Notice of Affordability Restrictions ix. Subject to availability, provide down payment assistance to the BMR buyers. Programs may include, but shall not be limited to, the Mortgage Credit Certificate Program (MCC), HOME, WISH, CalHome and other programs available to eligible buyers within the jurisdiction.
Notice of Affordability Restrictions. The DDA is hereby amended by replacing in its entirety the “Notice of Affordability Restrictions” attached as Attachment No. 17 to the DDA w ith the “ N otice of A ffordability R estrictions” attached hereto as Exhibit N o. 11 and incorporated herein by this reference.
Notice of Affordability Restrictions. CMHA as housing successor is required to prepare and cause recordation of the Notice of Affordability Restrictions, substantially in the form of Exhibit B, which shall be recorded concurrently with this Regulatory Agreement.
Notice of Affordability Restrictions. [See following document] RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: La Quinta Redevelopment Agency X.X. Xxx 0000 Xx Xxxxxx, XX 00000 Attn: Executive Director Exempt From Recording Fee Pursuant to Government Code § 27383 NOTICE OF AFFORDABILITY RESTRICTIONS ON TRANSFER OF PROPERTY Important notice to owners, purchasers, tenants, lenders, brokers, escrow and title companies, and other persons, regarding affordable housing restrictions on the real property described in this Notice: Affordable housing restrictions have been recorded with respect to the property described below (referred to in this Notice as the “Property”) which require that the Property be developed as an affordable rental development and that all of the units be rented to and occupied by persons and households of limited income at affordable rents. Title of Document Containing Affordable Housing Restrictions: Affordable Housing Regulatory Agreement (“Agreement”). Parties to Agreement: Coral Mountain Partners, L.P., a California limited partnership (“Developer”), and the La Quinta Redevelopment Agency, a public body, corporate and politic (“Agency”). The Agreement is recorded concurrently with this Notice, in the Official Records of Riverside County.
Notice of Affordability Restrictions. (Attachment No. 21, to be signed and acknowledged by City); and
Notice of Affordability Restrictions. As a condition to the Closing, Agency (and Owner if requested by Agency) shall execute and cause the recordation of the Notice of Affordability Restrictions substantially in the form attached to this Agreement as Attachment No. 18. The Notice of Affordability Restrictions shall be recorded against the Property pursuant to California Health and Safety Code Section 33334.3(f).
Notice of Affordability Restrictions. Recording Requested by and When Recorded mail to: City of San Xxxx Housing Department 200 East Santa Xxxxx Street, 00xx Xxxxx Xxxxx Xxx Xxxx, Xxxxxxxxxx 00000-0000 Attn: Loan Management Re: Sycamore Terrace APN: NOTICE OF AFFORDABILITY RESTRICTIONS ON TRANSFER OF PROPERTY (Sycamore Terrace) This Notice of Affordability Restrictions on Transfer of Property (“Notice”) is being recorded in the Official Records of the County of Santa Xxxxx as required under Health and Safety Code Section 33334.3 (f) and is recorded concurrently with that certain Affordability Restrictions (For Sale – Moderate Income Units) (Sycamore Terrace) as more particularly described below. The City is providing a loan of $600,000.00 (“City Loan”) to Sycamore Grove Terrace LLC, a California limited liability company (“Developer”), to acquire that certain real property located at 00000 Xxxxxxx Xxxx, in the City of San Xxxx, County of Santa Clara, California as more particularly set forth in EXHIBIT A attached hereto (“Property”). Pursuant to the terms and conditions of that certain Disposition and Development Agreement entered into between the City and Developer dated as of August 13, 2013 (“DDA”), the Developer shall develop and construct a twenty seven (27) unit for-sale townhouse project (“Project”) on the Property. The City Loan was funded from the Low and Moderate Income Housing Fund (as defined in California Health and Safety Code Section 33330 et. seq.) (“20% Funds”). Health and Safety Code Section 33334.3(f) requires a covenant or restriction be recorded against all units constructed or substantially rehabilitated with the assistance of 20% Funds, restricting such units to remain available at “affordable housing costs” (as defined in Health and Safety Code Sections 50052.5 and 50053, as amended from time to time). Pursuant to the terms of the DDA, nine (9) of the units in the Project shall be sold to persons and families of moderate income (“Affordable Units”) The Affordable Units shall be sold subject to the recorded Affordability Restrictions, which shall expire forty-five (45) Xxxxxxxx Xxxxxxx Notice of AR ATTACHMENT NO. 15
Notice of Affordability Restrictions. The Notice of Affordability Restrictions signed by the authorized representative(s) of County in recordable form;
Notice of Affordability Restrictions. OFFICIAL BUSINESS Document entitled to free recording per Government Code Sections 6103 and 27383 Recording Requested By and When Recorded Mail to: City of San Diego c/o Civic San Diego 000 X Xxxxxx, Xxxxx 000 Xxx Xxxxx, Xxxxxxxxxx 00000 Attention: President Space above this line for Recorder’s use only NOTICE OF AFFORDABILITY RESTRICTIONS ON TRANSFER OF PROPERTY NOTICE IS HEREBY GIVEN that pursuant to Health & Safety Code Section 33334.3(f) (3), as amended effective January 1, 2008, the City of San Diego, a municipal corporation (“City”), is recording this Supplemental Notice of Affordability Restrictions on Transfer of Property (hereinafter the “Notice”) with regard to the leasehold interest in the property located at 000 X Xxxxxx, Xxx Xxxxx, Xxxxxxxxxx, 00000 and more particularly described in Exhibit A attached hereto and incorporated herein by reference (which leasehold interest shall be referred to herein as the “Property”). The Property is subject to covenants, conditions, and restrictions in that certain Agreement Affecting Real Property (Including Rental Restrictions) by and between the City and HDP Xxxxxxxxx, L.L.C., a California limited liability company (“HDP Xxxxxxxxx”), dated , 2014, and recorded concurrently herewith (“AARP”). Any capitalized terms not defined herein shall have the meaning ascribed to them in the AARP. The AARP restricts the use of the Property, including the Improvements situated thereon, as follows:
Notice of Affordability Restrictions. Developer shall execute and cause to be recorded against the Site a Notice of Affordability Restrictions in substantially the form attached hereto as Attachment No. 13 and fully incorporated herein by this reference. The execution and recordation of the Notice of Affordability Restrictions is a Condition Precedent, as set forth in Section 204 hereof. 500. DEFAULT AND REMEDIES.
