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202404379
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Last modified
9/10/2024 1:18:22 PM
Creation date
9/10/2024 1:18:21 PM
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DEEDS
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202404379
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a <br />(0 <br />s <br />CASH <br />CHECK S\K -.00 <br />REFUNDS: <br />CASH <br />CHECK <br />HALL COUNTY NE <br />INST 20211 0 u 3 l 9 2024 `ti`` 10 P 1: 0 3 <br />V O L D <br />REGISTER ER OF DEEDS <br />E <br />ADDENDUM TO LAND USE RESTRICTION AGREEMENT FOR 5r'� <br />LS LOW INCOME HOUSING TAX CREDITS <br />This Addendum to Land Use Restriction Agreement for Low -Income Housing Tax Credits <br />("Addendum") is entered into this 20th day of August, 2024 between the NEBRASKA INVESTMENT <br />FINANCE AUTHORITY (the "Authority"), a body politic and corporate, not a state agency but an <br />independent instrumentality exercising essential public functions under the constitution and laws of <br />the State of Nebraska and State Street Villas, a Nebraska Limited Liability Company (the "Owner"), <br />and is incorporated into and shall be deemed to amend and supplement the Land Use Restriction <br />Agreement for Low Income Housing Tax Credits (the "Agreement") between the Authority and the <br />Owner, filed with respect to the property described hereto and recorded on July 30, 2024 in <br />Instrument No. 202403568 thereof in the official records of Hall County, Nebraska (the "Agreement"). <br />WHEREAS, the Authority allocated to the Owner certain federal and state low-income housing <br />tax credits with respect to the rental housing development located and described on Exhibit A <br />attached hereto (the "Project"); and <br />WHEREAS, the Owner and the Project are required by the Agreement to continuously comply <br />with Section 42 and other applicable sections of the Internal Revenue Code of 1986, as amended (the <br />"Code"), and the Treasury Regulations promulgated thereunder (the "Regulations"); and <br />NOW THEREFORE, in consideration of mutual promises and covenants set forth in the <br />Agreement and this Addendum, and of other valuable consideration, the Owner and the Authority <br />agree as follows: <br />1. The Summary Page attached to the Agreement shall be removed in its entirety and <br />replaced with the attached Summary Page. <br />Final 12/21 <br />
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