Common use of Set-Asides Clause in Contracts

Set-Asides. Amounts in the 2018 Series C subaccount of the Acquisition Account may be reserved for designated periods for (1) the purchase of 2018 Series C GNMA MBS backed by Mortgage Loans on Residential Housing located within designated areas within the State, (2) Eligible Borrowers meeting designated requirements and (3) Residential Housing meeting designated requirements, all as may be set forth in the Authority’s Program directives from time to time.

Set-Asides. Amounts in the 2018 2024 Series C F subaccount of the Acquisition Account may be reserved for designated periods for (1) the purchase of 2018 2024 Series C F GNMA MBS Certificates backed by 2024 Series F Mortgage Loans on Residential Housing located within designated areas within the State, (2) Eligible Borrowers meeting designated requirements and (3) Residential Housing meeting designated requirements, all as may be set forth in the Authority’s Program directives from time to time.

Set-Asides. Amounts in the 2018 2024 Series C subaccount of the Acquisition Account may be reserved for designated periods for (1) the purchase of 2018 2024 Series C GNMA MBS Certificates backed by 2024 Series C Mortgage Loans on Residential Housing located within designated areas within the State, (2) Eligible Borrowers meeting designated requirements and (3) Residential Housing meeting designated requirements, all as may be set forth in the Authority’s Program directives from time to time.

Set-Asides. Amounts in the 2018 2023 Series C OP subaccount of the Acquisition Account may be reserved for designated periods for (1) the purchase of 2018 2023 Series C OP GNMA MBS Certificates backed by 2023 Series OP Mortgage Loans on Residential Housing located within designated areas within the State, (2) Eligible Borrowers meeting designated requirements and (3) Residential Housing meeting designated requirements, all as may be set forth in the Authority’s Program directives from time to time.

Set-Asides. Amounts in the 2018 2024 Series C A subaccount of the Acquisition Account may be reserved for designated periods for (1) the purchase of 2018 2024 Series C A GNMA MBS Certificates backed by 2024 Series A Mortgage Loans on Residential Housing located within designated areas within the State, (2) Eligible Borrowers meeting designated requirements and (3) Residential Housing meeting designated requirements, all as may be set forth in the Authority’s Program directives from time to time.

Set-Asides. Amounts in the 2018 2024 Series C D subaccount of the Acquisition Account may be reserved for designated periods for (1) the purchase of 2018 2024 Series C D GNMA MBS Certificates backed by 2024 Series D Mortgage Loans on Residential Housing located within designated areas within the State, (2) Eligible Borrowers meeting designated requirements and (3) Residential Housing meeting designated requirements, all as may be set forth in the Authority’s Program directives from time to time.

Set-Asides. Amounts in the 2018 2023 Series C N subaccount of the Acquisition Account may be reserved for designated periods for (1) the purchase of 2018 2023 Series C N GNMA MBS Certificates backed by 2023 Series N Mortgage Loans on Residential Housing located within designated areas within the State, (2) Eligible Borrowers meeting designated requirements and (3) Residential Housing meeting designated requirements, all as may be set forth in the Authority’s Program directives from time to time.

Set-Asides. Amounts in the 2018 2024 Series C B subaccount of the Acquisition Account may be reserved for designated periods for (1) the purchase of 2018 2024 Series C B GNMA MBS Certificates backed by 2024 Series B Mortgage Loans on Residential Housing located within designated areas within the State, (2) Eligible Borrowers meeting designated requirements and (3) Residential Housing meeting designated requirements, all as may be set forth in the Authority’s Program directives from time to time.