Common use of Project Need Clause in Contracts

Project Need. This funding will secure resources for the Subrecipient’s single-family housing rehabilitation program known as the Home Enhancement Loan Program or HELP II (the “Program”). This existing and successful Program provides forgivable loans to income eligible homeowners in order to make required home improvements. The Program serves to fulfill the priority goal of preserving affordable housing opportunities for qualified area homeowners and facilitates the preservation of neighborhoods.

Project Need. This funding will secure resources for the Subrecipient’s single-family housing rehabilitation program known as the Home Enhancement Loan Program or HELP II (the “Program”). This existing and successful Program provides forgivable loans to income eligible homeowners in order to make required home improvements. The Program serves to fulfill the priority goal of preserving affordable housing opportunities for qualified area homeowners homeowners, and facilitates the preservation of neighborhoods.

Project Need. This funding will secure resources for the Subrecipient’s single-family housing rehabilitation program known as the Home Enhancement Loan Program or HELP II (the “Program”). This existing and successful Program provides forgivable loans to income eligible homeowners in order to make required home improvements. The Program serves to fulfill the priority goal of preserving affordable housing opportunities for qualified area homeowners homeowners, and facilitates the preservation of neighborhoods.of