Affordable Housing Monetary Contribution definition
Examples of Affordable Housing Monetary Contribution in a sentence
Monetary Contribution – Affordable Housing Monetary Contribution rate per square metre of Total floor area (as indexed in accordance with Annexure A) On or before the issuing of the first Construction Certificate for the Development see clause 2, Annexure A.
The City will use the Affordable Housing Monetary Contribution to achieve the public benefit of increasing the amount of affordable housing in the City of Sydney local government area to achieve the City’s affordable housing targets in Sustainable Sydney 2030.
Where a future Development Consent for the Development requires an affordable housing monetary contribution under the Sydney LEP (Future Affordable Housing Contribution), payment of the Affordable Housing Monetary Contribution calculated under Annexure B will be considered by the City to be satisfaction in full of that Future Affordable Housing Contribution even if the monetary contribution required under the Sydney LEP is less than the amount calculated in accordance with Annexure B.
The City will use the Affordable Housing Monetary Contribution to achieve the public benefit of increasing the amount of affordable housing in the City of Sydney local government area to achieve the City’s affordable housing targets in Sustainable ▇▇▇▇▇▇ ▇▇▇▇.
Affordable Housing Monetary Contribution rate per square metre of Total floor area (as indexed in accordance with Annexure A) On or before the issuing of the first Construction Certificate for the Development see clause 2, Annexure A.