Common use of After Project Completion Clause in Contracts

After Project Completion. Within six months after Project completion, the Project Owner must: 1. Certify in writing to the Member and the Bank that the AHP subsidy the Project received was used for eligible purposes according to the commitments made in the Project’s AHP Application and that the services and activities committed to in the Project’s AHP Application have been provided in connection with the Project; 2. Provide a Project rent roll (the “Project Rent Roll”) to the Member and the Bank which lists all the rents and incomes for all households in the Project; 3. Provide to the Member and the Bank a certification, as well as all supporting documentation relied upon in such certification, to certify/verify that: (a) The tenant rents and incomes listed in the Project Rent Roll are accurate and in compliance with the rent and income targeting commitments made in the Application; and (b) The Project is habitable; and 4. Provide and/or certify any other information requested by the Bank pursuant to the Bank’s AHP Policies and Procedures and the AHP Regulations.

Appears in 1 contract

Sources: Affordable Housing Program Direct Subsidy Agreement

After Project Completion. Within six months after Project completion, the Project Owner must: 1. Certify in writing to the Member and the Bank that the AHP subsidy Subsidy the Project received was used for eligible purposes according to the commitments made in the Project’s AHP Application and that the services and activities committed to in the Project’s AHP Application have been provided in connection with the Project; 2. Provide a Project rent roll (the “Project Rent Roll”) to the Member and the Bank which lists all the rents and incomes for all households in the Project; 3. Provide to the Member and the Bank a certification, as well as all supporting documentation relied upon in such certification, to certify/verify that: (a) a. The tenant rents and incomes listed in the Project Rent Roll are accurate and in compliance with the rent and income targeting commitments made in the Application; and (b) b. The Project is habitable; and 4. Provide and/or certify any other information requested by the Bank pursuant to the Bank’s AHP Initiative Policies and Procedures and the AHP RegulationsProcedures.

Appears in 1 contract

Sources: Voluntary Housing Grant Initiative Agreement