Common use of Plan required Clause in Contracts

Plan required. For any project not subject to mandatory project-based as- sistance under § 401.420, the PAE must develop a Rental Assistance Assess- ment Plan in accordance with section 515(c)(2) of MAHRA to determine whether assistance should be renewed as project-based assistance or whether some or all of the assisted units should be converted to tenant-based assist- ance.

Appears in 4 contracts

Sources: Multifamily Housing Mortgage and Housing Assistance Restructuring Program, Use Agreement, Use Agreement