Examples of Housing fund in a sentence
Selling agent acknowledges receipt from Buyer of the xxxxxxx money as set forth above in the form indicated to be held in closing agent's pooled trust account (with interest paid to the Washington Housing Fund or such other relevant fund in accordance with applicable laws).
In the event that Developer fails to lease all of the Affordable Beds in any year, after diligent efforts, Developer will pay the City of Xxxxx’ Housing Fund an amount equivalent to the difference between the total annual market rent and the rent for the Affordable Bed for each bed that is not rented to an Extremely Low or Very-Low Income student, as applicable for that year, and may lease those beds at market rate.
The Implementation Committee shall establish processes and priorities for expenditures of the Workforce Development Fund and the Community First Housing Fund, within the purposes set forth in this Agreement.
In addition, prior to making a payment on the 49ers Agency Advance, the Agency will make, based on an annual election by the Agency, an additional deposit into the Agency Housing Fund of up to ten percent (10%) of gross tax increment (after excluding tax increment generated from the Stadium), with such additional deposit ceasing on December 2016 with the termination of the Redevelopment Plan for the Redevelopment Project Area.
In the event that the ACLT consents to any such lease, refinancing, encumbrance or mortgage, it shall be a condition to such consent that all rents, profits or proceeds from such transaction which exceed the carrying costs of the Home as determined by the Municipality, in its sole discretion, shall be paid to the Municipality for deposit to its Affordable Housing Fund.