Common use of Project Certification Clause in Contracts

Project Certification. I certify, to the best of my knowledge, that the information provided in Section B of this report is true and correct. I hereby authorize the City of London to review the rent roll from appropriate source(s) if deemed necessary. Date: Signature Proponent Name Position Company/Organization A. Project Information B. Actual Rents at Year End Previous Year 20XX Current Year 20XX Unit Type IAH Funded Units Actual Rent per Unit per Month (A) RTA Permitted Increase per Unit per Month (%) (B) Actual Rent per Unit per Month (C) Rent Increase (D)=(A)-(C) CMHC AMR (E) Rationale (If D>B) C. Depth of Affordability: Rents during year of reporting (IAH Funded Units) – 80% CMHC AMR Unit Type Unit Size Number of Units (A) Actual rent to be Charged per Month (B) CMHC Average Market Rent (C) Actual Project Rents (D)= (A)x(B) Project Rents as per CMHC AMR (E)=(A)x(C)

Project Certification. I certify, to the best of my knowledge, that the information provided in Section B of this report is true and correct. I hereby authorize the City of London to review the rent roll from appropriate source(s) if deemed necessary. Date: Signature Proponent Name Position Company/Organization A. Project Information B. Actual Rents at Year End Previous Year 20XX Current Year 20XX Unit Type IAH Funded Units Actual Rent per Unit per Month (A) RTA Permitted Increase per Unit per Month (%) (B) Actual Rent per Unit per Month (C) Rent Increase (D)=(A)-(C) CMHC AMR (E) Rationale (If D>B) C. Depth ▇. ▇▇▇▇▇ of Affordability: Rents during year of reporting (IAH Funded Units) – 80% CMHC AMR Unit Type Unit Size Number of Units (A) Actual rent to be Charged per Month (B) CMHC Average Market Rent (C) Actual Project Rents (D)= (A)x(B) Project Rents as per CMHC AMR (E)=(A)x(C)