Mixed Finance Development Clause Samples

The Mixed Finance Development clause establishes the framework for developing a project using a combination of public and private funding sources. It typically outlines the roles and responsibilities of each party, the structure of financial contributions, and the mechanisms for coordinating between government agencies and private investors. For example, it may specify how federal grants, tax credits, and private equity are pooled to finance affordable housing developments. The core function of this clause is to facilitate collaboration between public and private entities, enabling projects that might not be feasible through a single funding source and ensuring that financial and operational risks are appropriately shared.
Mixed Finance Development. For each mixed finance phase of development of public housing rental units, the Grantee will enter into a Mixed-Finance ACC Amendment with HUD in accordance with 24 CFR part 941 subpart F or successor part.