Unit Mix Sample Clauses

Unit Mix. The Consolidated Building will adhere to one of the following options for unit mix:

Unit Mix. The distribution of Affordable Units shall be proportional to that of the Market-Rate Units (e.g., if the Market-Rate Units have a mix of 30% studios, 40% one- bedrooms, and 30% two-bedrooms, the Affordable Units shall have a similar mix).

Unit Mix. The unit mix of the Affordable Units in each building shall be similar to the overall unit mix of the building within 30% of the unit mix percentage for each unit type. The table below provides two examples of permissible unit quantities in a 300-unit building which provides 6% Affordable Units (3% Middle Income and 3% Very Low Income Units): Total Building Scenario One Scenario Two Unit Type Total Quantity Unit Mix Quantity AUs %(max) Relative Ratio Quantity AUs % (min) Relative Ratio Studio 45 15% 3 16.7% +11% 2 11.1% (-26%) 1bd 135 45% 9 50% +11% 7 38.9% (-14%) 2bd 90 30% 4 22.2% (-26%) 7 38.9% +30% 3bd 30 10% 2 11.1% +11% 2 11.1% +11% Total 300 100% 18 100% 18 100%

Unit Mix. A minimum of 44% of the residential units shall consist of 2 or more bedrooms; and

Unit Mix. A minimum of 50% of the residential units shall consist of 2 or more bedrooms. This mix may be increased up to 5% provided the maximum residential density does not exceed 140 persons.

Unit Mix. (i) duplexes or semi-detached dwellings shall contain at least one unit of a minimum of 800 sq.ft.; (ii) 3 or 4 unit apartment buildings shall contain at least two units of a minimum of 800 sq.ft.

Unit Mix. Subject to subsections (a) and (b) of this Section 6.1 of the Contract, during the Contract Period or the Affordability Period, whichever period is longer, Development Owner will make all Qualifying Units available for occupancy with the following mix of Unit Types as defined in 10 TAC §10.3(a)(137)Unit mix: ■ [floating][fixed]Units of the Qualifying Units with SRO Unit including 1 bath and Net Rentable Area (NRA) of sq ft plus or minus (+/-) 10 sq ft, OR ■ [floating][fixed]Units of the Qualifying Units with Efficiency Unit including 1 bath and Net Rentable Area (NRA) of sq ft plus or minus (+/-) 10 sq ft, ■ [floating][fixed] Units of the Qualifying Units with 1 bedroom, 1 bath and Net Rentable Area (NRA) of sq ft plus or minus (+/-) 10 sq ft, ■ [floating][fixed]Units of the Qualifying Units with 2 bedrooms, bath(s) and Net Rentable Area (NRA) of sq ft plus or minus (+/-) 10 sq ft, ■ [floating][fixed]Units of the Qualifying Units with 3 bedrooms, bath(s) and Net Rentable Area (NRA) of sq ft plus or minus (+/-) 10 sq ft, ■ [floating][fixed]Units of the Qualifying Units with 4 bedrooms, bath(s) and Net Rentable Area (NRA) of sq ft plus or minus (+/-) 10 sq ft, and At least five percent (5%) of the Qualifying Units will be designed and built to be accessible to persons with mobility impairments, meeting the accessibility requirements of construction requirements of 2010 ADA standards with the exceptions listed in "Nondiscrimination on the Basis of Disability in Federally Assisted Programs and Activities" Federal Register 79 FR 29671 and at least two percent (2%) of the Qualifying Units will be designed and built to be accessible to persons with vision and hearing impairments.

Unit Mix. The Units shall be rented to Qualified Tenants in accordance with the following income and Unit mix; provided, however, that (a) the below income limits shall be deemed a “ceiling” and (b) there shall be no “floor” for such income limits. Developer shall rent 100% of the Units in the Project to Qualified Tenants with household incomes that do not exceed 80% of the area median income for the City and County of Honolulu, adjusted for family size (“AMI”), as determined by the United States Department of Housing and Urban Development (“HUD”) and published by the Hawaii Housing Finance and Development Corporation (“HHFDC”). Annual income shall be determined based on rules for low-income housing tax credit projects under 24 Code of Federal Regulations (“CFR”) Part 5, Subpart F, entitled "Section 8 and Public Housing, and Other HUD Assisted Housing Serving Persons with Disabilities: Family Income and Family Payment; Occupancy Requirements for Section 8 Project- Based Assistance". No fewer than 89% of the total number of Units shall be rented to Qualified Tenants with incomes at or below 60% AMI, and no fewer than 5% of the total number of Units shall be rented to Qualified Tenants with incomes at or below 30% AMI. Accordingly, the Units shall be used for an eligible CDBG-assisted activity and meet the CDBG national objective described in 24 CFR §570.208(a)(3), a housing activity carried out for the purpose of providing or improving permanent residential structures which, upon completion, will be occupied by low- and moderate-income households.

Unit Mix. In accordance with the Master Plan, the Vertical Development must include certain Affordable Units, which Affordable Units must in the aggregate consist of at least 20% of the Housing Units developed on the Property subject to the following affordability requirements: (i) 5% of the aggregate Housing Units to be affordable to households earning 60% or less of AMI; (ii) 5% of the aggregate Housing Units to be affordable to households earning 50% or less of AMI; and (iii) 10% of the aggregate Housing Units to be affordable to households earning 30% or less of AMI (collectively, the “Affordable Housing Requirements”). The number of Affordable Units to be developed on the Property to fulfill the Affordable Housing Requirements is currently anticipated to be 763. Based on the anticipated 763 Affordable Units, the mix of Affordable Units under the Affordable Housing Requirements is anticipated to include the following:‌ (i) Approximately 31 Affordable Units located within Market Rate Rental Elements leased at rates which are considered affordable, in accordance with standards established by HUD, to households earning 60% AMI or less. (ii) Approximately 380 Affordable Units located within Affordable Rental Elements leased at rates which are considered affordable, in accordance with standards established by HUD, to households earning 30% AMI or less. (iii) Approximately 156 Affordable Units located within Affordable Rental Elements leased at rates which are considered affordable, in accordance with standards established by HUD, to households earning 60% AMI or less. (iv) Approximately 190 Affordable Units located within Affordable Rental Elements leased at rates which are considered affordable, in accordance with standards established by HUD, to households earning 50% AMI or less. (v) No less than six For-Sale Housing Units to be occupied by and sold at prices which are considered affordable (in accordance with standards established by HUD) to individuals or households earning 60% AMI or less (the “Owner-Occupied Affordable Units”).‌