Xxxxxxxxx Ridge Replacement Funds. In satisfaction of the April 5, 2002 Stipulation and Order in this Action (Docket No. 325), the Local Parties will make available the sum of $7,140,000 (“Replacement Funds”). The Replacement Funds will be used in conjunction with FY 1996 HOPE VI Funds originally awarded to HABC for Xxxxxxxxx Ridge (“HOPE VI Funds”) to develop one or more scattered site projects totaling approximately 100 units, substantially as described in HABC Executive Director Xxxx Xxxxxxxx’x August 5, 2011 letter to HUD, which is included as Exhibit B to this Agreement (the “Deeply Subsidized Units”).
Appears in 5 contracts
Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement
