Common use of Spending Categories Clause in Contracts

Spending Categories. 4.1 CMHC Funding and Contributions by Others must be used in accordance with at least one of the following four spending categories in order to be recognized: 1. Increase the supply of Affordable Housing: Initiatives may include new construction or conversion, and homeownership or rental, all targeted to households in need. 2. Improve access to Affordable Housing for vulnerable households: Initiatives may include rent supplements, shelter allowances, and homeownership assistance, all targeted to households in need. 3. Improve and preserve the quality of Affordable Housing: Initiatives may include renovation, rehabilitation and repair of existing Affordable Housing to improve and preserve the quality of Affordable Housing for households in need (excluding existing social housing stock under Nova Scotia-Canada long-term agreements). 4. ▇▇▇▇▇▇ safe independent living: Initiatives may include Affordable Housing construction, modifications and renovations, that extend independent living for households in need being seniors and persons with disabilities. Initiatives may also include accommodations for victims of family violence. 4.2 Notwithstanding anything in this Agreement, CMHC Funding and Contributions by Others must not be used (a) in respect of Housing for which there was on October 1, 2010, or is at the time of Commitment under this Agreement, an arrangement directly with CMHC relating to financing, operation or occupancy; nor (b) in respect of Housing that was on October 1, 2010, or is at the time of Commitment under this Agreement, subject to any arrangements under any agreement between CMHC and Nova Scotia or NSHDC. The above exclusions do not apply when, due to the passage of time, without intervention, the Housing is no longer within sub-paragraph (a) nor sub-paragraph (b).

Spending Categories. 4.1 CMHC Funding and Contributions by Others must be used in accordance with at least one of the following four spending categories in order to be recognized: 1. Increase the supply of Affordable Housing: Initiatives may include new construction or conversion, and homeownership or rental, all targeted to households in need. 2. Improve access to Affordable Housing affordability for vulnerable households: Initiatives may include rent supplements, supplements or shelter allowancesallowances to address Affordable Housing needs, and homeownership assistance, all targeted to households in need. 3. Improve and preserve the quality of Affordable Housing: Initiatives may include renovation, renovation and rehabilitation and repair of existing Affordable Housing to improve and preserve the quality of Affordable Housing for households in need (excluding existing social housing stock under Nova Scotia-Alberta – Canada long-term agreements). 4. ▇▇▇▇▇▇ safe independent living: Initiatives may include Support for Affordable Housing construction, modifications and renovations, that extend independent living for households in need being seniors and persons with disabilities. Initiatives may also include accommodations for victims of family violence. 4.2 Notwithstanding anything in this Agreement, CMHC Funding and Contributions by Others must not be used (a) in respect of Housing for which there was on October 1, 2010, or is at the time of Commitment under this Agreement, an arrangement directly with CMHC relating to financing, operation or occupancy; nor (b) in respect of Housing that was on October 1, 2010, or is at the time of Commitment under this Agreement, subject to any arrangements under any agreement between CMHC and Nova Scotia Alberta or NSHDCthe Minister. The above exclusions do not apply when, due to the passage of time, without intervention, the Housing is no longer within sub-paragraph (a) nor sub-paragraph (b).