NOTICE TO HOUSING OPPORTUNITIES COMMISSION AND NON- PROFIT HOUSING PROVIDERS Sample Clauses

NOTICE TO HOUSING OPPORTUNITIES COMMISSION AND NON- PROFIT HOUSING PROVIDERS. Applicant acknowledges that, in accordance with the requirements of Chapter 25A, the Department is required to notify the Housing Opportunities Commission (Commission) and other non-profit housing agencies or organizations (approved housing agencies) that MPDU rental units are available for rent from the Applicant (Department’s notification). The Commission and the approved housing agencies have the right to rent up to forty percent (40%) of the MPDUs in any subdivision; however, the Commission may not rent more than thirty-three and one-third percent (33.3 %) of the MPDUs in any subdivision. The Commission and the approved housing agencies have 21 days from the date of the Department’s notification within which to notify the Applicant, in writing, of their interest in renting up to 40 percent of the MPDUs. The Commission must designate the MPDUs which it and the other housing agencies are considering renting. After notification by the Commission of its and the approved housing agencies’ intention to rent or not to rent any of the MPDUs, the Applicant may begin renting any of the remaining MPDUs to eligible renters. The Commission has 45 days from the date of the Department’s notification to inform the Applicant of the Commission’s (and any other housing agency’s) final decision with regard to their rental of the MPDUs.
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NOTICE TO HOUSING OPPORTUNITIES COMMISSION AND NON- PROFIT HOUSING PROVIDERS. Applicant acknowledges that, in accordance with the requirements of Chapter 25A, the Department is required to notify the Housing Opportunities Commission (“Commission”) and other non-profit housing agencies or organizations (“approved housing agencies”) that MPDU rental units are available for rent from the Applicant (“Department’s notification”). The Commission and the approved housing agencies have the right to rent up to forty percent (40%) of the MPDUs in any subdivision; however, the Commission may not rent more than thirty-three and one-third percent (33.3 %) of the MPDUs in any subdivision. The Commission and the approved housing agencies have 21 days from the date of the Department’s notification within which to notify the Applicant, in writing, of their interest in renting up to 40 percent of the MPDUs. The Commission must designate the MPDUs which it and the other housing agencies are considering renting. After notification by the Commission of its and the approved housing agencies’ intention to rent or not to rent any of the MPDUs, the Applicant may begin renting any of the remaining MPDUs to eligible renters.

Related to NOTICE TO HOUSING OPPORTUNITIES COMMISSION AND NON- PROFIT HOUSING PROVIDERS

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