Land Use Restriction Agreement Sample Contracts
Land Use Restriction Agreement and Declaration of Land Use Restrictive Covenants for Low-Income Housing Tax CreditsLand Use Restriction Agreement • April 2nd, 2025 • Arkansas
This Land Use Restriction Agreement and Declaration of Land Use Restrictive Covenants for Low-Income Housing tax Credits (this “AGREEMENT”), dated as of __________________________, is entered into by Click here to enter text. and its successors and assigns (the “Development Owner”) and the Arkansas Development Finance Authority, a public body politic and corporate of the State of Arkansas, together with any successor to its rights, duties and obligations (the “Authority”). This AGREEMENT is entered to comply with Section 42 of the Internal Revenue Code of 1986, as amended, 26 USC § 1 et seq., (the “Code”), and serves as the “extended low-income housing commitment” required by Section 42(h)(6)(A) of the Code.
LAND USE RESTRICTION AGREEMENT FOR LOW INCOME HOUSING TAX CREDITSLand Use Restriction Agreement • January 24th, 2025 • Nebraska
This Memorandum of Land Use Restriction Agreement (“Memorandum”) is made and entered into as of [MONTH][DAY], [YEAR] by and between the NEBRASKA INVESTMENT FINANCE AUTHORITY, a body politic and corporate, not a state agency, but an independent instrumentality exercising essential public functions under the laws of the state of Nebraska (the “Authority”) and the OWNER IDENTIFIED BELOW (the “Owner”) of the rental housing development (the “Project”) located on the property (the “Property,” and together with the Project, the “Premises”) described in Attachment I (“Attachment I”) to provide record notice of certain restrictions with respect to the transfer by the Owner of the Premises hereto, who acknowledge and agree as follows:
LAND USE RESTRICTION AGREEMENT FOR LOW INCOME HOUSING TAX CREDITSLand Use Restriction Agreement • January 24th, 2025 • Nebraska
This Memorandum of Land Use Restriction Agreement (“Memorandum”) is made and entered into as of [MONTH][DAY], [YEAR] by and between the NEBRASKA INVESTMENT FINANCE AUTHORITY, a body politic and corporate, not a state agency, but an independent instrumentality exercising essential public functions under the laws of the state of Nebraska (the “Authority”) and the OWNER IDENTIFIED BELOW (the “Owner”) of the rental housing development (the “Project”) located on the property (the “Property,” and together with the Project, the “Premises”) described in Attachment I (“Attachment I”) to provide record notice of certain restrictions with respect to the transfer by the Owner of the Premises hereto, who acknowledge and agree as follows:
LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • September 20th, 2017
THIS LAND USE RESTRICTION AGREEMENT (hereinafter known as “AGREEMENT”) is entered into as of the day of , 2017 (Effective Date), between Pinellas County (COUNTY), whose mailing address is 315 Court Street, Clearwater, Florida 33762 and Habitat for Humanity of Pinellas County, Inc., having its principal office at 13355 49th Street North, Clearwater, Florida 33762, a not-for- profit corporation organized under the laws of the State of Florida, including its successors, assigns, and transferees (AGENCY).
CROWN Land Use Restriction Agreement (LURA)Land Use Restriction Agreement • October 13th, 2011 • Nebraska
LAND USE RESTRICTION AGREEMENT:Land Use Restriction Agreement • July 28th, 2022
ATTENTION: THE DEED OF CONVEYANCE MUST STATE THAT THE PROPERTY IS SUBJECT TO THIS AGREEMENT, AND THIS DOCUMENT MUST BE RECORDED IMMEDIATELY FOLLOWING THE RECORDATION OF THE DEED IN THE LAND RECORDS OF THE JURISDICTION IN WHICH THE PROPERTY IS LOCATED.
LOW-INCOME HOUSING TAX CREDIT LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • June 10th, 2022
, 2022, is by and between , a Colorado , and its successors and assigns (the “Owner”), and the Colorado Housing and Finance Authority, a body corporate and political subdivision of the State of Colorado (the “Authority”).
EX-10.20 22 a12-8840_1ex10d20.htm EX-10.20 LAND USE RESTRICTION AGREEMENT by and between BOKF, NA DBA BANK OF OKLAHOMA the Trustee, and EAGLEWOOD PROPERTY HOLDINGS, LLC the Borrower Pertaining to $6,610,000 The City of Springfield, Ohio First Mortgage...Land Use Restriction Agreement • May 5th, 2020
THIS LAND USE RESTRICTION AGREEMENT (this “Restriction Agreement”) is dated as of April 12, 2012, by and between BOKF, NA DBA BANK OF OKLAHOMA, Tulsa, Oklahoma (the “Trustee”) and EAGLEWOOD PROPERTY HOLDINGS, LLC, a Georgia limited liability company (together with its successors and assigns permitted hereunder, the “Borrower”).
LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • May 5th, 2020 • Florida
This LAND USE RESTRICTION AGREEMENT (this "Agreement" or “LURA”) is made and entered into as of , 2006, between the CHARLOTTE COUNTY BOARD OF COUNTY COMMISSIONERS (the "County") and TRABUE-WOODS ECONOMIC
LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • June 1st, 2020 • Georgia
THIS LAND USE RESTRICTION AGREEMENT (as amended, modified or supplemented from time to time, the “LURA”) is made and entered into as of , (the “Effective Date”), by and between , a (Type of Organization example, LLC, etc) (together with its successors, assigns and transferees of the Property (as hereinafter defined), “Owner”) and the CITY OF ATLANTA, a municipal corporation of the State of Georgia (“City”).
LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • April 18th, 2019
THIS AGREEMENT is entered into as of the day of , 2019, by and between RIDGE AREA ARC, INC (herein Agency), a Florida not-for-profit corporation, whose mailing address is 4352 Independence Street, Avon Park, Florida 33825, its successors, assigns and transferees of the Property described below, and Highlands County (herein County), a political subdivision of the State of Florida, whose mailing address is 600 South Commerce Avenue, Sebring Florida, 33870;
AMENDED AND RESTATED LAND USE RESTRICTION AGREEMENT FOR: PEARL HOMES PARTNERSHIP EIGHT, LLC – THE METROPOLITANLand Use Restriction Agreement • August 6th, 2021 • Florida
(“Agreement”) is made and entered into as of the day of , 2021, by and between the City of Bradenton, a municipal corporation existing by and under the laws of the State of Florida (the “City”), the Community Redevelopment Agency of the City of Bradenton, a dependent special district of the City of Bradenton (“CRA”) and Pearl Homes Partnership Eight, LLC, a Florida limited liability company (hereinafter referred to as the “Owner”).
LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • May 26th, 2022 • New Mexico
THIS LAND USE RESTRICTION AGREEMENT (“LURA” or “Agreement”), effective as of [INSERT CLOSING DATE] 2022, is made between the New Mexico Mortgage Finance Authority, a public body politic and corporate, separate and apart from but constituting a governmental instrumentality of the state of New Mexico (“Grantor”) and Click here to enter text., a [STATE OF FORMATION] Choose an item. (“Grantee”), owning the real property described in Exhibit A hereto (“Property”).
EXAMPLE LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • July 1st, 2025 • Florida
This example land use restriction agreement is an educational document. A local government should consult with its attorney when the local government drafts or accepts a land use restriction agreement.
LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • July 25th, 2024 • Florida
WHEREAS, the Owner is the owner in fee of that certain real property located in Alachua County, Florida, located at , on Alachua County Tax Parcel , as further described in Exhibit “A” attached hereto and incorporated herein by reference, hereinafter referred to as the “Property”; and
LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • September 11th, 2013
This Land Use Restriction Agreement (“LURA”) is made and entered into this [ ] day of [ 201 ], by and between the NEW MEXICO MORTGAGE FINANCE AUTHORITY, a public body politic and corporate, separate and apart from but constituting a governmental instrumentality of the State of New Mexico, as Trustee of the Housing Trust Fund (“MFA”), and [OWNER], a New Mexico [limited partnership, limited liability company, etc.] (“Owner”).
Record and Return to: Colorado Housing and Finance AuthorityLand Use Restriction Agreement • February 14th, 2022 • Colorado
LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • March 11th, 2021 • Georgia
THIS LAND USE RESTRICTION AGREEMENT (as amended, modified or supplemented from time to time, the “LURA”) is made and entered into as of , (the “Effective Date”), by and between [INSERT COMPANY NAME], a (Type of Organization example, LLC, etc) (together with its successors, assigns and transferees of the Property (as hereinafter defined), “Owner”) and the CITY OF ATLANTA, a municipal corporation of the State of Georgia (“City”).
LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • February 1st, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts • Iowa
Land Use Restriction AgreementLand Use Restriction Agreement • July 16th, 2018
LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • September 11th, 2013 • New Mexico
THIS LAND USE RESTRICTION AGREEMENT, is made and entered into effective as of [ , 20 ], between , a New Mexico nonprofit corporation (the "Seller"), and , [a[single person/husband and wife], (the "Owner"), owning the real property described in Exhibit A hereto (the "Property").
ContractLand Use Restriction Agreement • November 22nd, 2010
Resolution to subordinate and amend the Land Use Restriction Agreement connected with the issuance of Ohio Mortgage Revenue Bonds, Series 1997C - GNMA Collateralized – for the Briggs/Wedgewood Apartments Project (Economic Development and Planning)
LAND USE RESTRICTION AGREEMENT FOR LOW-INCOME HOUSING TAX CREDITLand Use Restriction Agreement • December 7th, 2000 • Wisconsin
THIS LAND USE RESTRICTION AGREEMENT (the “Agreement”) dated as of , , is by and between , a Wisconsin (the "Owner") and the WISCONSIN HOUSING AND ECONOMIC DEVELOPMENT AUTHORITY, a public body corporate and politic, located at 201 West Washington Avenue, Suite 700, P. O. Box 1728, Madison, Wisconsin 53701-1728 (the "Authority").
LAND USE RESTRICTION AGREEMENT STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAMLand Use Restriction Agreement • November 22nd, 2016
THIS AGREEMENT is entered into as of the 3rd day of October, 2016, among VOLUNTEERS OF AMERICA OF FLORIDA, INC. (herein Agency), a Florida not-for-profit corporation, whose mailing address is 405 Central Avenue, Suite 100, St. Petersburg, FL 33701, its successors, assigns and transferees of the Property described below, and Highlands County (herein County), a political subdivision of the State of Florida, whose mailing address is 600 South Commerce Avenue, Sebring Florida, 33870;
ContractLand Use Restriction Agreement • February 25th, 2021
Anyone wishing to view supporting documents for agenda items, please contact: Karen Kyser, Program Administrator: 941-932-9440 or karen.kyser@cityofbradenton.com
LAND USE RESTRICTION AGREEMENT:Land Use Restriction Agreement • November 13th, 2024
The parties, intending to be lawfully bound, for good and valuable consideration, the receipt of which is hereby acknowledged, do hereby agree as follows:
LAND USE RESTRICTION AGREEMENT (Multifamily Properties)Land Use Restriction Agreement • April 6th, 2025 • Texas
THIS LAND USE RESTRICTION AGREEMENT ("Agreement" or “LURA”), executed to be effective the ■ day of ■, 20, is by and between ■ (“[Leasehold] Owner”), and the TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS, a public and official agency of the State of Texas ("Department") (herein collectively referred to as the “Parties”).
LAND USE RESTRICTION AGREEMENT (DRAFT)Land Use Restriction Agreement • May 12th, 2025 • Rhode Island
WHEREAS, the Owner is the owner of certain real property located at 32 Meeting Street, Cumberland, Rhode Island (the “Property”), as more fully described in Exhibit A attached hereto;
LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • November 21st, 2016
This Land Use Restriction Agreement and Declaration of Land Use Restrictive Covenants (the “Agreement”), dated , 2009, is hereby entered into by
LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • December 18th, 2024 • Florida
Chapter 2023-17, Laws of Florida (the “Live Local Act”) and as amended from time to time, a city must authorize multifamily and mixed-use residential as allowable uses in any area zoned for commercial, industrial or mixed use if at least 40 percent of the residential units in the proposed multifamily or mixed-use development are rental units that, for a period of at least 30 years, affordable as defined in s. 420.0004, Fla. Stats.; and,
LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • June 6th, 2024 • Texas
THIS LAND USE RESTRICTION AGREEMENT ("Agreement") is made and entered into to be effective the day of , 2024, by and between WEBB COUNTY, a political subdivision of the State of Texas ("Owner"), and TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS ("Department"), a public and official department of the State of Texas, together, (the “Parties”).
PREPARED BY AND RETURN TO:Land Use Restriction Agreement • June 5th, 2017
ContractLand Use Restriction Agreement • January 22nd, 2018
EXHIBIT "E"Land Use Restriction Agreement • October 2nd, 2012 • Florida
LOW INCOME HOUSING TAX CREDIT LAND USE RESTRICTION AGREEMENTLand Use Restriction Agreement • May 21st, 2021 • New Mexico
«Owner_Name», a «Owner_Entity_Type», and its successors and assigns (the "Owner"), and the New Mexico Mortgage Finance Authority, a body politic and corporate constituting a governmental instrumentality of the State of New Mexico (“MFA”).