HOUSING REPAIR AND MAINTENANCE LETTER AGREEMENTHousing Repair and Maintenance Letter Agreement • August 3rd, 2023 • Clipper Realty Inc. • Real estate investment trusts
Renaissance Equity Holdings LLC A (“A Owner”), Renaissance Equity Holdings LLC B (“B Owner”), Renaissance Equity Holdings LLC C (“C Owner”), Renaissance Equity Holdings LLC D (“D Owner”), Renaissance Equity Holdings LLC E (“E Owner”), Renaissance Equity Holdings LLC F (“F Owner”), Renaissance Equity Holdings G (“G Owner”, and together with A Owner, B Owner, C Owner, D Owner, E, Owner and F Owner, “Beneficial Owner”), and Flatbush Gardens Housing Development Fund Corporation (“Legal Owner” and, together with Beneficial Owner, “Owner”) deliver this letter agreement in connection with that certain Affordable Housing Regulatory Agreement (“Regulatory Agreement”), dated as of the date hereof, between the Owner and the City of New York, acting by and through its Department of Housing Preservation and Development (“HPD”), encumbering the Property described above. Capitalized terms not otherwise defined in this letter shall have the meanings ascribed to such terms in the Regulatory Agreement.
