Ongoing Property Condition Standards. Rental Housing. City has established property standards for rental housing (“City’s Property Standards”), which standards include all inspectable items and inspectable areas specified by HUD based on the HUD physical inspection procedures (Uniform Physical Condition Standards (UPCS)) prescribed by HUD pursuant to 24 CFR 5.705. Developer shall ensure that the Rental Project, including without limitation all Units, and all common areas and appurtenant improvements at Area A, shall comply with the City’s Property Standards throughout the Required Covenant. In accordance with the City’s Property Standards, Developer shall maintain the Rental Project, including all Units and common areas at Area A: (i) as decent, safe, and sanitary housing in good repair, (ii) free of all health and safety defects and life-threatening deficiencies, and (iii) in compliance with the lead-based paint requirements in 24 CFR Part 35.
Ongoing Property Condition Standards. Grantor shall maintain the Property as decent, safe, and sanitary housing in good repair. The Property shall:
Ongoing Property Condition Standards. Rental Housing. Authority has established property standards for rental housing (“Authority’s Property Standards”), which standards include all inspectable items and inspectable areas specified by HUD based on the HUD physical inspection procedures (Uniform Physical Condition Standards (UPCS)) prescribed by HUD pursuant to 24 CFR 5.705. Developer shall ensure that Phase II, including all Housing Units and common areas at the Site, shall comply with the Authority’s Property Standards throughout the Affordability Period. In accordance with the Authority’s Property Standards, Developer shall maintain Phase II, including all Housing Units and common areas at the Site: (i) as decent, safe, and sanitary housing in good repair, (ii) free of all health and safety defects and life-threatening deficiencies, and (iii) in compliance with the lead-based paint requirements in 24 CFR Part 35.
