Affordability average definition

Affordability average means the average percentage of median income at which restricted units in an affordable housing development are affordable to low- and moderate-income households.
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Affordability average means the average percentage of median income at which restricted units in an
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Affordability average means the average percentage of median income at which restricted units in an affordable housing development are affordable to low- and moderate-income households per N.J.A.C. 5:80-26.3.
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Examples of Affordability average in a sentence

  • Affordability average and bedroom distribution (N.J.A.C. 5:80-26.3).

  • Affordability average and bedroom distribution ( N.J.A.C. 5:80-26.3).

  • Affordability average and bedroom distribution (N.J.A.C. 5:80-26.3).B.

  • Affordability average and bedroom distribution (N.J.A.C. 5:80- 26.3).

  • Affordable units shall be provided in accordance with N.J.A.C. 5:80-26.3 Affordability average; bedroom distribution.

  • Changes in the procedures have been frequent, often resulting in some differences in outcome, but the essence of the system has remained the same.

  • Affordability average and bedroom distribution (N.J.A.C. 5:80-14.3).

  • Affordable units shall be provided in accordance with N.J.S.A. 5:80-26.3 Affordability average; bedroom distribution.

  • Affordability average and bedr oom distribution (N.J.A.C. 5:80-26.3).

  • Resolution authorizing the Chief Diversity Officer/Civil Rights Commission Executive Director to attend the Institute for Diversity Certification in Fort Myers, Florida from April 24-28, 2018 for an estimated total amount of $6,300.


More Definitions of Affordability average

Affordability average means the average percentage of median income at which new restricted units in an affordable housing development are affordable to very low-, low- and moderate-income households. “Affordable” means, a sales price or rent level that is within the means of a low- or moderate-income household as defined within N.J.A.C. 5:93-7.4, and, in the case of an ownership unit, that the sales price for the unit conforms to the standards set forth in N.J.A.C. 5:80-26.6, as may be amended and supplemented, and, in the case of a rental unit, that the rent for the unit conforms to the standards set forth in N.J.A.C. 5:80-26.12, as may be amended and supplemented.
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Affordability average means an average of the percentage of median income at which restricted units in an affordable development are affordable to low- and moderate-income households. For example, if the rents for the five restricted rental units in an affordable housing development were affordable at 46, 48, 50, 52 and 54 percent of median income, respectively, the average affordability for the those units would be 50 percent of median income.
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Affordability average means the average percentage of median income at which new restricted units in an affordable housing
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Affordability average means the average percentage of median income at which new restricted
Sample 1Sample 2
Affordability average means an average of the percentage of median income, by household size for an applicable county, at which price-restricted units in a development are affordable to low and moderate income households, calculated in accordance with the rules and regulations of the agency.
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Affordability average means the average percentage of median income at which restricted units
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Related to Affordability average

  • Affordability means a housing unit that satisfies at least one of the following criteria:

  • Affordability Period means the period during which the average rent in a Project is required to be maintained at an affordable level, as determined in accordance with the Program Guidelines or as otherwise established by the County;

  • Average Daily Availability means, as of any date of determination, the average daily Availability for the immediately preceding Fiscal Quarter.

  • Insurance Affordability Program means a program that is one of the following:

  • Weighted Average means a ratio of the weight of the investment by the financial market participant in an investee company in relation to the enterprise value of the investee company;

  • Service Availability The total number of minutes in a calendar quarter that the Tyler Software is capable of receiving, processing, and responding to requests, excluding maintenance windows, Client Error Incidents and Force Majeure.

  • Weighted Average Spread means, with respect to Floating Rate Obligations (in each case excluding Defaulted Loans), as of any date, the number obtained by:

  • Average means the arithmetic mean.

  • Retail margin means an amount, reflecting differences in

  • Network Availability means the capability of the equipment to resume functions after a remotely initiated trigger has been detected by a network port;

  • Diversity Score means, as of any day, a single number that indicates collateral concentration in terms of both issuer and industry concentration, calculated as set forth in Schedule 7 hereto, as such Diversity Scores shall be updated at the option of the Administrative Agent in its sole discretion if Xxxxx’x publishes revised criteria.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Weighted Average Life Test means a test that is satisfied at any such time if the Weighted Average Life as calculated on the date of determination is less than or equal to 5.5 years.