Common use of Workforce Housing Revolving Fund Clause in Contracts

Workforce Housing Revolving Fund. A fund administered by the Department of Housing and Neighborhood Preservation for the recapture of Workforce Housing Discounts, fees and shared net appreciation from the sale of Workforce Housing Units. Funds are reinvested in the Workforce Housing Program for the purpose of preserving or creating affordable housing.

Appears in 5 contracts

Samples: Housing Participation Agreement, Housing Participation Agreement, Housing Participation Agreement

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Workforce Housing Revolving Fund. A fund administered by the Department of Housing and Neighborhood Preservation for the recapture of Workforce Housing Discountsdiscounts, fees and shared net appreciation from the sale of Workforce Housing Units. Funds are reinvested in the Workforce Housing Program for the purpose of preserving or creating affordable housing.

Appears in 3 contracts

Samples: Workforce Housing Participation Agreement, Workforce Housing Participation Agreement, Workforce Housing Participation Agreement

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