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A land use restrictive agreement (lura) is an agreement between an owner/developer and a government entity that documents the restrictions placed upon a property in order to receive tax credits in the future. In this agreement, the investor or owner of the project agrees to give up some of their rights. With a land use restrictive agreement (lura) the owner gives up some of their rights of the land use in exchange for the promise of future.
Learn about land use restriction agreements (lura) and their role in affordable housing The land use restriction agreement is a contract that requires any real estate that is a multifamily property using lihtcs to land use restrictions Discover what lura means in real estate
Learn about this crucial legal agreement that ensures affordable housing properties maintain their purpose
What is a land use restriction agreement A land use restrictive agreement (lura) is a legal document in which the property owner gives up some of their rights of the land use in exchange for the promise of future tax credits, tenant income restrictions, unit set asides to be rented to lower income tenants and other affordability restrictions. Lura hubbs was born on 05/19/1976 and is 49 years old Lura's current home is located at brookland, ar
Lura also answers to lura a smith, lura antoinette hubbs, toni a hobbs, toni antoinette hubbs and toni a hubbs, and perhaps a couple of other names As of this date, lura is married. What is a land use restriction agreement (lura)
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