HAP Contract definition

HAP Contract means the Current HAP Contract and any subsequent Section 8 Housing Assistance Payments Contracts entered into between Borrower and the Contract Administrator and affecting the Mortgaged Property.
HAP Contract means housing assistance payments contract. "HRS" means Hawaii Revised Statutes.

Examples of HAP Contract in a sentence

  • If a HAP Contract is entered into pursuant to the Rental Assistance Demonstration (“RAD”), the U.S. Department of Housing and Urban Development (“HUD”) will require Landlord and Tenant to enter into a RAD Use Agreement (“Use Agreement”) in connection with the provision of rental assistance to the Premises.


More Definitions of HAP Contract

HAP Contract means that certain Housing Assistance Payments Contract dated January 10, 1979 by and between the Connecticut Housing Finance Authority and Hanover Towers Realty Co. and approved by HUD, setting forth the Section 8 payments for the Apartment Complex, which Contract has been or will be assigned to the Partnership.
HAP Contract means the “Housing Assistance Payments Basic Renewal Contract Multi-Year Term” relating to the Project.
HAP Contract means the Housing Assistance Payments Contract between the Authority and the Owner for the Section 8 Project-Based Units, as amended.
HAP Contract means the PBV Housing Assistance Payments Contract by and between HACLA and the Partnership with respect to up to 80 residential units commencing on or shortly after February 1, 2021 for a term of not less than 20 years with options to extend.
HAP Contract means the PBRA Housing Assistance Payments Contract for the Conversion of Public Housing to Project-Based Section 8 (Rental Assistance Demonstration Component 1) entered into between HUD and the Partnership on or about October , 2021 with respect to 226 of the units in the Apartment Complex for a 20 year term with rents at $590.00 per month for 50 one bedroom units, $647.00 per month for 85 one bedroom units, $747.00 for 82 one bedroom units, $839.00 for 5 two bedroom units and $939.00 for 4 two bedroom units.