GUARANTEED RENTAL ASSISTANCE AMOUNT AND BASE NUMBER OF ASSISTED HOUSEHOLDS Sample Clauses

GUARANTEED RENTAL ASSISTANCE AMOUNT AND BASE NUMBER OF ASSISTED HOUSEHOLDS. As stipulated in Section 9 (d), on an annual basis, the Housing Provider will submit financial statements and a reconciliation of Rental Assistance within four (4) months following the end of the Housing Provider’s fiscal year. After the first annual review by CMHC or its representative of the Housing Provider’s financial statements and reconciliation of funding received under this Agreement, the Guaranteed Rental Assistance Amount and the Base Number of Assisted Households will be determined by CMHC. The Guaranteed Rental Assistance Amount will be determined using a similar calculation approach as the Initial Amount of Rental Assistance, as outlined in Part II (B) of this Schedule “B”. The Base Number of Assisted Households cannot be greater than the Initial Number of Assisted Households. To obtain confirmation of the Guaranteed Rental Assistance Amount and Base Number of Assisted Households, the Housing Provider will submit to CMHC or its representative the most recent calculation worksheet for each Assisted Household as outlined in section 9 (e). Based on this information, the Base Number of Assisted Households and the Guaranteed Rental Assistance Amount will be confirmed by CMHC and will be fixed for the Term of the Agreement, except as provided in Schedule “B” Part II (D) and Part II (E) below.
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Related to GUARANTEED RENTAL ASSISTANCE AMOUNT AND BASE NUMBER OF ASSISTED HOUSEHOLDS

  • Rental Assistance (Subsidy) Rental assistance will be provided to Eligible Households who pay 30% of their monthly net income, including Florida unemployment benefits, towards their monthly rent and have experienced a loss of job or income due to COVID-19.

  • Coronavirus Relief Fund – Rental Assistance Application The Coronavirus Relief Fund – Rental Assistance Application should contain all the necessary information to determine whether a Household is potentially eligible for CRF assistance. In accordance with the provisions of Sections 760.20-760.37, Fla. Stat., it is unlawful to discriminate on the basis of race, religion, color, sex, familial status, national origin, or handicap in the award application process for Eligible Housing.

  • Estimated Number of Participating Households Approximately 6,460. This figure is based on loans with unpaid principal balances ranging from $200,000 to $400,000 with an average funding of $5,000.00.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

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  • Intent to Limit Charges to Maximum Lawful Rate In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a final determination, deem applicable. Borrower and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if said rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrower is and shall be liable only for the payment of such maximum as allowed by law, and payment received from Borrower in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such excess.

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  • CONDITIONS FOR EMERGENCY/HURRICANE OR DISASTER - TERM CONTRACTS It is hereby made a part of this Invitation for Bids that before, during and after a public emergency, disaster, hurricane, flood, or other acts of God that Orange County shall require a “first priority” basis for goods and services. It is vital and imperative that the majority of citizens are protected from any emergency situation which threatens public health and safety, as determined by the County. Contractor agrees to rent/sell/lease all goods and services to the County or other governmental entities as opposed to a private citizen, on a first priority basis. The County expects to pay contractual prices for all goods or services required during an emergency situation. Contractor shall furnish a twenty-four (24) hour phone number in the event of such an emergency.

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