Affordable development definition

Affordable development means a housing development all or a portion of which consists of restricted units.
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Affordable development means a housing development, all or a portion of, which consists of restricted units.
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Affordable development means a housing development of which all or a portion consists of housing affordable to low- and moderate-income households.
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Examples of Affordable development in a sentence

  • Affordable development funded by State and Federal resources do not traditionally fund housing for households at or above 80% AMI.

  • Affordable development should prioritize permanently affordable housing models that protect renters and build collective ownership: community land trusts, limited equityco-ops, and social housing.

  • The Affordable development would be exempt from the Township’s Development Charges.Applicants are encouraged to consider applying online to the CMHC National Housing Co-Investment Fund (https://www.cmhc-schl.gc.ca/en/nhs/co-investment- fund---new-construction-stream) as possible sources of funding to improve the affordability and viability of potential projects.


More Definitions of Affordable development

Affordable development means a housing development all or a portion of which consists of restricted units. “Affordable housing development” means a development included in the Housing Element and Fair Share Plan, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100% affordable development.
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Affordable development means a housing development all or a portion
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Affordable development means a housing development all or a portion of which
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Affordable development means a redevelopment project with restricted units.
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Affordable development means the Affordable Development Parcel and the Affordable Development Improvements.
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Related to Affordable development

  • Affordable housing development means a development included in the Housing Element and Fair Share Plan, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100 percent affordable development.

  • sustainable development means development which meets the needs of the present without compromising the ability of future generations to meet their own needs.

  • Mixed use development means a building, combination of buildings, or building complex, designed to functionally and physically integrate non-residential uses such as retail, commercial, institutional, recreational, or community uses with residential uses, in a complementary manner.

  • Research and development means (1) theoretical analysis, exploration, or experimentation; or (2) the extension of investigative findings and theories of a scientific or technical nature into practical application for experimental and demonstration purposes, including the experimental production and testing of models, devices, equipment, materials, and processes. Research and development does not include the internal or external administration of radiation or radioactive material to human beings.

  • Affordable housing means either of the following:

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

  • Affordable Housing Unit means a rental unit in an affordable housing building that rents for an amount that is affordable to households at or below 60% of area medianincome, as most recently determined by the United States Department of Housing and Urban Development for the Minneapolis-St. Paul-Bloomington, Minnesota-Wisconsin Metropolitan Statistical Area, as adjusted for household size and number of bedrooms.

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • continuing professional development means the continuing professional development contemplated in section 32;

  • Development means the division of a parcel of land into two or more parcels, the construction, reconstruction, conversion, structural alteration, relocation or enlarge- enlargement of any building or structure, any mining excavation or landfill, and any use or change in the use of any building or other structure, or land or extension of use of land, for which permission is required under the Municipal Land Use Law, N.J.S.A. 40:55D-1 et seq.