Common use of Tax Credit Properties Clause in Contracts

Tax Credit Properties. 1. Choose only the applicable one: (a) Modifications to Multifamily Loan and Security Agreement – Addenda to Schedule 2 – Summary of Loan Terms (Tax Credit Properties) (6102.03). (b) Modifications to Multifamily Loan and Security Agreement – Addenda to Schedule 2 – Summary of Loan Terms (Tax Credit Properties – No Equity Investor) (6102.03.ALT). 2. Choose only the applicable one: (a) Modifications to Multifamily Loan and Security Agreement (Tax Credit Properties) (6219). (b) Modifications to Multifamily Loan and Security Agreement (Tax Credit Properties – No Equity Investor) (6219.ALT). 3. Modifications to Security Instrument (Tax Credit Properties) (6315). 4. For use when the Mortgaged Property is encumbered by an agency regulatory agreement or recorded use restriction under which all or a portion of the residential units are restricted for occupancy by tenants with limited incomes and which restricts the rents that can be charged for those units: (a) Modifications to Multifamily Loan and Security Agreement – Addenda to Schedule 2 – Summary of Loan Terms (Rent Restriction Agreement - Scorecard Exclusions for Affordable Housing) (6102.23). (b) Modifications to Multifamily Loan and Security Agreement (Rent Restriction Agreement - Scorecard Exclusions for Affordable Housing) (6253).