Common use of Reviews by OHFA Clause in Contracts

Reviews by OHFA. OHFA may: (i) review the Annual Certifications, the Annual Report and the Quarterly Certifications submitted by Owner of a Development for compliance with the requirements of Code Section 42 and with the requirements of this Agreement; (ii) obtain from Owner and review the documentation of the Residents who have occupied the Low-Income Units within the certification period, including a copy of the annual Income Certification and the documentation Owner has received to support that Income Certification; and (iii) conduct a physical inspection of the Land, the Development, the Buildings, and each of the Housing Units to determine whether they comply with the requirements of this Agreement.

Appears in 5 contracts

Samples: Regulatory Agreement for Low Income Housing Tax Credits, Regulatory Agreement for Low Income Housing Tax Credits, Regulatory Agreement for Low Income Housing Tax Credits

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