Nature of Contract
Citibank, N.A. is the Funding Lender in connection with the conduit financing for the Hunters View Phase 1 project. The Funding Lender (i) will advance funds (the "Funding Loan") to or for the account of the Governmental Lender, and (ii) apply the proceeds of the Funding Loan to make a loan (the "Borrower Loan") to the Borrower to finance the acquisition, contruction and development of a multifamily rental housing development located in the City known as Hunters View Phase 1 ( the "Project").
Date Contract Approved