MOHCD Director definition

MOHCD Director means the Director of the Mayor’s Office of Housing and Community Development, or the MOHCD Director’s designee’, and Line 20, by adding ‘in consultation with MOHCD’; on Page 4, Line 9, by adding ‘Subject to the budgetary and fiscal provisions of the Charter’; on Page 6, Lines 13-23, by adding ‘and shall consult with MOHCD regarding those responsibilities. The HRC Director may delegate to MOHCD functions and responsibilities set forth in this Chapter 110, including but not limited to, the establishment of Program Regulations described in subsection (b), the administration of loans described in Section 110.7, and annual reporting described in the Administrative Code Chapter 10, Article XIII, Section 10.100-13(d), and MOHCD may agree to assume such functions and responsibilities. Any delegation pursuant to this subsection (a) shall be memorialized in a memorandum of understanding between the HRC Director and the MOHCD Director. The memorandum of understanding shall identify the scope and extent of the delegation and shall state the degree to which, if at all, MOHCD shall consult with HRC as to matters that have been delegated to MOHCD.’, Line 3, by striking ‘in implementing this Program’, and Lines 24-25, by adding ‘in consultation with MOHCD’; on Page 10, Line 8, by adding ‘in consultation with MOHCD’. The motion carried by the following vote:
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Examples of MOHCD Director in a sentence

  • The Final Financial Plan, including the Table of Sources and Uses of Funds is pending and subject to approval by OCII Executive Director and MOHCD Director, prior to the Loan Closing Date.

  • The Final Financial Plan, including the 20-Year Cash Flow Proforma is pending and subject to approval by OCII Executive Director and MOHCD Director, prior to the Loan Closing Date.

  • Prior to the Loan Closing Date, the OCII Executive Director and MOHCD Director may decrease the interest rate to any interest rate between 3% and 0%.

  • The Final Financial Plan, including the Annual Operating Budget is pending and subject to approval by OCII Executive Director and MOHCD Director, prior to the Loan Closing Date.

  • The final tenant improvement allowance will be included as an attachment to the OCII commercial loan agreement, subject to OCII Commission approval, and approval by the MOHCD Director and OCII Director as part of the Final Financial Plan.

  • The OCII Executive Director and MOHCD Director may approve decreases to the Funding Amount as a part of the Final Financial Plan.

  • The disbursement schedule may be changed at the request of the Borrower, subject to the written approval of the OCII Executive Director and the MOHCD Director prior to the Loan Closing if needed to ensure the repayment of the Loan complies with applicable financing requirements.

  • If any changes are made to property management company for earlier phases of ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, the same changes will be made for the Project, with approval of the OCII Executive Director and MOHCD Director.

  • The OCII Executive Director and MOHCD Director may increase the interest rate to a maximum of 3%, should the Projects be able to support it at the time of the close of construction financing.

  • However, the interest rate may be reduced to a floor of 0% on or prior to the Loan Closing Date upon Borrower’s demonstration that a reduction is necessary to meet certain requirements of tax credit financing, such as “true debt”, subject to justification from the Borrower, and review and approval by the OCII Executive Director and the MOHCD Director in their sole discretion as part of the Final Financial Plan, if any.