This is HUD-required language which must be included in any Partnership Agreement or Limited Liability Company Agreement in a mixed-finance transaction. This language may not be changed except with prior written approval of HUD. MODEL FORM LIMITED...August 18th, 2020
FiledAugust 18th, 2020The following provisions must be inserted into any limited partnership agreement for the entity that will serve as the owner of a mixed finance development. (These provisions will need to be adapted for different types of legal structures, e.g., limited liability companies, etc.)