Affordable Housing Units definition

Affordable Housing Units. – means the Affordable Housing to be provided as part of the development in accordance with the application and/or any subsequent reserved matters approval.

Affordable Housing Units means the Owner’s affordable housing commitments contained in the XXXX.

Affordable Housing Units as used in Schedule P shall mean and include “Inclusionary Housing Units.”

Examples of Affordable Housing Units in a sentence

• When this calculation results in a fraction, the number of Affordable Housing Units shall be rounded up to the next whole number (unit) if the fraction of the whole number is at least 0.50.

• When the requirement for Affordable Housing Units results in a fraction of a unit, the applicant shall have the choice to round up to the next whole number or convert the fraction of a unit to a cash payment to the Salem Affordable Housing Trust Fund.

• The bedroom mix in the Affordable Housing Units shall be proportionate to the bedroom mix of the market-rate units.

• All Affordable Housing Units must be dispersed evenly throughout the development.

• Residents of Affordable Housing Units shall have similar access to all building and site common areas and amenities as residents of market-rate units, including but not limited to outdoor spaces, amenity spaces, storage, parking, bicycle parking facilities, and resident services.

More Definitions of Affordable Housing Units

Affordable Housing Units means those Dwellings permitted as part of the Development which are to be provided as Affordable Housing to Qualifying Persons in accordance with paragraphs 1 and 2 of Part I of Schedule Two and shown marked [ ] on the attached plan;

Affordable Housing Units means 20 single-family dwellings, each constructed on a Strata Lot, in respect of which the tenure, rental, and occupancy are restricted in accordance with sections 3 through 7 of this Agreement;

Affordable Housing Units means a minimum of 25% of the Housing Units to be constructed on the Affordable Housing Land as Affordable Housing which shall be more particularly detailed in the Approved Affordable Housing Plan (and if this does not result in a whole number then the number shall be rounded up)

Affordable Housing Units means, generally, those Housing Units which shall be bound by the Affordable Housing Restrictions. Specifically, the Affordable Housing Units shall consist of any Housing Unit for which an Initial Sale:

Affordable Housing Units means [x] of Affordable Housing provided within the Development of which [ ] shall be Social Rented Units and [ ] shall be Intermediate Units

Affordable Housing Units means the [specify number] units [(specify size tenure and type of units)] together with the associated car parking

Affordable Housing Units means permanent housing that is affordable to low-and moderate-income households, such that the new housing achieves income averaging at or below fifty percent of the area median income, with residents’ eligibility capped at a maximum of eighty percent of the area median income at the start of their lease.