Affordable Housing Units definition
Examples of Affordable Housing Units in a sentence
Each Phase of the Project shall have no few than the number of Affordable Housing Units allocated to it in in the table below.
During the Affordability Period, Owner shall maintain the Project and the improvements thereon in compliance with all applicable laws and maintain the Affordable Housing Units in reasonably good, habitable condition; provided, that a casualty or condemnation event shall not be deemed a violation of such covenant.
The parties acknowledge that the purpose of this Agreement is to facilitate the construction of the Affordable Housing Units and operation and availability throughout the Term, by the Housing Provider, of Affordable Housing Units for eligible low to moderate income households.
Developer shall cause its architect(s), General Contractor, and Major Subcontractors under their respective Affordable Housing Units and Site Work contracts to make their books and records with respect to the Affordable Housing Units and Site Work available to the FCRHA and the FCRHA’s third party representatives (if any), for their review in a manner consistent with this Section.
The Owner covenants that the Affordable Housing Units shall be constructed and Completed in accordance with Building Regulations 2010 (as amended) and any requirements by Homes England or the Regulator from time to time.