Regulatory Agreement and Declaration of Restrictive Covenants Sample Contracts

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • May 5th, 2020 • California

COVENANTS (as supplemented and amended from time to time, this “Regulatory Agreement”) is made and entered into as of May 1, 2010, by and among the CITY OF SAN JOSE, CALIFORNIA, a municipal corporation and charter city organized and existing under its Charter and the laws of the State of California (together with any successor to its rights, duties and obligations, the “Issuer”), WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as trustee (together with any successor thereto, the “Trustee”) under the Indenture (as hereinafter defined), and FOURTH STREET APARTMENTS, L.P., a California limited partnership (together with any successor to its rights, duties and obligations hereunder and as lessee of the Project identified herein, the “Owner”).

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RECORDING REQUESTED BY AND ) WHEN RECORDED MAIL TO: )
Regulatory Agreement and Declaration of Restrictive Covenants • January 21st, 2021 • California

This document is recorded for the benefit of the Independent Cities Finance Authority, and the recording is fee exempt under Section 27383 of the Government Code.

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • May 19th, 2022

(as supplemented and amended from time to time, this “Agreement” or this “Regulatory Agreement”), dated as of June 1, 2016, is by and between the COUNTY OF CONTRA COSTA, CALIFORNIA, a political subdivision and body corporate and politic of the State of California (together with any successor to its rights, duties and obligations, the “Governmental Lender”), and VL, L.P., a California limited partnership (together with any successor to its rights, duties and obligations hereunder, the “Borrower”).

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • September 24th, 2021 • California

This Regulatory Agreement and Declaration of Restrictive Covenants pertains to the 32 units of multifamily rental housing located at 35, 45, 101, 103, 104, 105, 106 and 107 West 20th Street in Antioch, California, known as Terrace Glen Apartments.

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • April 28th, 2023 • California
REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • October 20th, 2020 • California

COVENANTS (as supplemented and amended from time to time, this “Regulatory Agreement”) is made and entered into as of October 1, 2020, by and among the CITY OF SAN JOSE, CALIFORNIA, a municipal corporation and charter city organized and existing under its Charter and the laws of the State of California (together with any successor to its rights, duties and obligations, the “Governmental Lender”), U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as Fiscal Agent (together with any successor thereto, the “Fiscal Agent”) under each Funding Loan Agreement (as hereinafter defined), and PAGE STREET, L.P., a California limited partnership (together with any successor to its rights, duties and obligations hereunder and as lessee of the Project identified herein, the “Owner”).

REGULATORY AGREEMENT
Regulatory Agreement and Declaration of Restrictive Covenants • October 1st, 2020 • California
REGULATORY AGREEMENT AND
Regulatory Agreement and Declaration of Restrictive Covenants • January 11th, 2023 • Massachusetts

This Regulatory Agreement and Declaration of Restrictive Covenants (this “Agreement”) is made this day of , 20 , by and among the Commonwealth of Massachusetts, acting by and throuh the Department of Housing and Community Development (“DHCD”) pursuant to G.L. c.23B §1 as amended by Chapter 19 of the Acts of 2007, the Town of Medfield, a Massachusetts municipality (the “Municipality”), and [TRINITY ENTITY], a Massachusetts limited liability company, having an address at 75 Federal Street, 4th Floor, Boston, MA 02110, and its successors and assigns (“Developer”).

REGULATORY AGREEMENT
Regulatory Agreement and Declaration of Restrictive Covenants • March 14th, 2024 • California

RESTRICTIVE COVENANTS (the "Regulatory Agreement" or "Agreement") is made and entered into as of 2024, by and between the [ORANGE COUNTY HOUSING AUTHORITY, a public corporation created pursuant to California Health and Safety Code section 34200 et. seq., acting solely as the Housing Successor Agency to the Orange County Development Agency] [COUNTY OF ORANGE, a political subdivision of the State of California] (the "County") and [XXXXX] (the "Borrower").

REGULATORY AGREEMENT AND
Regulatory Agreement and Declaration of Restrictive Covenants • April 2nd, 2024 • Massachusetts

This Regulatory Agreement and Declaration of Restrictive Covenants (the "Agreement") is made this day of , 2024 by and among the Commonwealth of Massachusetts, acting by and through the Executive Office of Housing and Livable Communities ("EOHLC") pursuant to G.L. c.23B §1 as amended by Chapter 7 of the Acts of 2023, the town of Chelmsford ("the Municipality"), J & C Management Limited Partnership, a Massachusetts Limited Partnership having an address at Parlmont Park, Building 10, North Billerica, MA 01862, and its successors and assigns ("Developer").

AMENDED AND RESTATED REGULATORY AGREEMENT
Regulatory Agreement and Declaration of Restrictive Covenants • May 7th, 2024 • California

COUNTY HOUSING AUTHORITY, a public corporation created pursuant to California Health and Safety Code section 34200 et. seq., acting solely as the Housing Successor Agency to the Orange County Development Agency ("County"), and AMISTAD HOUSING PARTNERS I LP, a California limited partnership (the "Borrower").

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • May 5th, 2020

COVENANTS (as supplemented and amended from time to time, this “Regulatory Agreement”) is made and entered into as of October 1, 2014, by and among the CITY OF SAN JOSE, CALIFORNIA, a municipal corporation and charter city organized and existing under its Charter and the laws of the State of California (together with any successor to its rights, duties and obligations, the “Issuer”), WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as trustee (together with any successor thereto, the “Trustee”) under the Indenture (as hereinafter defined), and PARKVIEW SENIOR EAH II, L.P., a California limited partnership (together with any successor to its rights, duties and obligations hereunder and as lessee of the Project identified herein, the “Owner”).

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • October 22nd, 2019 • California

This Regulatory Agreement and Declaration of Restrictive Covenants (the " Regulatory Agreement") is dated April 1, 2019 and is between the County of Contra Costa, a political subdivision of the State of California (the "County"), and Chesley Avenue Limited Partnership, a California limited partnership ("Borrower").

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • September 9th, 2020 • California

This Regulatory Agreement and Declaration of Restrictive Covenants ("Agreement") is dated as of ,2020, and is by and between the County of Contra Costa, a political subdivision of the State of California ("County"), and West County MHSA, LLC, a California limited liability company ("Grantee").

AMENDED AND RESTATED REGULATORY AGREEMENT AND
Regulatory Agreement and Declaration of Restrictive Covenants • March 20th, 2023 • California

WHEREAS, pursuant to Chapter 1 of Part 2 of Division 24 of the California Health and Safety Code (as amended, the “Housing Law”), the Owner previously requested and received a funding loan (the “2020 Funding Loan”) pursuant to that certain Funding Loan Agreement, by and among the Citibank, N.A. (the “Funding Lender”), the Governmental Lender and U.S. Bank Trust Company, National Association, formerly known as U.S. Bank National Association, as fiscal agent (the “Fiscal Agent”), dated as of December 1, 2020 (the “2020 Funding Loan Agreement”), which was used to make a borrower loan (the “2020 Borrower Loan”) made pursuant to that certain Borrower Loan Agreement, by and between the Governmental Lender and the Borrower, dated as of December 1, 2020 (the “2020 Borrower Loan Agreement”), to finance a 173 unit plus 2 manager’s units multifamily rental housing project known as “Otay Ranch Apartments” located on the real property site described in Exhibit A hereto (as further described herein,

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • September 23rd, 2021 • California

WHEREAS, pursuant to Chapter 5 of Division 7 of Title 1 of the California Government Code (the “Act”), the Owner proposes to issue its Essential Housing Senior Lien Revenue Bonds, Series 2021A-1 (1818 Platinum Triangle-Anaheim) (Social Bonds) (the “Series 2021A-1 Bonds”), its Essential Housing Senior Lien Revenue Bonds, Series 2021A-2 (1818 Platinum Triangle- Anaheim) (Social Bonds) (the “Series 2021A-2 Bonds” and, together with the Series 2021A-1 Bonds, the “Series 2021A Bonds”), its Essential Housing Mezzanine Lien Revenue Bonds, Series 2021B (1818 Platinum Triangle-Anaheim) (Social Bonds) (the “Series 2021B Bonds”) and its Essential Housing Subordinate Lien Revenue Bonds, Series 2021C (1818 Platinum Triangle- Anaheim) (the “Series 2021C Bonds” and, together with the Series 2021A Bonds and the Series 2021B Bonds, the “Bonds”) pursuant to a Trust Indenture, dated as of August 1, 2021 (as supplemented and amended from time to time, the “Indenture”), between the Owner and the Trustee;

FIRST AMENDMENT TO
Regulatory Agreement and Declaration of Restrictive Covenants • August 9th, 2010

This FIRST AMENDMENT to the Regulatory Agreement and Declaration of Restrictive Covenants is made by and among the Commonwealth of Massachusetts, acting by and through the Department of Housing and Community Development ("DHCD"), pursuant to Chapter 19 of the Acts of 2007, the Town of Marshfield (“the Municipality"), and Kevin P. Sealund, as Trustee of North Triangle Realty Trust, under a declaration of trust dated May 15, 1987 and recorded with the Plymouth County Registry of Deeds in Book 7704, Page 305, having an address at 794 Washington Street, Pembroke, MA 02359, and its successors and assigns ("Project Sponsor").

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • September 7th, 2010 • California

This Regulatory Agreement and Declaration of Restrictive Covenants (the "Agreement") is dated September 1, 2010, and is between the County of Contra Costa, a political subdivision of the State of California (the "County"), and BRIDGE Regional Partners, Inc., a California nonprofit public benefit corporation ("Borrower").

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • November 19th, 2013 • California

This Regulatory Agreement and Declaration of Restrictive Covenants (the "Agreement") is dated , 2013 and is between the County of Contra Costa, a political subdivision of the State of California (the "County"), and 1550 Third, L.P., a California limited partnership ("Borrower").

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • March 16th, 2016 • California

This Regulatory Agreement and Declaration of Restrictive Covenants (the "Agreement") is dated March , 2016 and is between the County of Contra Costa, a political subdivision of the State of California (the "County"), and EB, LP, a California limited partnership ("Borrower").

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • June 9th, 2010 • California

COVENANTS (as supplemented and amended from time to time, this “Regulatory Agreement”) is made and entered into as of July 1, 2010, by and among the CITY OF SAN JOSE, CALIFORNIA, a municipal corporation and charter city organized and existing under its Charter and the laws of the State of California (together with any successor to its rights, duties and obligations, the “Issuer”), WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as trustee under the Indenture described below (together with any successor trustee under the said Indenture, the “Trustee”), and ORVIETO FAMILY APARTMENTS, L.P., a California limited partnership (together with any successor to its rights, duties and obligations hereunder and as owner of the Project identified herein, the “Borrower”).

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • February 11th, 2019 • California

This Regulatory Agreement and Declaration of Restrictive Covenants (the "Agreement") is dated , 20 , and is between the County of Contra Costa, a political subdivision of the State of California (the "County"), and Richmond Neighborhood Housing Services, a California nonprofit public benefit corporation ("Borrower").

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REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • November 20th, 2024 • California
REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • January 11th, 2012 • California

This Regulatory Agreement and Declaration of Restrictive Covenants (the "Agreement") is dated January , 2012 and is between the County of Contra Costa, a political subdivision of the State of California (the "County"), and Robin Lane LLC, a California limited liability company ("Borrower").

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • April 26th, 2022 • California

This Regulatory Agreement and Declaration of Restrictive Covenants (the "Regulatory Agreement") is dated May 1, 2022 and is between the County of Contra Costa, a political subdivision of the State of California (the "County"), and Sycamore Place Senior Housing, L.P., a California limited partnership ("Borrower").

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • March 4th, 2014 • California

Contra Costa, a political subdivision of the State of California (the "County"), and Resources for Community Development, a California nonprofit public benefit corporation ("Borrower").

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • April 6th, 2017 • California

COVENANTS (as supplemented and amended from time to time, this “Regulatory Agreement”) is made and entered into as of [ 1], 2017, by and among the CITY OF SAN JOSÉ, CALIFORNIA, a municipal corporation and charter city organized and existing under its charter and the laws of the State of California (together with any successor to its rights, duties and obligations, the “Issuer”), U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as fiscal agent for the Senior Issuer Notes and as trustee for the Junior Bonds, as defined herein (collectively the “Fiscal Agent/Trustee”), and BURNHAM VDG VENTURE LP, a California limited partnership (together with any successor to its rights, duties and obligations hereunder and as owner of the Project identified herein, the “Owner”).

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • October 8th, 2012 • California

This Regulatory Agreement and Declaration of Restrictive Covenants (the "Agreement") is made and entered into as of January , 2012, by and between the County of Alameda, a political subdivision of the State of California ("County"), and PROJECT NAME, L.P., a California limited partnership ("Borrower").

REGULATORY AGREEMENT
Regulatory Agreement and Declaration of Restrictive Covenants • November 3rd, 2020 • California

COVENANTS (this “Agreement” or this “Regulatory Agreement”) is made, entered into and dated as of [ ] 1, 2015 by and among the CITY OF LOS ANGELES, a charter city and municipal corporation in the State of California (together with any successor to its rights, duties and obligations, the “Issuer” or the “City”), [TRUSTEE], a national banking association in its capacity as trustee (the “Trustee”) under the Indenture of Trust dated as of [ ] 1, 2015 (the “Indenture”) by and between the Issuer and the Trustee, with an office in Los Angeles, California, and LEASTER APARTMENTS, L.P., a California limited partnership (the “Borrower”).

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS -- INCLUSIONARY HOUSING
Regulatory Agreement and Declaration of Restrictive Covenants • December 9th, 2011 • California

This Regulatory Agreement and Declaration of Restrictive Covenants (the "Agreement") is entered into as of this day of , 2010, by and between the City of Albany, a municipal corporation (the "City"), and Portland Gardens LLC, a California limited liability company (the "Owner") (collectively the "Parties"), with reference to the following facts:

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS (CITY)
Regulatory Agreement and Declaration of Restrictive Covenants • May 16th, 2008 • California

This Regulatory Agreement and Declaration of Restrictive Covenants (this “Agreement”) is made as of this day of , 2008 by and between the City of Lompoc, a municipal corporation (the “Lender”), and College Park Housing Associates, a California Limited Partnership, (the “Owner”).

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • November 8th, 2016 • California

WHEREAS, the Issuer proposes to issue up to $[7,380,000] principal amount of its City of Oceanside Multifamily Housing Revenue Note (Villa Storia), 20016 Series A, (the “Note”), pursuant to Chapter 7 of Part 5 of Division 31 (commencing with Section 52075) of the Health and Safety Code of the State of California (the “Housing Act”), with the proceeds of the Note to be utilized to fund a loan to the Borrower pursuant to the terms of the Borrower Loan Agreement, dated as of December 1, 2016 (as supplemented and amended from time to time, the “Loan Agreement”), by and between the Issuer, and the Borrower, in order to enable the Borrower to finance the acquisition, construction and equipping of a multifamily rental housing development to be known as Villa Storia, consisting of 38 housing units (the “Project”) located in the City of Oceanside, County of San Diego, California, on the site described in Exhibit A hereto (the “Land”); and

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • November 16th, 2010 • California

This Regulatory Agreement and Declaration of Restrictive Covenants (the "Agreement") is dated December 8, 2010, and is between the County of Contra Costa, a political subdivision of the State of California (the "County"), and Future Colours Corp., a California nonprofit public benefit corporation ("Borrower").

REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS
Regulatory Agreement and Declaration of Restrictive Covenants • December 3rd, 2020 • California
LOCAL INITIATIVE PROGRAM REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS FOR RENTAL PROJECT Local Action Units
Regulatory Agreement and Declaration of Restrictive Covenants • August 19th, 2020 • Massachusetts

This Regulatory Agreement and Declaration of Restrictive Cove­nants (the "Agreement") is made this day of __________, 2012_ by and among the Commonwealth of Massachusetts, acting by and through the Department of Housing and Community Development ("DHCD") pursuant to G.L. c.23B §1 as amended by Chapter 19 of the Acts of 2007, the Town of Weston, Elderly Housing Committee, a committee of the Town of Weston authorized by Chapter 148 of the Acts of 1977, as amended (the “Developer") and the Weston Affordable Housing Trust (the “Restriction Holder”) and its successors and assigns.

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