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Agmt15 Habitat for Humannity Greater San Francisco
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Agmt15 Habitat for Humannity Greater San Francisco
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Last modified
1/4/2023 4:35:56 PM
Creation date
2/24/2015 4:28:58 PM
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Template:
Agreement
Contractor Name
Habitat for Humannity Greater San Francisco
PROJECT NAME
Funds to acquire 612 Jefferson Ave.
RMP File Number
304
Date
2/24/2015
Reso Ref
15337
MO Ref
14-069, 16-123
Amendment
Yes
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and 80 percent of AMI for San Mateo County, as calculated pursuant to <br /> Califomia Health and Safety Code Section 50052.5, adjusted for household size, <br /> depending on the number of bedrooms (the "Affordable Sales Price"). Mortgage <br /> terms to Purchaser shall provide a monthly payment not to exceed 30% of <br /> adjusted gross household income. <br /> Resale Restriction Agreement. Upon sale of the affordable Units to an Eligible <br /> Household, each Eligible Household shall enter into a Resale Restriction <br /> Agreement and Option to Purchase with the Contractor in substantially the same <br /> form as Exhibit C, attached hereto and incorporated herein by this reference (the <br /> "Resale Restriction AgreemenY'). <br /> IN WITNESS WHEREOF, Declarant has executed this Declaration on the <br /> date first written above. <br /> "DECLARANT° <br /> HABITAT FOR HUMANITY GREATER SAN <br /> FRANCISCO <br /> By: <br /> REV:02-05-15 VR <br /> Page 17 of 33 <br /> ATfYJAGR.2015.025/Habitat for Humanity GSF Jefferson Site Acquisition <br />
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