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WESTVIEW HOUSE L (3).P
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WESTVIEW HOUSE L (3).P
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Last modified
7/6/2022 11:57:00 AM
Creation date
7/6/2022 11:54:11 AM
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Contracts
Company Name
WESTVIEW HOUSE L.P
Contract #
A-2022-085
Agency
Community Development
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the Area or 60% of the applicable Median Income for the Area, as applicable, in each case, <br />adjusted for household size, such tenant may be permitted to continue to occupy the unit at <br />the rental rate as provided for in Sections 7.1 and 7.2 above, as applicable, until the tenant <br />chooses to vacate the unit. After the unit is vacated, the Developer shall re -rent the unit to <br />a tenant pursuant to the terns, covenants and conditions of this Agreement. <br />7.4. Prohibited Fees. The Developer and subsequent owner is prohibited from <br />charging fees that are not customary, consistent with 24 CFR section 92.504(c)(3)(xi). The <br />Developer and subsequent owner can charge reasonable application fees to prospective <br />tenants; other fees only to the extent that they are reasonable and customary for the project <br />area; and fees for services provided to tenants, provided that these services are not <br />mandatory. <br />7.5. Operation and Maintenance of the Property. Solely at Developer's <br />expense, Developer agrees to maintain the Property in a clean and orderly condition and in <br />good condition and repair and keep the Property free from any accumulation of debris and <br />waste materials. If at any time Developer fails to maintain, or cause to be maintained, the <br />Property as required by this section, and said condition is not corrected after the expiration <br />of a reasonable period of time not to exceed thirty (30) days from the date of written notice <br />from the City, unless such condition cannot reasonably be cured within thirty (30) days, in <br />which case Developer shall have such additional time as reasonably necessary to complete <br />such cure, the City may perform the necessary maintenance and Developer shall pay all <br />reasonable costs incurred for such maintenance. The City shall inspect the Property <br />annually after the date of issuance of the Certificate of Completion as described in Article <br />17 of this Agreement. During the Affordability Period, the Property must meet all <br />applicable State and local codes. The Property must be free of all health and safety defects <br />during the Affordability Period. <br />(a) Operation. During the Tenn of Agreement, Developer shall at all <br />tunes operate on the Project an affordable housing rental facility in compliance with this <br />Agreement and the Affordability Restrictions on Transfer of Property. <br />(b) Maintenance. During the Tenn of Agreement, Developer agrees to <br />maintain all interior and exterior improvements, including landscaping (and all abutting <br />ground, sidewalks, roads, parking and landscape areas) on the Project in good condition, <br />repair and sanitary condition (and, as to landscaping, in a healthy condition) and in <br />accordance with any Management Plan approved by the City under this Loan Agreement <br />(such approval not to be unreasonably withheld or delayed) (including without limitation <br />any landscape and signage plans), as the same may be amended from time to time, and all <br />other applicable laws, rules, ordinances, orders, and regulations of all federal, state, county, <br />municipal, and other governmental agencies and bodies having jurisdiction and all their <br />respective departments, bureaus, and officials. Developer acknowledges the great <br />emphasis the City places on quality maintenance to protect its investment and to provide <br />quality affordable housing for its constituents and to ensure that all City -subsidized <br />affordable housing projects within the City are not allowed to deteriorate due to deficient <br />maintenance. In addition, Developer shall keep the Project free from all graffiti and any <br />accumulation of debris or waste material. Developer shall promptly make all repairs and <br />16 <br />Westview House <br />City Rental Rehabilitation Program Loan Agreement <br />
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