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201106807
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Last modified
9/15/2011 10:49:31 AM
Creation date
9/14/2011 4:17:20 PM
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DEEDS
Inst Number
201106807
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20110680i <br />(i) That the Project shall consist of one or more proximate buildings or <br />structures located on a single tract of land which have similarly constructed units <br />fmanced pursuant to a common plan (unless the Project qual�es as a scattered site <br />project under Section 42(g)(7) of the Code), together with functionally related and <br />subordinate facilities which shall be owned by the Owner or a Related Person. <br />(j) That the Owner shall not discriminate on the basis of race, creed, color, <br />sex, sexual preference, age, handicap, marital status, national origin, familial status, <br />source of income or disability in the lease, use or occupancy of the Project or in <br />employment of persons for �lie operation and management of the Project. <br />(k) That the Owner will accept as tenants, on the same basis as all other <br />prospective tenants, persons who are holders of vouchers or certificates for federal <br />housing assistance payments for existing housing pursuant to Section S of the <br />United States Housing Act of 1937 or a successor federal program, and, in connection <br />therewith, the Owner will not apply tenant selection criteria to such voucher or certificate <br />holders which are more burdensorne than the criteria applied to any other prospective <br />tenants. <br />(1) That the Owner will not discrirninate against prospective tenants on the <br />basis of their receipt of, or eligibility for, housing assistance under any federal, state or <br />local program or on the basis that they have a minor child or children living with them. <br />(m) That the Owner will not knowingly take or permit to be taken any action <br />which would have the effect, directly or inditrectly, of subjecting the Owner of the Project <br />to noncompliance with Section 42 of the Code and the Regulations. <br />(n) Except as forth in Section 7 of this Agreement, that the Owner may sell, <br />transfer or exchange the entire Project at any time but may not make a disposition to any <br />person of any portion of the Project to which this Agreement applies unless all of the <br />Project to which this Agreement applies is disposed of to such person. In all cases the <br />Owner shall notify in writing and obtain the agreement of any buyer or successor or other <br />person acquiring the Project or any interest therein that such acquisition is subject to the <br />requirements of this Agreernent. The Owner shall promptly notify the Authority of such <br />transfer. This provision shall not act to waive any other restriction on such sale, transfer <br />or exchange. <br />(o) That the Owner (or its Property Manager with respect to the Project) shall <br />attend in each year of the Quali�ed Project Period at least one of the property <br />management/compliance monitoring sessions sponsored by the Authority. <br />(p) For each year of the Qualified Project Period the Owner will submit to the <br />Authority a copy of the Project's �led IRS Form 1065. <br />Section 4. Occupancy Restrictions. For the purpose of satisfying the requirements of <br />Section 42 of the Code, at least for the Qualified Project Period, the Owner hereby represents, <br />covenants and agrees as follows: <br />4832-2986-0106.1 <br />0 <br />
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