ongoing basis definition
ongoing basis means that retained positions, interest or exposures are not hedged or sold.
ongoing basis means contact to at least two (2) resources at least monthly in the manner noted below at any time the required number of units is not actually occupied by the special needs population. Properties that fail to document ongoing active marketing to the marketing plan network contacts to lease vacant leasing preference units, may be cited with non-compliance, and may be required to hold unit(s) vacant for up to 60 days to actively market unfilled leasing preference units. Non- compliance with the marketing requirement is subject to a penalty point deduction in future funding requests with the Authority.