Qualified Residents definition
Examples of Qualified Residents in a sentence
In performing their duties and obligations hereunder, the Authority and the Trustee may rely upon statements and certificates of the Borrower and Qualified Residents, and upon audits of the books and records of the Borrower pertaining to the Project.
The Authority shall sublease such units to Qualified Residents to the extent necessary to comply with the provisions hereof.
Copies of the most recent Income Certifications for Qualified Residents commencing or continuing occupancy of a Qualified Space shall be made available to the Authority or Oversight Agent upon request.
The representations and covenants set forth in the Application and this Agreement may be relied upon by OHFA, Qualified Residents and all other persons interested in Development compliance under the provisions of the Code.
All Qualified Residents occupying a Low-Income Unit in the Development shall be required to execute a new Income Certification and provide acceptable verification of current anticipated Income at the time of the expiration of the anniversary date of move-in, if applicable.
Housing Units occupied by Qualified Residents shall be of comparable quality to other units in the Development.
A Qualified Household may have occupants who are not Qualified Residents as long as at least one occupant is a Qualified Resident.
Notwithstanding anything herein to the contrary, if at any time the number of Qualified Residents falls below the number required by subparagraph (a) (i) of this Section, the next available vacant Space shall be rented to a Qualified Resident of the applicable category.
Notwithstanding anything herein to the contrary, if at any time the number of Qualified Residents falls below the number required by subparagraphs (a)(i) or (b) of this Section, the next available vacant Space shall be rented to a Qualified Resident of the applicable category.
If other occupants of the Unit are not Qualified Residents, the Unit need not be their principal place of residence.