Financial Framework. The LHA shall finance development or acquisi- tion by sale of its notes (bond financing shall not be used) in the amount of the Minimum Development Cost. Payment
Appears in 2 contracts
Sources: Homeownership and Housing Agreements, Homebuyers Ownership Opportunity Agreement
Financial Framework. The LHA shall finance development or acquisi- tion by sale of its notes (bond financing shall not be used) in the amount of the Minimum Development Cost. PaymentPayment of the debt service on the notes is as- sured by the HUD commitment to pro- vide annual contributions.
Appears in 2 contracts
Sources: Homeownership Counseling and Training, Homebuyers Ownership Opportunity Agreement