Common use of Special Set-Asides or Commitments Clause in Contracts

Special Set-Asides or Commitments. In the event Applicant made a Commitment in the Application or otherwise that the Development will be subject to a special set-aside(s) or commitment, Owner shall, for each year in the Extended Use Period, operate the Development by renting the appropriate percentage of Housing Units to Residents who meet the eligibility requirements for the specific selected special set-aside(s) or commitment, as set forth in Exhibit “A”.

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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