Affordable Housing Development and Ground Lease Option AgreementAffordable Housing Development and Ground Lease Option Agreement • November 4th, 2020
Contract Type FiledNovember 4th, 2020This Affordable Housing Development and Ground Lease Option Agreement (“Agreement”) is made and entered into as of the Effective Date (as defined in Article 17), by and between EAST EDINA HOUSING FOUNDATION, a Minnesota nonprofit corporation (the “Foundation”), and LUPE DEVELOPMENT PARTNERS, LLC, a Minnesota limited liability company (“Lupe”), and ECUMEN, a Minnesota nonprofit corporation (“Ecumen”, and together with Lupe, or their successor or assign permitted under Article 13 of this Agreement, jointly, severally, and collectively, “Developer”).