Examples of Affordable Housing Parcel in a sentence
The Agreement defined the Ouli Wells closing date as “the first to occur (if any) of the following dates: (a) the second to occur of the Affordable Housing Parcel Closing Date and the Residential Property Closing Date; (b) the provision by [DW] .
Subject to any such consent, nothing in this Section 5 shall limit the requirements of the Affordable Housing Program that a Declaration of Restrictions for For-Rent Affordable Housing Units be recorded against each For- Rent Affordable Residential Unit, that each For-Sale Affordable Residential Unit be sold to qualified members of the public using an Affordable Housing Parcel Deed, together with a Declaration of Restrictions for For-Sale Affordable Residential Unit and Option to Purchase Agreement.
With respect to Parcel 3 (the Affordable Housing Parcel), City Council shall have duly approved the disposition and conveyance of the parcel pursuant to the requirements of the Vancouver Municipal Code (“City Code”), which approval the Parties are working to obtain on or before the date set forth in the Schedule of Performance.
The Subdivision Map subdividing the Site into the Property and the Affordable Housing Parcel has been approved by the City and has been recorded or is ready to be recorded concurrently with the Close of Escrow.
City neither undertakes nor assumes any responsibility or duty to Declarant or to any third party with respect to the Affordable Housing Parcel or the Affordable Housing Project.