Resident organization definition
Resident organization means a group of residents made up of not less than 50% of total residents of the specific housing project who contract with a housing commission to manage that housing project for not less than 5 years with the intent to acquire legal ownership of the housing project under this act.
Resident organization means a group of mobile home park
Resident organization means a group of mobile home park residents who have formed a nonprofit corpora- tion, cooperative corporation, or other entity or organization for the purpose of acquiring the mobile home park in which they reside and converting the mobile home park to resident ownership. The membership of a resident organization shall include at least two-thirds of the households residing in the mobile home park at the time of application for assistance from the department.
Examples of Resident organization in a sentence
Not to interfere with Resident's right to organize and join a Resident organization.
Landlord agrees to allow Resident and Resident organizers to conduct on the property the activities related to the establishment or operation of a Resident organization set out in accordance with HUD requirements.
Resident organization: An organization of residents, which includes any resident management corporation.
More Definitions of Resident organization
Resident organization means a group of mobile and manufactured home park residents who have formed a nonprofit corporation, cooperative corporation, or other entity or organization for the purpose of acquiring the mobile home park in which they reside and converting the mobile home park to resident ownership.
Resident organization means a firm, partnership, group, association, corporation, governmental unit, company or organization of any kind, except the District, that has a significant relationship to the Park District community. A significant relationship can be demonstrated by meeting the following criteria:
Resident organization means a group of mobilehome park residents who have formed a nonprofit corporation, cooperative corporation, or other entity or organization for the purpose of acquiring the mobilehome park in which they reside and converting the mobilehome park to resident ownership. The membership of a resident organization shall include at least two-thirds of the households residing in the mobilehome park, or in each park of a combination of parks where the residents of two or more parks combine to form a single resident organization. The two-thirds of households in the resident organization at the time of funding the park need not be the same households that were residing in the park when the application for assistance was submitted to the department. A household’s membership in the resident organization when the application was submitted to the department shall not be a requirement for that household to receive a loan or assistance under this chapter.
Resident organization means an organized body of residents with an adopted set of by-laws, a democratic body, and elected officers. It shall include a resident management corporation.
Resident organization means a group of mobile home
Resident organization means a group or club that has met the requirements of Section 10 of these Rules and has received, and maintains, Board approval.
Resident organization means a group of mobile and manufactured home park