Common use of Major Phase Applications Clause in Contracts

Major Phase Applications. Specific details regarding the New TIHDI Units, such as the program, building configuration, unit types and sizes, the potential for including a mixture of New TIHDI Units and Authority Units in the same building, and specific developers and service providers for the New TIHDI Units, are not known at this time, nor is it anticipated that they will be known at the time the Amended and Restated TIHDI Agreement is finalized. As a result, the Amended and Restated TIHDI Agreement will outline a Major Phase planning process between the Authority and TIHDI that is coordinated with the Major Phase planning process, close of escrow, and horizontal development under the TICD DDA. At the time TICD submits each Major Phase application in accordance with the TICD DDA, the Authority and TIHDI will meet and confer to agree on the following: a) The exact locations and sizes of the Developable Pads for the New TIHDI Units in that phase. Criteria for the selection of TIHDI's Developable Pads will include (i) selection criteria used for applications for tax credits and other financing (which criteria may include proximity to certain services), (ii) proximity to other services that support the residents in supportive housing, and (iii) the preference for sites that can accommodate on-grade structured parking. b) The program for delivery of the New TIHDI Units based on (i) acknowledgement of the then current programs for the Existing TIHDI Units and TIHDI's preference to continue the programs and providers of the Existing TIHDI Units at the time, (ii) the Authority and City policy priorities regarding affordable, supportive housing and supportive homeless housing, (iii) available non-project generated capital funding sources, and (iv) operating issues including available operating subsidies, operating efficiencies associated with sizes of buildings, etc. The program for delivery of the 250 TIHDI Replacement Units will use the criteria described above as a starting point. The Amended and Restated TIHDI Agreement may include other mutually agreed upon criteria applicable to the 250 TIHDI Replacement Units. c) Whether any projects in that phase will include a mixture of New TIHDI Units and Authority Units. d) The schedule of delivery for the TIHDI Developable Pads, the vertical construction subsidy (including the moving cost payments) and other project- generated financing such as tax increment, housing impact fees, etc. for the New TIHDI Units to be constructed in such phase. e) The schedule of performance for construction of the New TIHDI Units in the phase, as described more particularly in Section 8, below, which will be consistent with the schedule for obtaining financing from non-project generated sources. f) Whether it is feasible to include any additional homeless housing units in the phase and increase the number of New TIHDI Units above the minimum required 435 units based on the criteria described in Section 6.b, and, if so, whether it is appropriate to transfer any Developable Pads for Authority Units to TIHDI to accommodate such increase.

Major Phase Applications. Specific details regarding the New TIHDI Units, such as the program, building configuration, unit types and sizes, the potential for including a mixture of New TIHDI Units and Authority Units in the same building, and specific developers and service providers for the New TIHDI Units, are not known at this time, nor is it anticipated that they will be known at the time the Amended and Restated TIHDI Agreement is finalized. As a result, the Amended Parties agree to work together to plan and Restated coordinate the construction of the New TIHDI Agreement will outline Units on a Major Phase planning process between the Authority and TIHDI that is coordinated parallel path with the approval of Major Phase planning process, close of escrow, Phases and horizontal development Sub-Phases under the TICD DDA. At the time TICD submits each Major Phase application in accordance with Application under the TICD DDA, the Authority and TIHDI will promptly meet and confer to agree on the following: a) The exact locations and sizes of the Developable Pads for the New TIHDI Units in that phaseMajor Phase. Criteria for the selection of TIHDI's Developable Pads will include (i) selection criteria used for applications for tax credits and other financing (which criteria may include proximity to certain services), (ii) proximity to other services that support the residents in supportive housing, and (iii) the preference for sites that can accommodate on-grade structured parking.can b) The program for delivery of the New TIHDI Units based on on (i) acknowledgement of the then current programs for the Existing TIHDI Units and TIHDI's preference to continue the programs and providers of the Existing TIHDI Units at the time, (ii) the Authority and City policy priorities regarding affordable, supportive housing and supportive homeless housing, (iii) available non-project generated capital funding sources, and (iv) operating issues including available operating subsidies, operating efficiencies associated with sizes of buildings, etcand integration with the Project. The program for delivery of the 250 TIHDI Replacement Units will use the criteria described above as a starting point. The Amended and Restated Parties intend to prioritize the construction of the TIHDI Agreement may include other mutually agreed upon criteria applicable Replacement Units to the 250 extent feasible, and to construct the remaining New TIHDI Replacement Units and the Authority Units so as to maximize the amount and the speed of delivery of Affordable Units, and to take such additional steps and consider such additional factors as necessary to ensure the successful completion of the Project as a whole. c) Whether any projects in that phase Major Phase or Sub-Phase will include a mixture of New TIHDI Units and Authority Units. d) The schedule of delivery for the TIHDI Developable PadsLots, the vertical construction subsidy (including the moving cost payments) and other project- project-generated financing such as tax increment, increment or housing impact fees, etc. fees for the New TIHDI Units to be constructed in such phasethat Major Phase or Sub-Phase. e) The schedule of performance for construction of the New TIHDI Units in the phaseMajor Phase or Sub-Phase, as described more particularly in Section 8, 8 below, which will be consistent with the schedule for obtaining financing from non-non- project generated sources. f) Whether it is feasible to include any additional homeless housing units in the phase Major Phase or Sub-Phase and increase the number of New TIHDI Units above the minimum required 435 units based on the criteria described in Section 6.b, 6.b above and, if so, whether it is appropriate to transfer any Developable Pads for Authority Units Affordable Lots to TIHDI to accommodate such increase. g) The Community Facilities to be provided in the Major Phase, which must generally accord to the process outlined in the Communities Facilities Plan, with consideration of the size, location and adjacencies of the Community Facilities.