PBV Requirements definition

PBV Requirements means the legal requirements applicable to the Section 8 project- based voucher program including, without limitation, the Act; HUD regulations thereunder (and to the extent applicable, any HUD-approved waivers of regulatory requirements); any other federal laws, regulations, notices, and Executive Orders pertaining to the Section 8 project-based voucher program; the Section 8 Administrative Plan; and the HAP Contract.
PBV Requirements mean all requirements of the PBV program, including without limitation applicable requirements of Section 8 of the U.S. Housing Act of 1937, regulations at 24 CFR Part 983, the PBV HAP Contract, and the Authority’s Section 8 Administrative Plan, but subject to any waivers issued by HUD.
PBV Requirements means all applicable requirements in connection with the management and operations of the PBRA Units.

Examples of PBV Requirements in a sentence

  • Unless otherwise authorized by the Approved Mortgage Lenders and HUD, if required, funds placed in the Replacement Reserve (including interest thereon and additional amounts deposited therein from time to time pursuant to the terms hereof) shall constitute restricted trust funds to be applied during the term of this Agreement solely for the benefit of the Development in accordance with the terms and conditions hereof, the loan documents and the PBV Requirements.

  • Owner shall also undertake eligibility determinations for the PBV Units in accordance with the PBV Requirements and the PACT Principles.

  • Owner shall cause the PBV Units to be operated in accordance with PBV Requirements, including but not limited to the PBV HAP Contract and the HUD Declaration.

  • This Agreement shall continue in full force and effect so long as the Lease Agreement is in effect; provided however that the Owner shall only be required to comply with the RAD Requirements and the PBV Requirements, as applicable, so long as the RAD HAP Contract and/or the PBV HAP Contract, as applicable, remain in effect.

  • According to RAD PBV Requirements the tenants that currently reside in the GDPM units in which the subsidy is transferred from have a “right to return” to the Covered Project.

  • In the event of a conflict between any requirement contained in this Declaration and the PBV Requirements, the PBV Requirements shall in all instances be controlling.

  • In the event the Housing Authority fails to refer a potential tenant to Owner pursuant to the RAD Tenant Selection Plan for a vacant unit, then Owner may lease such vacant unit to any income-eligible household selected by Owner; provided that such household is also an eligible household under the RAD Program requirements and PBV Requirements (defined herein).

  • ECC/HANH will not disapprove Owner policies required for compliance with LIHTC and AHP Requirements, unless mandated by PBV Requirements.

  • HUD-52578-B: PBV Statement of Family Responsibility DisclosurePursuant to the PBV Requirements, a PHA may apply for designation of PBVs for PHA-owned units.

  • The Agent will counsel all prospective tenants regarding their eligibility for units at the Development, and will prepare and verify eligibility certifications and re-certifications in accordance with all applicable requirements under the Development Documents and Entity Documents, requirements of the Code, RAD and PBV Requirements.


More Definitions of PBV Requirements

PBV Requirements means all requirements of the PBV Program as set forth in the PBV AHAP Contract and the PBV HAP Contract.

Related to PBV Requirements

  • OHS Requirements means all Laws applicable to the Supply and related to occupational health or safety, and all of the City Policies that relate to occupational health or safety, and includes without limitation the WCA;

  • MREL Requirements means the laws, regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities applicable to the Issuer and/or the Group, from time to time, (including any applicable transitional or grandfathering provisions), including, without limitation to the generality of the foregoing, any delegated or implementing acts (such as regulatory technical standards) adopted by the European Commission and any regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities adopted by the Federal Republic of Germany or the Republic of Italy, a relevant resolution authority or the European Banking Authority from time to time (whether or not such requirements, guidelines or policies are applied generally or specifically to the Issuer and/or the Group), as any of the preceding laws, regulations, requirements, guidelines, rules, standards, policies or interpretations may be amended, supplemented, superseded or replaced from time to time.

  • Listing Requirements means the Main Market Listing Requirements of Bursa Securities.

  • Service Requirements means the specification that the Flexibility Services must be capable of meeting, as defined in Schedule 1;

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • Program Requirements means that Partner has to fulfill certain program requirements as described in detail in the applicable SAP PartnerEdge Model and the PartnerEdge Program Guide.

  • Safety Requirements means Prudent Electrical Practices, CPUC General Order No. 167, Contractor Safety Program Requirements, and all applicable requirements of Law, PG&E, the Utility Distribution Company, the Transmission Provider, Governmental Approvals, the CAISO, CARB, NERC and WECC.

  • Operational requirements means the need to ensure that the Agency is to be operated as effectively, efficiently and economically as possible.

  • Pretreatment requirements means any substantive or procedural requirement related to pretreatment, other than a pretreatment standard, imposed on an industrial user.

  • Privacy Requirements shall have the meaning set forth in Section 3.19.

  • Requirements means and include schedules, details, description, statement of technical data, performance characteristics, standards (Indian as well as International) as applicable and specified in the Contract.

  • Project Requirements means the statement included in the Request for Proposal detailing the technical and other requirements of Canada which are to be met by the successful Bidder, and which are to be addressed in the Bid;

  • Design requirements means the written description of the infrastructure facility to be procured pursuant to this article, including:

  • Reporting Requirements As defined in Section 11.12.

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Maintenance Requirements shall have the meaning set forth in Clause 14.2;

  • Mandatory City Requirements means those City laws set forth in the San Francisco Municipal Code, including the duly authorized rules, regulations, and guidelines implementing such laws that impose specific duties and obligations upon Contractor.

  • Capital Requirements means, as to any person, any matter, directly or indirectly, (i) regarding capital adequacy, capital ratios, capital requirements, the calculation of such person’s capital or similar matters, or (ii) affecting the amount of capital required to be obtained or maintained by such person or any person controlling such person (including any direct or indirect holding company), or the manner in which such person or any person controlling such person (including any direct or indirect holding company), allocates capital to any of its contingent liabilities (including letters of credit), advances, acceptances, commitments, assets or liabilities.

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Listings Requirements means the listings requirements of the JSE from time to time;

  • Authority Requirements means the operational requirements, functions and characteristics of the Framework set out in Schedule 1 (Statement of Requirements)

  • Data Protection Requirements means all Requirements of Law, to the extent applicable to the items and services provided by the Borrower and each Restricted Subsidiary, relating to the privacy and security of information technology assets and equipment, computers, systems, networks, hardware, software, websites, applications, and databases and personal, personally identifiable, sensitive, confidential or regulated data and, in each case, to the protection thereof from unauthorized use, access, misappropriation or modification.

  • Statement of Requirements means a statement issued by the Authority or any Other Contracting Body detailing its Services Requirement issued in accordance with the Ordering Procedure;

  • Relevant Requirements means all applicable Law relating to bribery, corruption and fraud, including the Bribery Act 2010 and any guidance issued by the Secretary of State for Justice pursuant to section 9 of the Bribery Act 2010;

  • Technical Requirements means the Technical Requirements in Section VII of the tendering documents.

  • Certification Requirements means those requirements specified or referenced in this Agreement that you must meet in order to use and maintain the Certification Designation and use the Logo in accordance with the terms of this Agreement.