SUBORDINATION AGREEMENTSubordination Agreement • May 7th, 2024
Contract Type FiledMay 7th, 2024THIS SUBORDINATION AGREEMENT (the "Agreement") is dated as of June 3, 2024, for reference purposes only, and is entered into by and among ORANGE COUNTY HOUSING AUTHORITY, a public corporation created pursuant to California Health and Safety Code section 34200 et. seq., acting solely as the Housing Successor Agency to the Orange County Development Agency pursuant to California Health and Safety Code section 34176 (the "Junior Lienholder"), JAMBOREE-TAL II HOUSING LP, a California limited partnership (the “Former Borrower”), and AMISTAD HOUSING PARTNERS II LP, a California limited partnership (the "Borrower"), and the Department of Housing and Community Development, a public agency of the State of California (the "Senior Lender").