Qualifying Infill Project definition
Examples of Qualifying Infill Project in a sentence
DEVELOPER desires to enter into this Assignment and Assumption Agreement to be entitled to receive funding under the Grant for the Infrastructure Project as specified herein, so that DEVELOPER can commence construction of the Development Project to meet the specified milestone schedules for the Infrastructure Project, the Qualifying Infill Project, and the Additional Housing Development as set out in Proposition 1C Grant Agreement.
The HCD “Covenant Regarding Development of Affordable Housing” requires DEVELOPER, as owner of the Property, to insure that the 90 unit affordable housing project, referred to as the Qualifying Infill Project (QIP), will be constructed and operated by an affordable housing developer, as selected by DEVELOPER and approved by HCD, in accordance with the terms and schedule set out in the Proposition 1C Grant Agreement.