Common use of Section 3 of the Housing and Urban Project Act of 1968 Clause in Contracts

Section 3 of the Housing and Urban Project Act of 1968. Borrower agrees to comply with the provisions of Section 3 of the Housing and Urban Project Act of 1968 (12 X.X.X. §0000x) and implementing regulations contained in 24 CFR Part 135 regarding economic opportunities for low and very low income persons. Borrower shall also keep records demonstrating compliance with the foregoing regulations, including without limitation the provisions of 24 CFR Section 570.506(g)(5).

Appears in 3 contracts

Samples: Multifamily Restoration Loan Funding Program Loan Agreement, Gap Financing Loan Agreement, CDBG Piggyback Program Gap Financing Loan Agreement

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Section 3 of the Housing and Urban Project Act of 1968. To the extent applicable, Borrower agrees to comply with the provisions of Section 3 of the Housing and Urban Project Act of 1968 (12 X.X.X. §0000x) and implementing regulations contained in 24 CFR Part 135 regarding economic opportunities for low and very low income persons. Borrower shall also keep records demonstrating compliance with the foregoing regulations, including without limitation the provisions of 24 CFR Section 570.506(g)(5).

Appears in 2 contracts

Samples: Dr 2020 Piggyback Prime, Financing Loan Agreement

Section 3 of the Housing and Urban Project Act of 1968. Borrower Xxxxxxxx agrees to comply with the provisions of Section 3 of the Housing and Urban Project Act of 1968 (12 X.X.X. U.S.C. §0000x1701u) and implementing regulations contained in 24 CFR Part 135 regarding economic opportunities for low and very low income persons. Borrower shall also keep records demonstrating compliance with the foregoing regulations, including without limitation the provisions of 24 CFR Section 570.506(g)(5).

Appears in 1 contract

Samples: Performance and Completion Guaranty

Section 3 of the Housing and Urban Project Act of 1968. Borrower Xxxxxxxx agrees to comply with the provisions of Section 3 of the Housing and Urban Project Act of 1968 (12 X.X.X. §0000x) and implementing regulations contained in 24 CFR Part 135 regarding economic opportunities for low and very low income persons. Borrower shall also keep records demonstrating compliance with the foregoing regulations, including without limitation the provisions of 24 CFR Section 570.506(g)(5).

Appears in 1 contract

Samples: Gap Financing Loan Agreement

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Section 3 of the Housing and Urban Project Act of 1968. Borrower To the extent applicable, Xxxxxxxx agrees to comply with the provisions of Section 3 of the Housing and Urban Project Act of 1968 (12 X.X.X. §0000x) and implementing regulations contained in 24 CFR Part 135 regarding economic opportunities for low and very low income persons. Borrower shall also keep records demonstrating compliance with the foregoing regulations, including without limitation the provisions of 24 CFR Section 570.506(g)(5).

Appears in 1 contract

Samples: Dr 2020 Piggyback Prime

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