DO NOT INCLUDE THIS COVER PAGE IN THE USE OF THIS NOTE AND RETENTION AGREEMENT. Affordable Housing Program – Rental Projects Promissory Note and Retention AgreementNote and Retention Agreement • January 13th, 2023
This form document has been prepared to address the minimum retention requirements of the AHP Regulations for projects located on tribal trust or allotted land. The Federal Home Loan Bank of San Francisco makes no representation or warranty that a court will enforce these form documents in accordance with applicable federal, state, or tribal law. We strongly recommend that each member have its legal counsel review the documents to address any federal, state, or tribal requirements, including but not limited to consumer credit laws, notary requirements, usury laws, and recording procedures and requirements. The final note and retention agreement and any security documents must meet the requirements of your jurisdiction. In the event that the Lender elects to record a leasehold deed of trust, collateral assignment of lease, or other security instrument in connection with project, this promissory note and retention agreement shall be attached to, or incorporated by reference into, such se
