Base Event
Confidence 0.95 out of 1 Conf 0.95
latest of multiple events including: obligation satisfaction, 15 years from 50% occupancy, Section 8 termination, Tax Credit compliance end, Real Property Tax Benefits expiration, or mortgage satisfaction
""Occupancy Restriction Period" shall mean that period commencing on the later of (a) the date that ten percent (10%) of the units in the Project are first occupied or (b) the date of issuance of the Obligations and ending on the latest of (i) the first day on which no Obligations or other tax-exempt private-activity obligation with respect to the Project is still outstanding; (ii) fifteen (15) years from the date that fifty percent (50%) of the units in the Project are first occupied; (iii) the date on which any assistance provided with respect to the Project under Section 8 of the United States Housing Act of 1937 as amended terminates; (iv) in the event the Project receives Tax Credits, the first day on which the Mortgagor is no longer required to comply with the provisions set forth in Exhibit B hereto; (v) the first day on which the Project's Real Property Tax Benefits expire; or (vi) the date that the Mortgage or any mortgage held by HDC with respect to the Project is satisfied."
Expiration Date
Confidence 0.00 out of 1 Not found
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Unlocated
Expiration Expression
Confidence 0.95 out of 1 Conf 0.95
Occupancy Restriction Period
""Occupancy Restriction Period" shall mean that period commencing on the later of (a) the date that ten percent (10%) of the units in the Project are first occupied or (b) the date of issuance of the Obligations and ending on the latest of (i) the first day on which no Obligations or other tax-exempt private-activity obligation with respect to the Project is still outstanding; (ii) fifteen (15) years from the date that fifty percent (50%) of the units in the Project are first occupied; (iii) the date on which any assistance provided with respect to the Project under Section 8 of the United States Housing Act of 1937 as amended terminates; (iv) in the event the Project receives Tax Credits, the first day on which the Mortgagor is no longer required to comply with the provisions set forth in Exhibit B hereto; (v) the first day on which the Project's Real Property Tax Benefits expire; or (vi) the date that the Mortgage or any mortgage held by HDC with respect to the Project is satisfied."
Party
Confidence 0.95 out of 1 Conf 0.95
263 WEST 153RD STREET L.P.
"263 WEST 153RD STREET L.P."
Party
Confidence 0.95 out of 1 Conf 0.95
WEST 153rd STREET HOUSING DEVELOPMENT FUND CORPORATION
"WEST 153rd STREET HOUSING DEVELOPMENT FUND CORPORATION"
Party
Confidence 0.95 out of 1 Conf 0.95
NEW YORK CITY HOUSING DEVELOPMENT CORPORATION
"NEW YORK CITY HOUSING DEVELOPMENT CORPORATION"
Program Name
Confidence 0.00 out of 1 Not found
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Unlocated
Regulatory Period
Confidence 0.00 out of 1 Not found
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Unlocated