Extended Use Agreement Sample Contracts

Extended Use Agreement Form “B”
Extended Use Agreement • March 29th, 2013

This agreement is made this day , by and between the City of Sand Springs, Oklahoma, a municipal corporation, hereinafter referred to as “CITY” and

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Contract
Extended Use Agreement • March 25th, 2011

Under IRC §42(h)(6), buildings are eligible for the low-income housing credit only if the owner has entered into an extended low-income housing commitment. The commitment is commonly known as the “extended use agreement.” The extended use agreement must be recorded pursuant to state law as a restrictive covenant. See Chapter 16 for additional detail.

Contract
Extended Use Agreement • November 17th, 2020
Contract
Extended Use Agreement • July 8th, 2010

PURPOSE AND EFFECT: The purpose of this Rule is to establish the procedures by which the Corporation shall: (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of affordable rental units under the State Apartment Incentive Loan (SAIL) Program authorized by Section 420.5087, Florida Statutes (F.S.), and the HOME Investment Partnerships (HOME) Program authorized by Section 420.5089, Florida Statutes; and (2) administer the Application process, determine Housing Credit (HC) amounts and implement the provisions of the Housing Credit Program authorized by Section 42 of the Code and Section 420.5099, Florida Statutes.

AGREED SCHEDULES TO THE AGREEMENT
Extended Use Agreement • October 12th, 2020 • England
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