Examples of Owner Entities in a sentence
The DORC is a legal instrument that ensures that PHAs and Owner Entities develop mixed-finance projects in compliance with Public Housing Requirements.
Investments non-current restricted include operating reserves that are held by escrow agents at various banking institutions for the benefit of investors and Owner Entities of the MIXED rental communities.
In accordance with Federal guidelines, MPHA, Owner Entities and Management Agents will make reasonable efforts to provide or arrange language assistance for program Applicants and members of MPHA Assisted Households with LEP if they require such assistance in order to access MPHA’s Rental Assistance Programs and related activities.
Owner Entities: As defined in the recitals.Preferred Applicant: An Applicant (i) whose income does not exceed the income limit set forth in Section 5 for the applicable Unit, and (ii) will occupy such Unit as their sole residence.
Describe the worldwide context of the proposed concentration, indicating the position of each of the parties to the concentration outside of the EEA territory in terms of size and competitive strength.
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These subordinated loans are fully obligated to the Owner Entities at the financial closing and represent AHA’s share of the development budget for AHA-assisted Annual Contribution Contract (ACC) units.
The loans are amortized over periods generally up to 55 years and bear interest at various rates, as agreed to by AHA and individual Owner Entities, and approved by HUD.
The Developer shall cause each of the Rental Phase Project Owner Entities to perform the covenants and obligations that are contained in the first mortgage loan commitment and any AH Commitments, including, without limitation, the obligations of each Owner Entity associated with securing a construction loan, a commitment for a first mortgage permanent loan, obtaining a bridge loan, and commencing and completing the construction of the dwelling units.
AH Investment: AH will provide to the partnership the approximate amount of$ for all of the newly constructed units (Family or Senior), reserved for public housing-eligible families for any or all Projects within phases of the [Former Name] Development Plan in the form of one or more subordinate loans to the Owner Entities.