Housing Development Sample Clauses

Housing Development. Subject to the terms and conditions of this Agreement, Developer shall design, develop and construct on each Site for-sale or rental residential units (“Residential Units”) as follows (“Housing Development”): Phase One of the Project shall include: (a) a high rise residential tower of at least 10 stories with a total of at least 125 units to be located on the Phase One Site (“Phase One Tower”); (b) adequate residential parking for the Phase One Tower to be provided primarily in attached or adjacent parking structures; and (c) on-site and off-site improvements, including the Developer Off-Site Improvements and the construction of park improvements to the Pellier Park Expansion Site (as defined in Section 112 below) (“Pellier Park Improvements”), all of which are more fully described in the “Scope of Development”, Attachment No. 3 which is incorporated herein by this reference. Phase Two of the Project shall include: (a) a high rise residential tower of at least 10 stories with a total of at least 125 units to be located on the Phase Two Site (“Phase Two Tower”); (b) adequate residential parking for the Phase Two Tower to be provided primarily in attached or adjacent parking structures; and (c) necessary on-site and off- site improvements, including the Developer Off-Site Improvements, all of which are more fully described in the “Scope of Development”, Attachment No. 3 which is incorporated herein by this reference. The parties acknowledge that the exact scope, size, unit count, and other aspects of the proposed Project shall be determined only after Developer has complied with the appropriate governmental requirements and obtained the appropriate governmental approvals, including a site development permit and building permit for the proposed Project, and all associated appeal periods have expired without the filing of an appeal, or any appeal has been resolved(collectively, the “Development Approvals”). If Developer, using commercially reasonable efforts, is unable to obtain Development Approvals necessary to develop the Project as envisioned herein, , Successor Agency staff and the Developer, upon Developer’s request, shall meet and confer to discuss mutually acceptable alternatives to that Phase of the Project. If, during the course of such discussions, Successor Agency staff and Developer are able to mutually agree upon an acceptable alternative to that Phase of the Project and any corresponding revisions needed to this Agreement, Successor Agency staff...

Housing Development. A. DEVELOPER agrees to make every reasonable effort to develop at least 6 percent of the total number of units in the Development at a cost which would allow them to be rented or sold as low-income dwelling units at fair or market value and at least an additional 9 percent of the total number of units in the Development at a cost which would allow them to be rented or sold as low or moderate-income dwelling units at fair market value. B. DEVELOPER agrees to make such units available at the fair market value to the Housing Authority or to low or moderate income households approved by the Housing Authority. C. DEVELOPER agrees that any such units developed in accordance with subsection A and B shall continue to be available as low or moderate income dwelling units.

Housing Development. 6.3.1 Save in respect of mixed tenure developments, LBB will provide BH with the opportunity to act as development manager for all new properties for affordable rent on existing HRA land. 6.3.2 Within the first five years of this Agreement, LBB will take all reasonable steps to provide BH with the opportunity to provide development management services for a minimum of 400 (with a target of 500) new homes for affordable rent by 2021. This undertaking will be reviewed year in 5 to determine projections and outputs for years 6 through to 10 of the Agreement 6.3.3 BH will manage all new properties developed pursuant to this clause 6.3. 6.3.4 A new subsidiary of BH, referred to hereafter as BH (RP) will be established as a Registered Provider for the purpose of developing those homes where it is agreed between LBB and BH that they should be owned by BH (RP). In such cases LBB will provide a loan to Barnet Homes to undertake the development at a rate compliant with State Aid regulations. 6.3.5 The ownership of each new development site will be agreed as part of the Outline Business Case for the development. In deciding whether to offer developments to BH (RP), LBB will take account of: • the need to spend Right to Buy receipts in accordance with Government [guidance/regulation], • the available HRA headroom • General Fund borrowing capacity • the potential additional contribution that could be made by BH to mitigating homelessness costs if they were to own the development • the performance of BH(RP) • such other factors as may be relevant at the time 6.3.6 The Chair of BH (RP) will be appointed by the BH Board in conjunction with a representative of the Council and be a member of both the BH and TBG Boards. There is no expectation that the Chair of TBG and BH will also be the Chair of BH (RP). 6.3.7 BH (RP) will undertake to set rents for any homes it might own with due regard to LBB’s rent policy 6.3.8 Subject to LBB making available to BH (RP) land and borrowing capacity to build affordable housing owned by BH (RP), BH will subsidise an element of the running costs of the homelessness (Housing Options) service. For each 50 properties built, up to a maximum of 500 properties, BH will contribute £100,000 per annum. Any properties in excess of a total of 500 will generate a further contribution by BH of £1,500 per annum. This return is separate to any on lending benefit or General Fund reduction LBB may benefit from. The parties can, by mutual agreement, decide t...

Housing Development. Strengthening of housing development through the establishment of a Guarantee Fund to guarantee CPE lending and provision of: (a) technical assistance to selected CPE staff to acquire technical, legal and financial efficiency; (b) a pilot guarantee program in five selected CPE agencies; and (c) expansion of the guarantee program to the CPE network upon successful completion of the pilot program. The Project is expected to be completed by September 30, 2000. Procurement and Consultants’ Services Section I. Procurement of Goods and Works Part A: General Goods and works shall be procured in accordance with the provisions of Section I of the "Guidelines for Procurement under IBRD Loans and ▇▇▇ Credits" published by the Bank in January 1995 (the Guidelines) and the following provisions of this Section, as applicable. Part B: International Competitive Bidding 1. Except as otherwise provided in Part C of this Section, goods and works shall be procured under contracts awarded in accordance with the provisions of Section II of the Guidelines and paragraph 5 of Appendix 1 thereto. 2. The following provisions shall apply to goods and works to be procured under contracts awarded in accordance with the provisions of paragraph 1 of this Part B. Part C: Preference for domestically manufactured goods and domestic contractors The provisions of paragraphs 2.54 and 2.55 of the Guidelines and Appendix 2 thereto shall apply to goods manufactured in the territory of the Borrower and works to be carried out by domestic contractors.

Housing Development