LIHTC Project definition

LIHTC Project means a qualified low-income housing project as defined in and governed by Section 42(g) of the Code.
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LIHTC Project means a project participating in NJHMFA’s Low Income Housing Tax Credit Program.
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LIHTC Project means a Project to which MaineHousing has allocated low-income housing tax credits pursuant to Section 42.
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Examples of LIHTC Project in a sentence

  • Prepared by: LIHTC Project# ----------------------------------------------------------------------------- Gross Annual Unit Tenant Move-In No. Of Inc.

  • Prepared by: LIHTC Project# ----------------------------------------------------------------------------- Gross Annual Unit Tenant Move-In # Of Inc.

  • To the extent that any of HRD or its Affiliates 16 acts as the developer of any of the LIHTC Project sites, it shall use commercially reasonable 17 efforts to design to and obtain approval for the unit counts contained herein and the densities 18 feasible for the sites.

  • All LIHTC Project sites will 15 require development approvals from the County.

  • To the extent that any of HRD or its Affiliates acts 40 as the developer of any of the LIHTC Project sites, it shall agree to grant to the 41 Commission a right to purchase the LIHTC Project at fair market value at the end of the 42 initial 15-year tax credit period applicable to the LIHTC Project and again at the end of 43 the Restriction Period applicable to the LIHTC Project (the “Purchase Option”).

  • To the extent that any of HRD or its 15 Affiliates acts as the developer of any of the LIHTC Project sites, in the event that it elects 16 to partner with a third-party affordable housing developer, it shall first enter into a 90 day 17 exclusive negotiating period with the Commission and shall negotiate in good faith to 18 enter into a partnership with the Commission for the development of such site.

  • In the event that either of the Temporary Fire Station or Existing Library 19 sites are not conveyed directly to the Commission, then the number of Low Income Units to be 20 provided and/or facilitated by HRD and the percentage of Low Income Units on each LIHTC 21 Project site developed shall be the number and percentage ultimately approved by the Planning 22 Board on the LIHTC Project sites identified herein.

  • The documentation for, or contract of, the transfer of a 35 LIHTC Project site or any portion thereof under this Agreement shall provide for the customary 36 period for evaluating and for addressing the existing environmental conditions on the site prior to 37 the closing on the site so that the site can be made suitable for residential development in 38 accordance with such document’s or contract’s terms.


More Definitions of LIHTC Project

LIHTC Project means a project participating in the Low Income Housing Tax Credit Program. "Low rise" means a building having one to four residential floors or stories.
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LIHTC Project means a residential or mixed-use development containing Low Income Units.
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LIHTC Project means a residential or mixed-use development containing 24 Low Income Units.
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Related to LIHTC Project

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • The Project means supply, installation, testing and commissioning, integration of computer hardware and services with support under Warranty and annual maintenance contract, if required for the contract period.