Qualification as Affordable Housing Sample Clauses

Qualification as Affordable Housing. Developer shall use, manage and operate the Properties in accordance with the requirements of the NSP Program, the HOME Program, the CDBG program, including without limitation 24 CFR 92.252 so as to qualify the housing on the Properties as Affordable Housing.
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Qualification as Affordable Housing. During the Period of Affordability, HOME-assisted rental units shall be managed in accordance with regulations published at 24 CFR 92 Subpart F – Project Requirements. Affordability must be maintained using guidelines set in 24 CFR 24.292. Household income must be calculated in accordance with regulations published at 24 CFR Part 5, Subpart F.
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Qualification as Affordable Housing. Rental Housing. HOME-Assisted Units must be occupied only by households that are eligible as low-income families or very-low income families, all as defined in 24 CFR §92.2, and must meet the requirements to qualify as affordable housing pursuant to 24 CFR §92.252, as provided herein (“Affordability Requirements”).
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Qualification as Affordable Housing. Homeownership Housing. Each HOME- Assisted Unit must be sold to and occupied by households that are eligible as low- income families as defined in 24 CFR §92.2 and 24 CFR §92.217. Low-income families mean families whose annual incomes do not exceed 80 percent of the median income for the area, as determined by HUD, with adjustments for smaller and larger families and must meet the requirements to qualify as affordable homeownership housing pursuant to 24 CFR §92.254, as provided herein (“Affordability Requirements”). The Affordability Requirements as they pertain to the developer will be in the form of a deed of trust that will be recorded against the properties subjecting them to encumbrances totaling [total amount of HOME funds being provided for project]. The deed of trust shall be subordinate to construction financing, if applicable, and MDHA shall provide releases for individual properties when fee simple title is transferred to income-eligible homebuyers and developer has complied with all terms of this Agreement.
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Qualification as Affordable Housing. LESSEE agrees to make the units available for occupancy by low- and moderate-income tenants, who meet the HUD definition of low and moderate income, below 80 percent of Area Median Income. LESSEE will submit the information on tenant income in the annual report referenced in section 3.08 (C).
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Qualification as Affordable Housing. Any housing assisted with HOME Program funds must meet the affordability requirements of 24 C.F.R. § 92.252 or § 92.254, as applicable. Should any housing assisted with HOME Program funds under this Agreement not meet the affordability requirements as specified above, all HOME Program funds invested in such housing shall be repaid to CITY by DEVELOPER.
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Qualification as Affordable Housing. Developer shall develop the Site in accordance with the requirements of the HOME Program so as to qualify the housing on the Site as affordable housing.
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Qualification as Affordable Housing 
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Related to Qualification as Affordable Housing

  • Professional Qualifications It shall be a condition of continued professional employment that employees must apply for enrolment in their appropriate professional licensing body by the thirtieth day of continuous service.

  • Personnel Qualifications Contractor shall assign properly qualified and experienced personnel to the program contemplated under this Agreement, and Contractor shall use reasonable efforts to retain such personnel on Customer’s program for the duration of such program.

  • Staff Qualifications a) CONTRACTOR shall ensure that all individuals employed, contracted, and/or otherwise hired by CONTRACTOR to provide classroom and/or individualized instruction or related services hold a license, certificate, permit, or other document equivalent to that which staff in a public school are required to hold in the service rendered consistent with Education Code section 56366.1(n)(1) and are qualified pursuant to Title 5 of the California Code of Regulations sections 3064 and 3065.

  • General Qualifications General qualifications commonly required of all candidates for, appointees to, and employees in the classified service such as integrity, honesty, sobriety, dependability, industry, thoroughness, accuracy, good judgment, initiative, resourcefulness, courtesy, ability to work cooperatively with others, good health, and freedom from disabling defects, shall be deemed to be a part of the personal characteristics of the minimum qualifications of each class specification and need not be specifically set forth therein. The Commission may prescribe alternative or additional qualifications for individual classes and such qualifications also shall be deemed to be a part of the specifications for such classes.

  • PROFESSIONAL QUALIFICATIONS AND ASSIGNMENTS (In 2011, the Florida Legislature passed statutory changes eliminating the granting of new Professional Service Contracts and prohibiting the School Board from following the requirements outlined in Sections 14.1, 14.1-1, 14.1-2, and 14.1-3 of the contract below. These provisions are therefore placed in abeyance until all legal challenges have been resolved. All other Sections beginning with 14.2 remain in full force and effect.)

  • Promotions Requiring Higher Qualifications Consideration for promotion shall be given to the senior applicant who does not possess the required qualifications but is presently obtaining such qualifications prior to filling the vacancy. At the discretion of the Employer, such an employee may be given a trial period to qualify within a reasonable length of time and will revert to her former position if the required qualifications are not met within such time.

  • IRO Qualifications The IRO shall:

  • Driver Qualifications All drivers shall be trained and qualified in the operation of collection vehicles, and must have in effect a valid license, of the appropriate class, issued by the California Department of Motor Vehicles. Contractor shall use the Class II California Department of Motor Vehicles employer “Pull Notice Program” to monitor its drivers for safety.

  • Department of Housing and Urban Development This includes a HUD produced video titled “The Basics of the Fair Housing Act” which can be accessed via YouTube at xxxxx://xxx.xxxxxxx.xxx/watch?v=egXPe7HT7tc. Relief for Complainant

  • Employee Qualifications “The qualifications to be met by individuals to be employed by the school.” (Ed. Code § 47605(b)(5)(E).)

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