Common use of Senior Housing Clause in Contracts

Senior Housing. Developer and City agree the Senior Housing is a critical component to the proposed Master Plan, as it furthers the city’s Moderate Income Housing Plan and is located in an ideal location near the hospital and Senior Citizen’s Center. Developer has proposed 108 units of 55 + (55 years or older) apartments. Developer may consider partnering with the City in the development of the 55+ Senior apartments through the State Community Driven Housing Program, provided the City qualifies for participating in the program. Developer agrees to establish rules and enforce rules through an HOA requiring the units to be occupied by seniors 55 years or older.

Senior Housing. Developer and City agree the Senior Housing is a critical component to the proposed Master Plan, as it furthers the city’s Moderate Income Housing Plan and is located in an ideal location near the hospital and Senior Citizen’s Center. Developer has proposed 108 units of 55 + (55 years or older) apartments. Developer may consider partnering with the City in the development of the 55+ Senior apartments through the State Community Driven Housing Program, provided the City qualifies for participating in the program. Developer Xxxxxxxxx agrees to establish rules and enforce rules through an HOA requiring the units to be occupied by seniors 55 years or older.

Senior Housing. Developer and City agree the Senior Housing is a critical component to the proposed Master Plan, as it furthers the city’s Moderate Income Housing Plan and is located in an ideal location near the hospital and Senior Citizen’s Center. Developer has proposed 108 units of 55 + (55 years or older) condominium apartments. Developer may consider partnering with the City in the development of the 55+ Senior apartments through the State Community Driven Housing Program, provided the City qualifies for participating in the program. Developer units and Xxxxxxxxx agrees to establish rules and enforce rules through an HOA requiring the units to be occupied by seniors 55 years or older.