Operating Subsidy Regarding Public Housing Units Sample Clauses

Operating Subsidy Regarding Public Housing Units. The Authority and each Rental Owner Entity shall enter into a “Regulatory and Operating Agreementapproved by HUD that provides, among other things, for a methodology acceptable to HUD for distribution of operating subsidy received by the Authority that is attributable to the Public Housing Units in each Phase to the Rental Owner Entity and binding assurances that the number of Public Housing Units and number of bedrooms specified in the Mixed-Finance ACC Amendment will be maintained. Each Regulatory and Operating Agreement will contain the Authority’s commitment to make payments of Development Operating Subsidy to the Rental Phase Owner of each Rental Phase in each calendar year anticipated to be an amount equal to the lesser of:
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  • Creative Commons Attribution-Non-Commercial-NoDerivs License The Creative Commons Attribution Non-Commercial-NoDerivs License (CC-BY-NC-ND) permits use, distribution and reproduction in any medium, provided the original work is properly cited, is not used for commercial purposes and no modifications or adaptations are made. (see below) Use by commercial "for-profit" organizations Use of Wiley Open Access articles for commercial, promotional, or marketing purposes requires further explicit permission from Wiley and will be subject to a fee. Further details can be found on Wiley Online Library xxxx://xxxxxxx.xxxxx.xxx/WileyCDA/Section/id-410895.html Other Terms and Conditions:

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