Affordable Housing Unit definition
Affordable Housing Unit means any residential building or dwelling unit that has received federal, state,
Affordable Housing Unit means a unit of housing that is affordable to individuals and families with annual incomes of one hundred percent (100%) or less of Area Median Income within Grand County as calculated by HUD.
Affordable Housing Unit means any residential dwelling unit for which the purchase price is at least 25% less than the average purchase price for the same type of residential dwelling unit in the County of Peterborough and any residential dwelling unit where the monthly rent is at or below the maximum affordable monthly rent amount established by the Residential Rental Standards Board for the Province of Ontario;
Examples of Affordable Housing Unit in a sentence
A prospective tenant who is not income eligible at the time of application shall be denied and will not be allowed to revise their work status or Annual Household income in order to qualify for an Affordable Housing Unit, or to reapply for an Affordable Housing Unit for a period of six months, with the exception that an involuntary change in income shall not disqualify the prospective tenant from becoming income eligible.
More Definitions of Affordable Housing Unit
Affordable Housing Unit means in respect of the units in the Project,
Affordable Housing Unit means a studio, 1 bedroom, 2 bedroom or 3 bedroom Dwelling Unit on the Lands in respect of which the construction, tenure, rental and occupancy are restricted in accordance with sections b through e of this Agreement;
Affordable Housing Unit means a residential dwelling unit, offered for sale or rent, as applicable, which is Affordable to those in the AMI ranges specified in the Affordable Housing Table.
Affordable Housing Unit means a unit of Affordable Housing constructed or to be constructed by the Developer on the Site and Affordable Housing Units shall be construed accordingly.
Affordable Housing Unit means each unit of Affordable Housing to be constructed on the property pursuant to the Planning Permission and which in total will comprise 4 (Four) Affordable Rented Housing.
Affordable Housing Unit means a Housing unit in which Affordable Rent is charged;
Affordable Housing Unit means any single detached dwelling with more than two bedrooms for which the purchase price is at least 25% less than the average purchase price for a single detached dwelling in the Municipality of South Huron;