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Initial occupancy date

Defined in 1 dictionary — U.S. Code

United States Code

12 U.S.C. § 1747L — in this section (3 versions over time)

"Initial occupancy date" shall mean the last day of the calendar month in which 90 per centum in number of the dwellings in the project on the physical completion date shall have been occupied, but shall in no event be later than the last day of the sixth calendar month next following the physical completion date.