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202208480
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Last modified
12/9/2022 4:20:59 PM
Creation date
12/9/2022 4:20:27 PM
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DEEDS
Inst Number
202208480
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202208480 <br />Targeted Rent Levels <br />100% of the Qualified Units (56) will have overall rents affordable at or below 42.5% of the <br />applicable area median income. <br />Affordability Period <br />Required Number of Years: _45_ Total Years (Compliance Period: 15 years plus Extended <br />Use period 30 years) <br />Qualified Contract <br />Qualified Contract Required Number of Years :_30_Years <br />Additional Targeting Commitments All commitments of the Owner (as set forth in the <br />Application and which are incorporated herein by reference), including, but not limited to the <br />following: <br />Supportive Services and Amenities Supportive Services and Amenities (as set forth in the <br />Application and which are incorporated herein by reference), for which points were awarded <br />during the scoring process: <br />Supportive Services: Total of _3_ points Amenities: Total of _6_ points <br />Other Signatories to the Agreement <br />Lender(s): Horizon Bank <br />Building A Better Tomorrow, Inc. <br />Dana Point Development Corporation <br />Final 12/21 <br />
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