Examples of Qualified renter in a sentence
This policy outlines the Definition of Qualified Renter for the development of affordable housing utilizing American Rescue Plan (ARP) funding.
This Agreement and Xxxxxxx’s obligations hereunder shall commence on the date hereof and expire on the date that is twenty (20) years from the date the Project is completed, which shall be the date of the first lease executed by a Qualified Renter for the Property.
Except as provided in section 3, the Owner covenants and agrees that it shall not rent any Strata Lot, Rental Unit or other dwelling to any person, or allow any person to occupy any Strata Lot, Rental Unit or other dwelling, other than a Qualified Renter.
The residential tenancy agreement will include a term it can be terminated by the Developer on two months’ notice if the renter no longer meets the requirements of a Qualified Renter.
The Owner will deliver to the Trust Committee, promptly upon execution and within five (5) days of receiving a written request from the Trust Committee, a true copy of any residential tenancy agreement in respect of any Rental Unit and satisfactory evidence that the renter is a Qualified Renter and the rent paid under the residential tenancy is less than the Maximum Monthly Rent.