AHSC definition
Examples of AHSC in a sentence
AHSC Loan - Rental Affordable Housing Development NOFA Date: 01/30/15 Rev.
The Sustainable Agricultural Lands Conservation Program (SALC), a component of the Strategic Growth Council’s (Council) Affordable Housing and Sustainable Communities (AHSC) Program, supports California’s greenhouse gas (GHG) emission reduction goals by making strategic investments to protect agricultural lands from conversion to more GHG intensive uses.
The SALC efforts to protect agricultural lands complement the AHSC efforts to promote infill development.
In this way, AHSC and SALC work together to reduce GHGs in the aggregate over time.
The coordinator of this Agreement for HCD is the Loan Closing AHSC Program Manager for the Affordable Housing and Sustainable Communities, Division of Financial Assistance.
The total AHSC funding request is $8,917,500, which includes $3,417,500 grant funding and a $5,500,000 AHD loan.
The HCD Contract Coordinator of this Agreement for the Department is the Division of State Financial Assistance Loan Closing AHSC Program Manager, or the Manager’s designee.
Sponsor shall provide the Department updated documentation for any change in the information previously provided relating to the AHSC Loan, including updated sources and uses and income information.
Projects subject to the HUD Section 811 and 202 programs or receiving a permanent loan from CalHFA shall not be subject to AHSC reserve requirements during the time such projects are regulated by HUD or CalHFA and the Sponsor complies with the applicable CalHFA or HUD reserve requirements.
All AHSC Loan proceeds shall be disbursed through an independent escrow/title company.