Housing trust fund definition

Housing trust fund means the program to finance low and moderate-income housing established by Resolution No. 55,504-N.S., or any successor fund established for the same purpose.

Housing trust fund means a separate fund, either within a local government or between local governments pursuant to intergovernmental agreement, established solely for the purposes authorized in subsection (d) of Section 25, including, without limitation, the holding and disbursing of financial resources to address the affordable housing needs of individuals or households that may occupy low-income or moderate-income housing.

Housing trust fund means the low- and moderate-income housing trust fund created and administered pursuant to Chapter 174. of the Revised Code.

Examples of Housing trust fund in a sentence

• The following language must be inserted into every Promissory Note that evidences a loan of Grant Funds by Subrecipient: "The Lender, in consideration of the Community Development Block Grant ("CDBG") funds awarded to it by the Housing Trust Fund Corporation (“HTFC”), assigns all of its rights and remedies under this Promissory Note to HTFC.

• Any violation or noncompliance of this Declaration regarding the affordable housing component shall result in a monetary penalty to be deposited into the Affordable Housing Trust Fund.

• CITY has received Emergency Solutions Grant (“ESG”) funds from the U.S. Department of Housing and Urban Development (“HUD”) as an entitle- ment city pursuant to Section 101(g), Public Law 99-500, and the City of San Xxxx Housing Trust Fund (“HTF”) Funds, as amended.

More Definitions of Housing trust fund

Housing trust fund means a separate fund, either within

Housing trust fund means a fund for housing development that is sustained over time by dedi- cated revenues or earnings on invested capital.

Housing trust fund means a Local or Regional Housing Trust Fund that is required to be a public, joint public and private, or charitable nonprofit organization organized under Section 501(c)(3) of the Internal Revenue Code, which was established by legislation, ordinance, resolution (including nonprofit articles of incorporation), or a public-private partnership organized to receive specific public, or public and private, revenue to address local or regional Housing needs.

Housing trust fund or "fund" means the Housing Trust Fund created under section 8-336o.

Housing trust fund means the Otter Tail County Housing Trust Fund.

Housing trust fund means the low- and moderate-income 30

Housing trust fund means the City of Hibbing Housing Trust Fund.