AFFORDABLE HOUSING PROGRAM DIRECT SUBSIDY AGREEMENT AND MEMORANDUM OF UNDERSTANDING – RENTAL PROJECTNew York • March 16th, 2015
Jurisdiction FiledMarch 16th, 2015This Affordable Housing Program Direct Subsidy Agreement and Memorandum of Understanding – Rental Project (the “Agreement”), is made by and among the Federal Home Loan Bank of New York (“FHLB-NY”),
AFFORDABLE HOUSING PROGRAM DIRECT SUBSIDY AGREEMENT AND MEMORANDUM OF UNDERSTANDING – OWNER-OCCUPIED PROJECTNew York • March 16th, 2015
Jurisdiction FiledMarch 16th, 2015This Affordable Housing Program (“AHP”) Direct Subsidy Agreement and Memorandum of Understanding – Owner- Occupied Project (the “Agreement”), is made by and among the Federal Home Loan Bank of New York (“FHLB- NY”), (the “Member”) and (the “Sponsor”), in connection with – # (the “Project”), as the Project is more fully described in a certain application (as such term is defined below in Paragraph (C) that the Member and the Sponsor submitted to the Affordable Housing Program (“AHP”) dated .