Affordable Housing Parcel definition

Affordable Housing Parcel mean the parcel identified as “Parcel 3” on Exhibit A-2.
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Affordable Housing Parcel is defined in Recital D.
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Affordable Housing Parcel means any of them;
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Examples of Affordable Housing Parcel in a sentence

  • Subject to any such consent, nothing in this Section 5 shall limit the requirements of the Affordable Housing Program that a Declaration of Restrictions for For-Rent Affordable Housing Units be recorded against each For- Rent Affordable Residential Unit, that each For-Sale Affordable Residential Unit be sold to qualified members of the public using an Affordable Housing Parcel Deed, together with a Declaration of Restrictions for For-Sale Affordable Residential Unit and Option to Purchase Agreement.

  • With respect to Parcel 3 (the Affordable Housing Parcel), City Council shall have duly approved the disposition and conveyance of the parcel pursuant to the requirements of the Vancouver Municipal Code (“City Code”), which approval the Parties are working to obtain on or before the date set forth in the Schedule of Performance.

  • Developer shall notify City of any proposed Transfer of the Affordable Housing Parcel and the rights and obligations under this Agreement with respect thereto to any entity other than an Eden Housing entity at least sixty (60) days prior to completing any such Transfer.

  • The terms of the Financial Assistance shall be described in a loan or grant agreement (“Financial Assistance Agreement”) to be executed by the City and the Affordable Housing Developer in a form mutually acceptable to City and Affordable Housing Developer, which Financial Assistance Agreement will be effective concurrent with the transfer of the Affordable Housing Parcel to the Affordable Housing Developer.

  • Promptly upon determining that a violation of this Agreement has occurred, City shall give written notice of such violation to the holders of record of any mortgages or deeds of trust encumbering the Affordable Housing Project or the Affordable Housing Parcel.


More Definitions of Affordable Housing Parcel

Affordable Housing Parcel is defined in Section 6.4A(1). “Affordable Housing Plan” is defined in Section 6.4. “Affordable Housing Project” is defined in Recital E. “AFR Rate” is defined in Section 6.2B.
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Affordable Housing Parcel to the Affordable Housing Developer (as defined in Section 6.4A(5)), in accordance with this Section 6.4, for development of the Affordable Housing Project, as permitted by Municipal Code Section 18.155.080(c); and (b) payment of Affordable Housing Fees to the extent the credits resulting from dedication of the Affordable Housing Parcel as set forth in Section 5.4D above, are less than the Affordable Housing Fees owed for the for- sale units actually constructed as part of the Project, calculated as follows:
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Affordable Housing Parcel is defined in Recital B. “Affordable Housing Project” is defined in Recital B. “Affordable Rent” means a monthly rent that does not exceed:
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Affordable Housing Parcel is defined in Section 2.3.1.
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Affordable Housing Parcel means the parcel so identified on the Site Map on which the Affordable Housing Developer shall construct the Affordable Housing Component.
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Affordable Housing Parcel means a parcel of County-owned Real Estate that has been deemed to be appropriate for use as Affordable Housing, as determined by Housing Program staff, and is designated as either a Pending Affordable Housing Parcel or a Certified Affordable Housing Parcel.
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Affordable Housing Parcel means a parcel designated by Landowner and approved by the City as a site for development of an Affordable Housing Project, meeting the standards for Developable Affordable Parcels.
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