Examples of Bond Financed Projects in a sentence
Proposed Bond Financed Projects that are financed by HUD or USDA and include a commitment for at least 15-year project based rental assistance for the majority of project units from HUD or USDA may request waivers of certain QAP requirements in accordance with written confirmation from the federal agency that the conditions requiring a waiver of QAP requirements have been approved.
An Application for Credits for Bond Financed Projects must satisfy all applicable requirements set forth in Appendix I, Threshold Criteria, of the Plan and all applicable requirements set forth in the Plan.
An Application for Credits for Bond Financed Projects must satisfy all applicable requirements in Appendix I, Threshold Criteria, of the Plan and all applicable requirements in the Plan.
See Core, 4% Federal Credit – Bond Financed Projects for applicable procedures.
Additional minimum Project Threshold Requirements apply to Tax Exempt Bond Financed Projects, as described in Section VI.B.
Finally, conformance to MFA Mandatory Design Standards for Multifamily Rental Housing, in the Application Package, is mandatory for all Projects including Tax Exempt Bond Financed Projects.
Tax Exempt Bond Financed Projects in which fifty percent (50 percent) or more of the aggregate basis is funded with the proceeds of bond financing may also be exempt, in MFA’s discretion, from many of the certification and review provisions outlined within this document.
Additionally, numerous bond-financing rules apply and many Tax Credit requirements are different for Tax Exempt Bond Financed Projects.
Tax Exempt Bond Financed Projects will also be scored and must obtain a score of at least 80 points in order to obtain a Letter of Determination that they are consistent with the QAP.
The Applicable Credit Percentage may be locked in at the Developer’s option, at 1) the month in which the building is Placed In Service or 2) the month in which a Binding Commitment (Carryover Allocation) is made for an allocation or, in the case of Tax Exempt Bond Financed Projects, the month the tax-exempt obligations are issued.