Common Contracts

1 similar Performance and Completion Guaranty contracts

This is a model form, but not a required HUD form. Within this model form is HUD-required language (in bold-face type) which must be included in any Performance and Completion Guaranty in a mixed-finance transaction. HUD- required language may not be...
Performance and Completion Guaranty • March 25th, 2021

WHEREAS, the Authority has agreed to provide to [8] (the “ [9] ”) a duly organized and existing [10] having its address at [11] a loan of [12] in the amount of [13] ($ [13] ) (the “Authority Loan”) for the development of [14] public housing units and associated appurtenances (hereafter referred to as the “Project”), which is part of a larger complex known as [15] to be located at [16] (the “Development”); and

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