (80) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 3 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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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. Developer shall designate, at a minimum, fortyseventy-one two (4172) (51%) of the eighty one hundred forty- one (80141) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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. Developer shall designate, at a minimum, fortyfifty-one four (4154) (51%) of the eighty one hundred and four (80104) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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. Developer shall designate, at a minimum, fortythirty-one nine (4139) (51%) of the eighty seventy-six (8076) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, forty-one thirteen (4113) (51%) of the eighty twenty-four (8024) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, fortyeighty-one two (4182) (51%) of the eighty one hundred sixty (80160) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, fortythirty-one six (4136) (51%) of the eighty sixty-nine (8069) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, fortytwenty-one six (4126) (51%) of the eighty fifty (8050) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, forty-one fourteen (4114) (51%) of the eighty twenty-six (8026) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, forty-one hundred seven (41107) (51%) of the eighty two hundred nine (80209) total Units as Qualifying Units to be occupied by Low- to Moderate-Moderate- Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, forty-one eighty (4180) (51%) of the eighty one hundred fifty-six (80156) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, fortytwenty-one nine (4129) (51%) of the eighty fifty-six (8056) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, forty-one six (416) (51%) of the eighty ten (8010) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, forty-one three (4143) (51%) of the eighty eighty-four (8084) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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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. Developer shall designate, at a minimum, fortyfifty-one (4151) (51%) of the eighty one hundred (80100) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, forty-one seven (417) (51%) of the eighty thirteen (8013) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, fortytwenty-one three (4123) (51%) of the eighty forty-four (8044) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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 for the later duration 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 PropertyTerm. Developer shall designate, at a minimum, forty-one has designated Number (41) (51%#) of the eighty Number (80#) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, fortyone hundred twenty-one two (41122) (51%) of the eighty two hundred thirty-eight (80238) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, forty-one twelve (4112) (51%) of the eighty twenty-two (8022) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, fortyfifty-one six (4156) (51%) of the eighty one hundred eight (80108) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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. Developer shall designate, at a minimum, fortytwenty-one (4121) (51%) of the eighty forty (8040) total Units as Qualifying Units to be occupied by Low- to Moderate-Income Households.

Appears in 1 contract

Samples: Grant Agreement

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