Affordable Home Ownership definition

Affordable Home Ownership means low cost home ownership on Shared Ownership Lease terms; Affordable Home Ownership Dwelling means an AHP Dwelling to be disposed of on Affordable Home Ownership terms; Affordable Homes Programme 2015-18 (or AHP 2015/18) means the programme described in the publication entitled "Affordable Homes Programme 2015-18 Prospectus" issued by the Agency in January 2014 (as the same may be amended or updated from time to time);
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Affordable Home Ownership means low cost home ownership on Shared Ownership Lease terms or on Equity Loan Terms; Affordable Home Ownership Dwelling means a Flexible Dwelling to be disposed of on Affordable Home Ownership terms;
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Affordable Home Ownership means low cost home ownership on Shared Ownership Lease terms or on Older People's Shared Ownership Lease terms; Affordable Home Ownership Dwelling means a CSSH Dwelling to be disposed of on Affordable Home Ownership terms;
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Examples of Affordable Home Ownership in a sentence

  • As with all other Affordable Home Ownership products applicants need to be able to sustain the cost of home ownership.

  • Rent), Affordable Home Ownership (AHO), including Shared Ownership and Rent to Buy, or Open Market (Market).

  • The majority of delivery through the AHP 2011-15 and other associated programmes will be made available as Affordable Rent with some Affordable Home Ownership and, in some limited circumstances, Social Rent.

  • It is unlikely that providers would be considered high value dealers when undertaking Affordable Home Ownership activity, but they must ensure that they satisfy any requirements of the above regulations.

  • Applicants in receipt of benefits such as Housing Benefit are not precluded from applying for Affordable Home Ownership products, subject to affordability and sustainability assessments.

  • The 40% would need to consist of 10% of total number of units as Affordable/Social Rented and 30% of the total number of units as Affordable Home Ownership Products of which 20% of the total number of Affordable Home Ownership Product units shall be shared ownership.

  • The Corporation, a subsidiary of the New York State Housing Finance Agency, was created to operate the Affordable Home Ownership Development Program (Private Housing Finance Law, ' 1110 et seq., hereinafter the "Act").

  • In addition to the above applicants should complete an Application for Affordable Home Ownership, forms can be obtained from the Housing Strategy Unit.

  • The Program Manager, Housing Services, consulted with Habitat for Humanity Canada–Chatham- Kent on their planned builds for April 2019 to March 2022 and expected requests for Affordable Home Ownership funding and was advised to expect another request in 2021.

  • A copy of the partial release will be attached hereto and made a part hereof.


More Definitions of Affordable Home Ownership

Affordable Home Ownership means Affordable Housing provided by way of an Affordable Home Purchase Arrangement where the amount paid by the Eligible Purchaser is affordable for that household, generally considered to be no more than 30% of gross household income spent on mortgage costs.
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Related to Affordable Home Ownership

  • Affordable housing means, unless the context clearly

  • 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 percent of area median income, as median income was 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.

  • 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 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.

  • Family means (a) an individual, (b) such individual’s spouse, (c) any other natural person who is related to such individual or such individual’s spouse within the second degree of kinship and (d) any other natural person who has been adopted by such individual.

  • Affordable Care Act means the Patient Protection and Affordable Care Act of 2010.

  • Medical home means a team approach to providing health care that originates in a primary care setting; fosters a partnership among the patient, the personal provider, and other health care professionals, and where appropriate, the patient’s family; utilizes the partnership to access and integrate all medical and nonmedical health-related services across all elements of the health care system and the patient’s community as needed by the patient and the patient’s family to achieve maximum health potential; maintains a centralized, comprehensive record of all health-related services to promote continuity of care; and has all of the characteristics specified in section 135.158.