Common Contracts
1 similar Affordable Housing Program Subsidy Agreement contracts
ContractAffordable Housing Program Subsidy Agreement • November 10th, 2020 • Iowa
The Federal Home Loan Bank of Des Moines ("Bank"), ("member"), ("project sponsor"), and (“project owner”) enter into this Affordable Housing Program Subsidy Agreement For Rental Project (“Agreement”), effective December 12, 2019 which sets forth the respective duties and obligations of the Bank, member, project sponsor and project owner with regard to the approval and funding of the member's Affordable Housing Program (“AHP”) Application ("Application") by the Bank. Throughout this Agreement, the term “AHP Subsidy” or “subsidy” means the funds awarded by the Bank under this Agreement.
