Common use of Development Specific CROWN Requirements Clause in Contracts

Development Specific CROWN Requirements. 1. The Owner has constructed (list the number of dwelling units) units (the “Home(s)”), and at the end of the Development’s 15-year compliance period the Owner will make these Home(s) available for sale to qualified tenants.

Appears in 4 contracts

Samples: Management and Supportive Services Agreement, Management and Supportive Services Agreement, Management and Supportive Services Agreement

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Development Specific CROWN Requirements. 1. The Owner has constructed (list the number of dwelling unitshomes) units (the “Home(s)”), and at the end of the Development’s 15-year compliance period the Owner will make these Home(s) Homes available for sale to qualified tenants.

Appears in 2 contracts

Samples: Land Use Restriction Agreement, Land Use Restriction Agreement

Development Specific CROWN Requirements. 1. The Owner has constructed (list the number of dwelling units) _ units (the “Home(s)”), and at the end of the Development’s 15-year compliance period the Owner will make these Home(s) available for sale to qualified tenants.

Appears in 1 contract

Samples: Management and Supportive Services Agreement

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Development Specific CROWN Requirements. 1. The Owner has constructed (list the number of Residential dwelling units) units (the “Home(s)Crown Units”), and at the end of the Development’s 15-year compliance period the Owner will make these Home(s) Crown Units available for sale to qualified tenants.

Appears in 1 contract

Samples: Lihtc

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