INSTRUCTIONS: For use in connection with awards of Green and Resilient Retrofit Program when required by HUD Counsel or when the GRRP Use Agreement is recorded after other financial liens. HUD Notice 2023-5 requires that the GRRP Use Agreement must be...December 5th, 2023
FiledDecember 5th, 2023This Agreement to Subordinate to the Green and Resilient Retrofit Program (GRRP) Rental Use Agreement (the “Subordination”) is entered into this ________________________(date), by the [insert lender(s) or agency] (the “Lender” or “Agency”), and [insert Project Owner] (the “Project Owner”), collectively, the “Parties.”