Affordable by definition

Affordable by means housing available at a sales price or rent which a certain size household can afford to pay for housing, as established by the Housing Authority.
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Related to Affordable by

  • Affordable housing means, unless the context clearly

  • Affordable Unit means a housing unit proposed or created pursuant to the Act and approved for crediting by the Court and/or funded through an affordable housing trust fund.

  • 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.

  • Affordable development means a housing development all or a portion of which consists of restricted units.

  • Affordable housing program(s) means any mechanism in a municipal Fair Share Plan prepared or implemented to address a municipality’s fair share obligation.