Community Development Block Grant Subrecipient and Affordable Housing Investment Fund Loan Agreement Sample Contracts

AFFORDABLE HOUSING INVESTMENT FUND LOAN AGREEMENT
Community Development Block Grant Subrecipient and Affordable Housing Investment Fund Loan Agreement • June 3rd, 2013 • Virginia

LOAN AGREEMENT (this “Agreement”) is entered into as of this _ day of , 2013 (the “Effective Date”) by and among THE COUNTY BOARD OF ARLINGTON COUNTY, VIRGINIA, a body politic (the “County Board”), acting through its County Attorney and County Manager (the “County Staff”), AHC LIMITED PARTNERSHIP - 23, a Virginia limited partnership (the “Borrower”), and AHC INC., a Virginia non-stock corporation, as guarantor (“AHC”). Individually, the County Board, AHC, and the Borrower may each be referred to hereinafter as the “Party”, or collectively as the “Parties”.