Homeownership Component definition
Examples of Homeownership Component in a sentence
Singe, Semi-detached, condo town, freehold town, row house, duplex, condo apartment Total ($) requested in this report: Total ($) IAH Loans advanced to date: Service Manager Region: Date of Report: I hereby confirm that the above mentioned Purchasers and Units comply with all provisions and eligibility requirements set out in the Homeownership Component of the Service Manager Administration Agreement and the Program Guidelines.
For the Rental Component, Homeownership Component, and Operating Component, the Minister will advance Funding only up to March 31, 2024.
The Borrower acknowledges and agrees that the City has certain reporting obligations to the Minister pursuant to the Service Manager Administration Agreement: Investment in Affordable Housing Program for Ontario (2014 Extension) Homeownership Component, and the Borrower agrees to provide the City with such documentation as may be required from time to time to satisfy the City’s reporting obligations to the Minister.
For the Rental Component and the Homeownership Component, the Minister will advance Funding only up to March 31, 2020.
Receipt of the funds by the City from the Minister pursuant to the Service Manager Administration Agreement: Investment in Affordable Housing Program for Ontario (2014 Extension) Homeownership Component.
Subject to the provisions of the Investment in Affordable Housing for Ontario Program Extension (2014) (IAH-E), Homeownership Component, and subject to the terms hereof, The Corporation of the County of Hastings agrees to lend to the Borrower and the Borrower agrees to borrow from The Corporation of the County of Hastings the sum of Enter $ amount Dollars ($Enter Amount.00) of lawful money of Canada (the ‘Principal Sum”), secured by way of a valid second mortgage/charge on the IAH-E Unit.