Execution of Senior Project Rental Assistance Contract Sample Clauses

Execution of Senior Project Rental Assistance Contract a. Time of Execution. Upon the execution of the Owner’s prepayment and refinancing of its Section 202 Direct Loan, and HUD’s approval of the Owner’s request for Senior Preservation Rental Assistance subsidies, the Senior Preservation Rental Assistance Contract (SPRAC) shall be executed first by the Owner and then by HUD for the purpose of providing rental subsidies to unassisted tenants who are eligible Low-income or Very Low-Income Elderly Households (Households) in the project.
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Related to Execution of Senior Project Rental Assistance Contract

  • Selection of Subcontractors, Procurement of Materials and Leasing of Equipment The contractor shall not discriminate on the grounds of race, color, religion, sex, national origin, age or disability in the selection and retention of subcontractors, including procurement of materials and leases of equipment. The contractor shall take all necessary and reasonable steps to ensure nondiscrimination in the administration of this contract. a. The contractor shall notify all potential subcontractors and suppliers and lessors of their EEO obligations under this contract. b. The contractor will use good faith efforts to ensure subcontractor compliance with their EEO obligations.

  • Notice to Proceed - Site Improvements The Recipient shall not commence, or cause to be commenced, any site improvements or other work on the Land until the Director has issued a Notice to Proceed to the Recipient. Such Notice to Proceed will not be issued until the Director is assured that the Recipient has complied with all requirements for the approval of a grant under Revised Code Sections 164.20 through 164.27 and has completed any land acquisition required by the Project. A Notice to Proceed shall be required for all Project prime contractors or direct procurement initiated by the Recipient following execution of this Agreement.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Construction Phase Services 3.1.1 – Basic Construction Services

  • COMMENCEMENT OF WORK UNDER A SOW AGREEMENT Commencement of work as a result of the SOW-RFP process shall be initiated only upon issuance of a fully executed SOW Agreement and Purchase Order.