Notice of Affordability definition

Notice of Affordability means a Notice of Affordability Restrictions on Transfer of Property substantially in the form attached hereto and incorporated herein as Attachment No. 11, to be executed by Agency and Developer and recorded in the Official Records to notify members of the public regarding the affordability restrictions for the Project.
Sample 1
Notice of Affordability means a Notice of Affordability Restrictions on Transfer of Property substantially in the form attached hereto and incorporated herein as Attachment No. 18, to be executed by Authority and Developer and recorded in the Official Records to notify members of the public regarding the affordability restrictions for the Property.
Sample 1
Notice of Affordability means a notice that summarizes the affordability restrictions set forth in the Affordable Housing Regulatory Agreement. The Notice of Affordability shall be substantially in the form attached hereto and incorporated herein as Attachment No. 1413.
Sample 1

Examples of Notice of Affordability in a sentence

  • In other words, Habermas believes that while it is necessary to adopt a critical stance towards modernity and its instrumental and subjective conceptions of reason, it is both vital and possible to perceive modernity and the enlightenment as an ongoing and unfinished project.

  • The homebuyer must sign a Deed of Trust in favor of the City of Tustin and other City documents (Promissory Note, Covenants, Reimbursement Agreement, Notice of Affordability Restrictions on Transfer of Property and Option Agreement) to make certain that the property will continue to be sold at an affordable housing cost for a period of 45 years from the original date of sale.

  • Immediately thereupon, the Escrow Agent shall record the Deed of Trust, then the Option Agreement, then the Authority Second Trust Deed, then the Notice of Affordability Restriction.

  • Upon delivery of the Grant Deed Containing Resale Restrictions, the Option Agreement, the Deed of Trust, the Notice of Affordability Restriction and the Authority Second Trust Deed to the Escrow Agent, the Escrow Agent shall record the Grant Deed Containing Resale Restrictions when title can be vested in the Participant in accordance with the terms and provisions of this Agreement.

  • Persons having questions regarding this Notice of Affordability Restrictions, the HDA or the Attachments thereto (including the CC&Rs) should contact the City or Authority at their offices (25541 Barton Road, Loma Linda, California 92354, or such other address as may be designated by the Authority from time to time).

  • Capitalized terms shall have the meanings established under the HDA (including all Attachments thereto) excepting only to the extent as otherwise expressly provided under this Notice of Affordability Restrictions.

  • The Deed of Trust, the Regulatory Agreement, the Option Agreement, and the Notice of Affordability Restrictions shall be recorded against the Property concurrently with or prior to the time of the disbursement of the City Loan.

  • Owner agrees and acknowledges that section 33334.3(f)(3) of the California Community Redevelopment Law requires the recording of the Notice of Affordability Restrictions on Transfer of Property, substantially in the form of Exhibit G attached hereto.

  • The requirements of this Agreement which are applicable after the disbursement of the City Loan are set forth in the Regulatory Agreement and Notice of Affordability Restrictions.

  • Recorded City Documents (Affordable Housing Deed of Trust with Assignment of Rents, Affordable Housing Covenant, Request for Notice under Civil Code Section 2924b, Affordable Housing Option Agreement, and Notice of Affordability Restrictions on Transfer of Property) AFFORDABLE HOUSING PROGRAM ELIGIBILITY CRITERIAA.

Related to Notice of Affordability

  • Period of Affordability means the time during which HOME Loan financed units must remain affordable to eligible households, as defined by HOME program regulations and this Plan. The Period of Affordability shall commence upon completion of the project and shall run for the period required under HOME regulations or the term of the HOME Loan, whichever is greater. Completion shall be defined as set forth in the HUD regulations for the HOME program.

  • Affordability means a housing unit that satisfies at least one of the following criteria:

  • Insurance Affordability Program means a program that is one of the following:

  • Affordability average means the average percentage of median income at which restricted units in an affordable housing development are affordable to low- and moderate-income households.

  • Affordability Period means the period during which the average rent in a Project is required to be maintained at an affordable level, as determined in accordance with the Program Guidelines or as otherwise established by the County;

  • Title IV-E Foster Care means a federal program authorized under §§ 472 and 473 of the Social

  • Long-term inpatient care means inpatient services for

  • Regulatory Flood Protection Elevation means the “Base Flood Elevation” plus the “Freeboard”. In “Special Flood Hazard Areas” where Base Flood Elevations (BFEs) have been determined, this elevation shall be the BFE plus two (2) feet of freeboard. In “Special Flood Hazard Areas” where no BFE has been established, this elevation shall be at least two (2) feet above the highest adjacent grade.

  • Community Accountability Planning Submission means the HSP Board approved planning document submitted by the HSP to the LHIN. The form, content and scheduling of the Planning Submission will be identified by the LHIN;

  • Application Program means a computer program which is intended to be executed for the purpose of performing useful work for the user of the information being processed. Application programs are developed or otherwise acquired by the user of the Hardware/Software system, but they may be supplied by the Contractor.

  • Notice of compliance means a statement confirming that a governmental entity

  • Request for Quotations means a Written or oral request for prices, rates or other conditions under which a potential Contractor would provide Goods or perform Services, Personal Services or Public Improvements described in the request.

  • Notice of Revocation means, in connection with the revocation by a Beneficial Owner or its Agent Member of its Notice of Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent indicating an intention to revoke the tender of some or all of the VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.

  • Request for Quotation (RFQ means the solicitation document issued by the DFMDC to potential bidders for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Amendments thereto.

  • major non-compliance outcome notification means a notification received by a council under section 19N(3) or (4) of the Food Act 1984, or advice given to council by an authorized officer under that Act, of a deficiency that does not pose an immediate serious threat to public health but may do so if no remedial action is taken

  • FOIA Notice means a decision notice, enforcement notice and/or an information notice;

  • Request for Quotation (“RFQ”) means a document or documents containing the specification, and proposed terms and conditions issued to potential suppliers to solicit written Quotations.

  • MFIPPA means the Municipal Freedom of Information and Protection of Privacy Act.

  • Turbidity means the cloudy condition of water due to the presence of extremely fine particulate materials in suspension that interfere with the passage of light.

  • Legal and Sustainable means production and process methods, also referred to as timber production standards, and in the context of social criteria, contract performance conditions (only), as defined by the document titled "UK Government timber procurement policy: Definition of Legal and Sustainable for timber procurement" (available from the Authority on request and from the CPET website). The edition current on the day the Contract is awarded shall apply.

  • CAFA Notice means the notice of this Settlement to be served upon State and Federal authorities as required by the Class Action Fairness Act of 2005, 28 U.S.C. § 1715.

  • Fee Application means an application for allowance and payment of a Fee Claim (including Claims for “substantial contribution” pursuant to section 503(b) of the Bankruptcy Code).

  • Regulatory Floodway means the channel of a river or other watercourse and the adjacent land areas that must be reserved in order to discharge the base flood without cumulatively increasing the water surface elevation more than a designated height.

  • Basic health plan model plan means a health plan as required in RCW 70.47.060(2)(e).

  • Uniform application means the current version of the national association of insurance commissioners uniform application for resident and nonresident insurance producer licensing.

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.