Affordable Housing Trust Fund definition

Affordable Housing Trust Fund means the affordable housing fund for the County established pursuant to Section 18.107.020 of the Napa County Code. Monies from the Affordable Housing Trust Fund may be used to provide Proximity Housing Assistance only for borrowers that meet the affordability and occupancy requirements set forth in the Affordable Housing Ordinance.

Affordable Housing Trust Fund or "AHTF" means the

Affordable Housing Trust Fund means the fund created by the [name of local government] pursuant to Section 109 of this ordinance.

Examples of Affordable Housing Trust Fund in a sentence

• There is established in the Department of Community Affairs12 a separate trust fund, to be used for the exclusive purposes as provided13 in this section, and which shall be known as the "New Jersey14 Affordable Housing Trust Fund." The fund shall be a non-lapsing,15 revolving trust fund, and all monies deposited or received for purposes16 of the fund shall be accounted for separately, by source and amount,17 and remain in the fund until appropriated for such purposes.

• Requesting approval of an Affordable Housing Trust Fund Program Disbursement in the amount of $3,000.00, for the purchase of property located at 423 Crawford Avenue, Altoona, PA by Geoffrey Sipe.

• The per unit in-lieu payment option shall be the Broward County FHFC average of the “garden ESS,” “mid-rise ESS” and “high rise” total development cost divided by 7.Fifty percent (50%) of in-lieu fees may be paid into the City’ of Fort Lauderdale Affordable Housing Trust Fund, provided the City requires said monies to be used for the construction of new affordable units or home repair.

• Additionally, the Plan accounts for the County’s Affordable Housing Trust Fund (AHTF), administered by the Office of Housing and Community Development to advance goals consistent with those of the federal entitlement grant programs.

• This will also establish a spending plan for the Affordable Housing Trust Fund.

More Definitions of Affordable Housing Trust Fund

Affordable Housing Trust Fund means a trust fund established and maintained by the county for the purpose of preserving existing and promoting creation of new affordable and employee housing. Funds collected for and deposited in the trust fund shall be used exclusively for purposes of creating, preserving or maintaining affordable and employee housing in the Florida Keys.

Affordable Housing Trust Fund means a special fund within the Treasury of the City of Los Angeles for the purposes of receiving and disbursing monies to address the affordable housing needs of the City of Los Angeles.

Affordable Housing Trust Fund means a trust fund established and maintained by the

Affordable Housing Trust Fund means the affordable housing fund for the County established pursuant to Section 18.107.020 of the Napa County Code. Monies from the Affordable Housing Trust Fund may be used to provide Proximity Housing Loans only for projects that meet the affordability and occupancy requirements set forth in Chapter 18.107 (Affordable Housing and Incentives) of the Napa County Code.

Affordable Housing Trust Fund means a housing trust fund established by the City Council of the City of Cudahy to provide financial assistance for the development, acquisition and rehabilitation of housing affordable to extremely low, very low, low, and moderate income households that live or work in the City.

Affordable Housing Trust Fund means the municipal housing trust fund account established by the City of Lynn and stewarded by the Affordable Housing Trust Fund Board of Trustees.

Affordable Housing Trust Fund means a community revitalization fund created by section 58-101 of this Code pursuant to authority granted by Code of Virginia, § 15.2-958.5.