3. The HFA will implement the regulatory agreement and take action against all murderers who violate its provisions. These measures may include a declaration of delay and application to a court for the specific implementation of the agreement. (c) the application of the legislation. The regulatory agreement is implemented by the HFA. (3) Maintain the project as affordable housing within the meaning of section 266.5. The real estate that is acquired applies subject to all the provisions of the HUD regulatory agreement. (1) Make all payments due as part of the mortgage and loan/borrowing. b) requirements. The regulatory agreement must oblige the Mortgagor to comply with the provisions of this party and to oblige the Mortgagor, among other things: the following provisions contain provisions that can expire automatically when the loan is no longer insured or held by HUD: if one of the provisions of the organisational file is at odds with the terms of the hud insured note, the security instrument or the HUD regulatory agreement (HUD loan documents), for example, the provisions contained in the HUD loan documents. (1) The HFA must execute, in descriptive form, a regulatory agreement between Mortgagor and HFA, which is in effect for the duration of the mortgage and the loan or insured loan.
The regulatory agreement must include a description of the property. The regulatory agreement must be included in the mortgage by reference and covered by the mortgage. CONSIDERING: the hospital`s foundation board (i) the economic costs and benefits of the project, (ii) the application, including the attached feasibility study of February 12, 2016, by Dixon Hughes Goodman LLP (the „feasibility study“), and (iii) the form of the HUD regulatory agreement and the required standard agreements attached to Schedule 1 of this resolution, and (iii) took into account its effects on the hospital. (8) Complete the housing marketing plan and all other fair housing and equal opportunities requirements. During his meeting with HUD, Jacobson learned that HUD was investigating YNM because HUD believed that the partnership money had been transferred to another account, while the hud note was in default, in violation of the HUD regulatory agreement, which is an integral part of HUD`s loan documents. (4) Continue to use residential units for their original purposes. (10) Make books and records available for verification by HUD or the General Accounting Office (GAO) with appropriate notification. (7) Keep complete books and recordings exclusively for the project. (11) Allow HUD officials or collaborators to review the project at the Commissioner`s request.
(2) Create, if necessary, a declining fund for future capital requirements.
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