Common use of Developer Services Clause in Contracts

Developer Services. (a) Developer shall, directly or indirectly, in accordance with all applicable federal, state and local laws and regulations, undertake the construction of a new fifty-one (51) unit affordable housing project for low to moderate income households, with five (5) of the housing units being assisted hereunder, in furtherance of the Consortium’s housing strategy and as approved by the City. The affordable housing project, as described herein, may be referred to as the “Mountain View Townhomes Project” or the “Project.” Developer may undertake same as the Project sponsor with ownership of the Project to be held by either the Developer or by a limited liability partnership or limited liability limited partnership in which Developer or its affiliate acts as the sole member of the general partner, or by a limited liability company in which Developer is the sole member of the managing member. Developer shall satisfactorily perform and complete, or cause to be performed and completed, all services and items of work, and the furnishing of all labor and materials encompassed within or reasonably necessary to construct all of the improvements for the Project, and accomplish the tasks and functions described in the Scope of Services attached hereto as Exhibit “A” and incorporated herein by reference, in full compliance with all of the provisions of this Agreement. Before proceeding with the Project, Developer shall furnish City with all reasonable information which City may request concerning the Project, execute all certifications, security instruments required by this Agreement and applicable laws and regulations, demonstrate eligibility of the Project for assistance under this Agreement and the Act, and obtain the written approval of City’s authorized representatives as to the Project, which approval will not be unreasonably withheld. Upon project completion, housing must meet or exceed the minimum property standards required by 24 CFR 92.251. Owner must continue to maintain the housing in compliance with 24 CFR 92.251 during the period of affordability.

Developer Services. (a) Developer shall, directly or indirectly, in accordance with all applicable federal, state state, and local laws and regulations, undertake the construction of a new fiftytwenty-one eight (5128) unit affordable housing project for low to moderate income households, with five (5) of the housing units being assisted hereunderhereunder (the “HOME Units”), in furtherance of the Consortium’s housing strategy and as approved by the City. The affordable housing project, as described herein, may be referred to as the “Mountain View Townhomes Fuel and Iron Project” or the “Project.” Developer may undertake same as the Project sponsor with ownership Ownership of the Project is to be held by either the Developer or by a limited liability partnership or limited liability limited partnership in which Developer or its affiliate acts as the sole member of the general partnermanaging member, or by a limited liability company in which Developer is the sole member of the managing member. Developer shall satisfactorily perform and complete, or cause to be performed and completed, all services and items of work, and the furnishing of all labor and materials encompassed within or reasonably necessary to construct all of the improvements for the Project, and accomplish the tasks and functions described in the Scope of Services attached hereto as Exhibit “A” and incorporated herein by reference, in full compliance with all of the provisions of this Agreement. Before proceeding with the Project, Developer shall furnish City with all reasonable information which City may request concerning the Project, execute all certifications, security instruments required by this Agreement and applicable laws and regulations, demonstrate eligibility of the Project for assistance under this Agreement and the Act, and obtain the written approval of City’s authorized representatives as to the Project, which approval will not be unreasonably withheld. Upon project completion, housing must meet or exceed the minimum property standards required by 24 CFR 92.251. Owner must continue to maintain the housing in compliance with 24 CFR 92.251 during the period of affordability.

Developer Services. (a) Developer shall, directly or indirectly, in accordance with all applicable federal, state and local laws and regulations, undertake the construction of a new fiftyseventy-one two (5172) unit affordable housing project for low to moderate income households, with five all seventy-two (572) of the housing units being assisted hereunder, in furtherance of the Consortium’s housing strategy and as approved by the City. The affordable housing project, as described herein, may be referred to as the “Mountain View Upland Townhomes Project” or the “Project.” Developer may undertake same as the Project sponsor with ownership of the Project to be held by either the Developer or by a limited liability partnership or limited liability limited partnership in which Developer or its affiliate acts as the sole member of the general partner, or by a limited liability company in which Developer is the sole member of the managing member. Developer shall satisfactorily perform and complete, or cause to be performed and completed, all services and items of work, and the furnishing of all labor and materials encompassed within or reasonably necessary to construct all of the improvements for the Project, and accomplish the tasks and functions described in the Scope of Services attached hereto as Exhibit “A” and incorporated herein by reference, in full compliance with all of the provisions of this Agreement. Before proceeding with the Project, Developer shall furnish City with all reasonable information which City may request concerning the Project, execute all certifications, security instruments required by this Agreement and applicable laws and regulations, demonstrate eligibility of the Project for assistance under this Agreement and the Act, and obtain the written approval of City’s authorized representatives as to the Project, which approval will not be unreasonably withheld. Upon project completion, housing must meet or exceed the minimum property standards required by 24 CFR 92.251. Owner must continue to maintain the housing in compliance with 24 CFR 92.251 during the period of affordability.

Developer Services. (a) Developer shall, directly or indirectly, in accordance with all applicable federal, state and local laws and regulations, undertake the construction rehabilitation of a new fifty-one four (514) unit affordable housing project for low to moderate income householdsproject, the construction of two (2) single-family for-sale projects, and the clearance and demolition of a substandard single-family home, with five (5) all of the housing units being assisted hereunder, in furtherance of the Consortium’s housing strategy and as approved by the City. The affordable housing projectprojects, as described herein, may be referred to as the “Mountain View Townhomes ProjectNeighborWorks Affordable Housing Program” or the “Project.” ”. Developer may undertake same as the Project sponsor with ownership of the Project to be held by either the Developer or by a limited liability partnership or limited liability limited partnership in which Developer or its affiliate acts as the sole member of the general partner, or by a limited liability company in which Developer is the sole member of the managing member. Developer shall satisfactorily perform and complete, or cause to be performed and completed, all services and items of work, and the furnishing of all labor and materials encompassed within or reasonably necessary to construct all of the improvements for the Project, and accomplish the tasks and functions described in the Scope of Services attached hereto as Exhibit “A” and incorporated herein by reference, in full compliance with all of the provisions of this Agreement. Before proceeding with the Project, Developer shall furnish City with all reasonable information which City may request concerning the Project, execute all certifications, security instruments required by this Agreement and applicable laws and regulations, demonstrate eligibility of the Project for assistance under this Agreement and the Act, and obtain the written approval of City’s authorized representatives as to the Project, which approval will not be unreasonably withheld. Upon project completion, housing must meet or exceed the minimum property standards required by 24 CFR 92.251. Owner must continue to maintain the housing in compliance with 24 CFR 92.251 during the period of affordability.

Developer Services. (a) Developer shall, directly or indirectly, in accordance with all applicable federal, state state, and local laws and regulations, undertake the construction of a new fiftyforty-one nine (5149) unit affordable housing project for low to moderate income households, with five (5) of the housing units being assisted hereunderhereunder (the “HOME Units”), in furtherance of the Consortium’s housing strategy and as approved by the City. The affordable housing project, as described herein, may be referred to as the “Mountain View Xxxxxxxx Townhomes Project” or the “Project.” Developer may undertake same as the Project sponsor with ownership of the Project to be held by either the Developer or by a limited liability partnership or limited liability limited partnership in which Developer or its affiliate acts as the sole member of the general partner, or by a limited liability company in which Developer is the sole member of the managing member. Developer shall satisfactorily perform and complete, or cause to be performed and completed, all services and items of work, and the furnishing of all labor and materials encompassed within or reasonably necessary to construct all of the improvements for the Project, and accomplish the tasks and functions described in the Scope of Services attached hereto as Exhibit “A” and incorporated herein by reference, in full compliance with all of the provisions of this Agreement. Before proceeding with the Project, Developer shall furnish City with all reasonable information which City may request concerning the Project, execute all certifications, security instruments required by this Agreement and applicable laws and regulations, demonstrate eligibility of the Project for assistance under this Agreement and the Act, and obtain the written approval of City’s authorized representatives as to the Project, which approval will not be unreasonably withheld. Upon project completion, housing the HOME Units must meet or exceed the minimum property standards required by 24 CFR 92.251. Owner must continue to maintain the housing HOME Units in compliance with 24 CFR 92.251 during the period of affordability.