District Agency definition
Examples of District Agency in a sentence
The fine amount shall continue to be paid until the owner provides proof satisfactory to the District Agency that the rental payment has been reduced to the Maximum Allowable Rent.
All notices to be sent to the District Agency shall be sent to the following address: DISTRICT AGENCY: Department of Housing and Community Development 1909 ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇.
The purchasing Inclusionary Unit Owner shall submit to the District Agency within seventeen (17) days after the closing on the Sale of any For Sale Inclusionary Unit a final executed HUD settlement statement and a copy of the deed recorded in the Land Records, including the Declaration of Eligibility and Certification of Income, Affordability, and Housing Size.
The District Agency may extend the cure period in its sole discretion.
The certification shall be submitted on or with such form as may be prescribed by District Agency.
By execution of a deed for the For Sale Inclusionary Unit, the Inclusionary Development Owner, for initial Sales, and the Inclusionary Unit Owner, for subsequent Sales, shall be deemed to represent and warrant to, and agree with, the District Agency and, if applicable, the title company, each of whom may rely on the following: that (i) the purchaser is a Qualified Purchaser at the Designated Affordability Level, and (ii) the sale price satisfies the terms of this Covenant and the IZ Laws.
If a violation occurs under this Covenant or the IZ Laws, the District Agency shall provide the Owner with written notice setting forth with particularity the alleged violation and shall provide at least thirty (30) days to cure the alleged violation, prior to the District Agency declaring an event of default and exercising its remedies.
Any notices given under this Covenant shall be in writing and delivered by certified mail (return receipt requested, postage pre-paid), by hand, or by reputable private overnight commercial courier service to the applicable Person at the addresses identified in this Article, or to such other persons or locations as may be designated by the District Agency or Owner from time to time.
In accordance with the IZ Implementation Regulations, the Inclusionary Unit Owner shall submit to the District Agency annually on the anniversary of the closing date for a For Sale Inclusionary Unit, a certification that it continues to occupy the For Sale Inclusionary Unit as its principal residence.
The Inclusionary Development Owner shall provide an annual report (“Annual Report”) to the District Agency regarding the Rental Inclusionary Units, which shall be prepared and submitted in accordance with the IZ Implementation Regulations.