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Christopher Heights Amendment to Affordable Housing Restrictions 11 15 15a H a s W A ro E c 0 CL A t 0 z V M 0 >s T 4i a R E: Bk: 12123 Pg: 229 AMENDMENT TO AFFORDABLE HOUSING RESTRICTION GRANTOR: Northampton Heights ALF Limited Partnership PROPERTY NAME: Christopher Heights of Northampton PROPERTY ADDRESS: Village Hill Road Northampton, Massachusetts Thi AMENDMENT TO AFFO DABLE HOUSING RESTRICTION (this "Amendment ") made as of the E'` day of , 2015, by and among: NORTHAMPTON HEIGHTS ALF LIMITED PARTNERSHIP, a Massachusetts limited partnership, having an address of 99 Pleasant Street, Marlborough, Massachusetts 01752 (the "Grantor "); HOSPITAL HILL DEVELOPMENT LLC, a Delaware Limited Liability Company, having an address of c/o Massachusetts Development Finance Agency, 99 High Street, 11"' Floor, Boston, MA 02110; (the "Ground Lessor "); THE COMMONWEALTH OF MASSACHUSETTS, acting by and through its Department of Housing and Community Development, having an address at One Beacon Street, Boston, Massachusetts 02108 ( "DHCD "); THE COMMONWEALTH OF MASSACHUSETTS, acting by and through its Department of Housing and Community Development under the Affordable Housing Trust Fund Statute, M.G.L. C. 121D, by the Massachusetts Housing Finance Agency as Administrator, having an address at One Beacon Street, Boston, Massachusetts 02108 ( "AHT" and collectively with DHCD and AHT, the "Grantees "); and THE CITY OF NORTHAMPTON, acting by and through its Mayor, having an address at 210 Main Street, Room 12, Northampton, MA 01060 (the "City'). WHEREAS, the Grantees have each provided financing to the Grantor in connection with the rehabilitation of 83 units of affordable rental housing located at Village Hill Road, Northampton, Massachusetts (the "Project"); and WHEREAS, as a condition of and in consideration for such financing, the Grantor granted to the Grantees a certain Affordable Housing Restriction, dated as of November 19, 2014 and recorded with the Hampshire County Registry of Deeds in Book 11811, Page 1 (the Amendment to Affordable Housing Restriction Northampton Heights ALF Limited Partnership Bk: 12123 Pg: 230 "Restriction "), to which the Ground Lessor assented to join thereto as "Grantor "; WHEREAS, the City has provided additional financing to Grantor in connection with the Project; WHEREAS, the Grantor, Ground Lessor and the Grantees desire to amend the Restriction in order to add the City as a beneficiary and holder thereunder, and make certain other changes related thereto; NOW THEREFORE, for valuable consideration each to the others delivered, the receipt and sufficiency of which hereby are acknowledged, the Grantor and the Grantees hereby agree as follows: 1. In order to add the City as a holder, the Restriction is amended by deleting the paragraph on page 1 immediately preceding the Recitals and substituting the following paragraph In its place: "This Affordable Housing Restriction (this "Restriction ") is granted by the undersigned Grantor, a Massachusetts limited partnership having a mailing address of 99 Pleasant Street, Marlborough, Massachusetts 01752, for the benefit of The Commonwealth of Massachusetts acting by and through the Department of Housing and Community Development having a mailing address of 100 Cambridge Street, Suite 300, Boston, Massachusetts 02114 -2524 ( "DHCD "); The Commonwealth of Massachusetts, acting by and through the Department of Housing and Community Development under the Affordable Housing Trust Fund Statute, M.G.L. c. 121D, by the Massachusetts Housing Finance Agency ( "MHFA "), as Administrator, having an address at One Beacon Street, Boston, Massachusetts 02108 ( "AHT "); and the City of Northampton under the Community Preservation Act M.G.L.c.44B and the Smart Growth Zoning Overlay District M.G.L. c.40R acting by and through its Mayor, having a mailing address of 210 Main Street, Room 12, Northampton, MA 01060 (the "City')." 2. The Restriction is further amended by deleting the portion at the end of Section 19 which states "National Development Corporation" and replacing it with the following: "Director of Planning and Sustainability, Office of Planning and Sustainability, City of Northampton, 210 Main Street, RM 11, Northampton, MA 01060; with a copy to: City Solicitor, City of Northampton, 210 Main Street, Northampton, MA 01060 and NDC Housing and Economic Development Corporation, 708 Third Avenue, Suite 710, New York, New York 10017." 3. The definition of "Holder" set forth in Exhibit D of the Restriction is hereby deleted in its entirety and replaced with the following new definition: " "Holder" shall mean each of DHCD, AHT and the City, or, as applicable, each successor or assign of the foregoing and "Holders" shall mean all of the foregoing parties, collectively." 4. Except as explicitly modified herein, the Restriction remains in full force and effect in accordance with its original terms, which are hereby ratified and confirmed. 5. This Amendment may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. The invalidity of any provision hereof shall not affect the validity of any other provision. 2 Amendment to Affordable Housing Restriction Northampton Heights ALF Limited Partnership Bk: 12123 Pg: 231 6. This Amendment is delivered and made in, and its construction and performance shall be governed by and enforced in accordance with the laws of, The Commonwealth of Massachusetts. [Remainder of page left intentionally blank.] 3 Amendment to Affordable Housing Restriction Northampton Heights ALF Limited Partnership Bk: 12123 Pg: 232 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as a sealed instrument under Massachusetts law, as of the date and year first above written. Executed under seal as of the date set forth above. GRANTOR: NORTHAMPTON HEIGHTS ALiF LIMITED PARTNERSHIP By: VILI..AGE HILL EQUITY LLC, its General Partner By: Name: Waltdf Ohanian Its: Managing Director COMMONWEALTH OF MASSACHUSETTS ef 41 P County, ss. On this <::;V day of 0C -2015, before me, the undersigned notary public, personally appeared Walter Ohanian, the Managing Director of Village Hill Equity LLC, proved to me through satisfactory evidence of identification, which was (a current driver's license) (a current U.S. passport) (my personal knowledge of the identity of the principal), to be the person whose name Is signed on the preceding or attached document, and acknowledged to me that he /she signed it voluntarily, in such capacity, for its stated purpose. Notary Public ����`;��E�;! J�F�!i,, My commission expires_ .T c n11F11��,``� 4 Amendment to Affordable Housing Restriction Northampton Heights ALF Limited Partnership Bk: 12123 Pg: 233 GROUND LESSOR: HOSPITAL HILL DEVELOPMENT LLC By: Massachusetts Development Finance Agency, its Manager By: Cd � '0'� -- Name: Richard Henderson Its: Executive Vice President COMMONWEALTH OF MASSACHUSETTS VVi�UI` Count, ss. On this � day of DO 1�5, before me, the undersigned notary public, personally appeared Richard Henderson, the Executive Vice President of the Massachusetts Development Finance Agency, acting as the Manager of Hospital Hill Development LLC, proved to me through satisfactory evidence of identification, which was li r.ans (my personal knowledge of the identity of the principal), to be the person whose name is signed on the preceding or attached document, and acknowledged to me that he/Ad3e signed It voluntarily, in such capacity, for its stated purpose. LEIGH A. NATOLh Not o --'Notary Public COiNMONWFJVLTH OF �SJ4OM µY Com�nislion Evkes My o ssion �1SI3k�si. 2021 5 Amendment to Affordable Housing Restriction Northampton Heights ALF Limited Partnership Bk: 12123 Pg: 234 DHCD and AHT: THE COMMONWEALTH OF MASSACHUSETTS, ACTING BY AND THROUGH THE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT UNDER THE AFFORDABLE HOUSING TRUST FUND STATUTE, M.G.L. C.121D, BY THE MASSACHUSETTS HOUSING FINANCE AGENCY, AS ADMINISTRATOR f By. Name: Ka n Kelleher Title: General Counsel COMMONWEALTH OF MASSACHUSETTS U * (L County, ss. On this _j!f day of C0 , 2015, before me, the undersigned notary public, personally appeared Karen Kelleher, the General Counsel of The Commonwealth of Massachusetts, acting by and through the Department of Housing and Community Development under the Affordable Housing Trust Fund Statute, M.G.L. c.121D, by the Massachusetts Housing Finance Agency, as administrator, proved to me through vidence of identification, which was (a current driver's license) (a current U.S. passport)gmy personal knowledge of the identity of the principal), to be the person whose name is signed on the preceding or attached document, and acknowledged to me that he /she signed it voluntarily, in such capacity, for its stated purpose. Notary Public V KIMBERLY LEONE %, WNotary Public lWyr w of Massachusetts Comm41, Expires July 10, 2020 5 Amendment to Affordable Housing Restriction Northampton Heights ALF Limited Partnership Bk: 12123 Pg: 235 THE CITY: THE CITY OF NORTHAMPTON, ACTING BY AND THROUGH ITS MAYOR By: Name: Dav' ewicz Title: Mayor This Restriction has been accepted pursuant to that certain City Council Order approved on August 13, 2015 and attached hereto as Exhibit A. COMMONWEALTH OF MASSACHUSETTS 114,0he,rA •'C County, ss. O «h r� On this - day of 2015, before me, the undersigned notary public, personally appeared David Narkewicz, the Mayor of the City of Northampton, proved to me through satisfactory evidence of identification, which was ) (a ) (my personal knowledge of the identity of the principal), to be the person whose name is signed on the preceding or attached document, and acknowledged to me that he /she signed it voluntarily, in such capacity, for its stated purpose. Notary Public WAYNE M. FEIDEN NOTARY PUBLIC Commonwezlth ut Massachusetts WN My COmmfgldn �gairrs i0 /14/20y6 7 Amendment to Affordable Housing Restriction Northampton Heights ALF Limited Partnership Bk: 12123 Pg: 236 Exhibit A City Council Order Amendment to Affordable Housing Restriction Northampton Heights ALF Limited Partnership T Bk: 12123 Pg: 237 City of Northampton MASSACHUSETTS In City Council _iuCy 9, 2014 Upon the recommendation of the Office of Planning and Sustainability ordered, that WHEREAS, Both the Sustainable Northampton Comprehensive Plan and the Northampton Sousing Needs Assessment and Strategic Housing Plan recommend the creation of more affordable housing to meet a mix of community needs; WHEREAS, On November 7, 2013 and June S, 2014 City Council approved funding for the Grantham Group's Christopher Heights Assisted Living Residences at Village Hill, with over half the units being dedicated as affordable units, subject to the recording of an affordable housing restriction pursuant to the Community Preservation Act (MGL Chapter 44B); WHEREAS, On October 11, 2012 the Planning Board issued plan approval to the Grantham Group for the Christopher Heights Assisted Living Residence at Village Hill, subject to the recording of an affordable housing restriction pursuant to Northam[ptoia's zoning and the Smart Growth Zoning Overlay District Act (MGL Chapter 40R); WHEREAS, The Office of Planning and Sustainability is charged with coordinating these approvals and coordinate the affordability restriction; NOW, THEREFORE BE TT ORDERED, The City, acting through its Mayor, is authorized to accept said affordable housing restrictions. in oty Coundl,July 9, 2035 passed Fjrq eadin& on §al[ Can V qj.> Yes, 0 No 1 Absent {Councilor LaBarge) Clerk of Council In Qty Council, August 13, 2015 Pasco d Second d ng, or i Can Vote es, 0 No, l Absent (Councilor Murphy) Attest Clerk of Count Approved. David J. Narkewia, Mayor Rules suspended, passed two readings and enrolled I hereby certify that the above Order passed the Northampton City Council on August 33, 2615 David J. Naric�M,ayo�r arw an August 19,f5 Qerk of Counal ATTEST: HATSrIl'SIi�'"rcU �`F f f ��%�i , ,REGISTER RMUO