Examples of Eligible Tenants in a sentence
The Borrower shall not discontinue the operation of the Property as residential rental units for Eligible Tenants.
At all times following the completion of the Improvements, the Borrower shall operate the Improvements as residential rental units for occupancy by Eligible Tenants.
During the term of the loan, at all times following the completion of the Improvements of 80 affordable units, the Borrower shall operate those Improvements as residential rental units for occupancy by Eligible Tenants.
If no Eligible Tenants are identified within a reasonable period of time, as determined by the Grantee, the Owner may lease the unit to families which are not eligible for the PRA Program; this household is not entitled to the benefit of the rental assistance.
The Owner shall transmit Eligible Tenant's certification and recertification data, transmit voucher data, and communicate errors electronically in a form consistent with HUD reporting requirements for HUD Secure Systems.