Page 4506 - Week 12 - Thursday, 24 October 2019
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• price thresholds at which the affordable housing dwellings must be sold;
• requirements and processes for selling the affordable housing dwellings to eligible buyers; and
• processes that the developer must follow if they are not able to sell the affordable housing dwellings to eligible buyers.
If the developer does not comply with these requirements, their ability to participate in future offerings of land may be restricted. Any bond or similar payment may be reduced or withheld if the requirements of the sale are not complied with.
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