Examples of RED Notice in a sentence
Following the issuance of the RED Notice, the Deed Administrators, Holdco and Opco (among others) shall, execute, for and on behalf of themselves and the Deed Company Creditors pursuant to the power of attorney set out in Clause 7.3 the Restructuring Implementation Deed following which the parties thereto shall use their reasonable endeavours to satisfy the Restructuring Conditions as soon as reasonably practicable.
Following the issuance of the RED Notice, the Deed Company, the Deed Administrators, Holdco and Opco (among others) shall, execute, for and on behalf of themselves and the Deed Company Creditors pursuant to the power of attorney set out in Clause 7.3 (Appointment of Deed Company as Attorney) (as applicable) the Restructuring Implementation Deed following which the parties thereto shall use their reasonable endeavours to satisfy the Restructuring Conditions as soon as reasonably practicable.
IHCDA will, at its discretion, issue additional guidance via a RED Notice to set a more standardized requirement on the allowable size (minimum and maximum) of the capitalized service reserve requirement to reflect reasonable and customary expenditures.
IHCDA may, through issuance of a RED Notice, reduce the maximum bond request or close the bond application round based on available bond volume.
When new limits are published annually by HUD, IHCDA will post the new income limits and corresponding rent limits on its website via a RED Notice.
An application webinar will be conducted with the confirmed date and registration link to be announced via RED Notice.
IHCDA will issue a RED Notice identifying the qualifications for the 2019 Workforce Housing set- aside and reserves the right to utilize a different dataset if deemed appropriate: Bartholomew Daviess Gibson Hamilton Hancock Hendricks Warren Warrick Whitley Developments competing in this set-aside cannot be age-restricted and must be comprised solely of units with 60% rents and income limits or a combination of 60% and market rate units.
Households must have a gross annual income that does not exceed 60% of the county’s area median income (AMI), as published annually by HUD and released by IHCDA via RED Notice, to be eligible for enrollment in the HOME TBRA Program.
Based on availability of funding, IHCDA may, at its discretion, issue a RED Notice prior to a funding round to reduce or increase the amount allowed per application.
IHCDA has posted the 2017 limits – these can be found through RED Notice 17-41.