Affordable Housing Units definition

Affordable Housing Units as used in Schedule P shall mean and include “Inclusionary Housing Units.”
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Affordable Housing Units means the Owner’s affordable housing commitments contained in the ▇▇▇▇.
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Affordable Housing Units. – means the Affordable Housing to be provided as part of the development in accordance with the application and/or any subsequent reserved matters approval.
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Examples of Affordable Housing Units in a sentence

  • Further, Developer acknowledges that the design of the Project, the identity, stability and financial capacity of Developer and any proposed manager/operator of the Project and the terms and conditions of the sale of the Project, if any, and the ability of AvalonBay to deliver the Project, including by causing ▇▇▇▇▇ to deliver the required Affordable Housing Units, will be of material concern to the City and comprise part of the Essential Terms that are not yet agreed upon by the Parties.

  • This Agreement applies to units selected by the Developer and accepted by the City in the Subdivision (See Attachment 1 – Identification of Affordable Housing Units).

  • With respect to construction of the Affordable Housing Units, construction financing may be obtained from CSCDA bond proceeds for the development and from a reputable, institutional lender as may be approved by the City.

  • Developer proposes to finance project costs with 100% equity for all portions of the Project other than the Affordable Housing Units.

  • However, the DDA shall permit and shall establish financing requirements for development of the Affordable Housing Units on the Affordable Housing Portion of the Project following conveyance of such property to Abode and as to such portion of the Development Parcels shall not include provisions that conflict with market convention related to typical mortgagor requirements.


More Definitions of Affordable Housing Units

Affordable Housing Units means a minimum of 25% of the Housing Units to be constructed on the Affordable Housing Land as Affordable Housing which shall be more particularly detailed in the Approved Affordable Housing Plan (and if this does not result in a whole number then the number shall be rounded up)
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Affordable Housing Units means permanent housing that is affordable to low-and moderate-income households, such that the new housing achieves income averaging at or below fifty percent of the area median income, with residents’ eligibility capped at a maximum of eighty percent of the area median income at the start of their lease.
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Affordable Housing Units means those Dwellings permitted as part of the Development which are to be provided as Affordable Housing to Qualifying Persons in accordance with paragraphs 1 and 2 of Part I of Schedule Two;
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Affordable Housing Units means 20 single-family dwellings, each constructed on a Strata Lot, in respect of which the tenure, rental, and occupancy are restricted in accordance with sections 3 through 7 of this Agreement;
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Affordable Housing Units means any Housing Unit which is being provided as Affordable Housing and falling within any of the categories of Affordable Housing Tenure;
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Affordable Housing Units means [x] of Affordable Housing provided within the Development of which [ ] shall be Social Rented Units and [ ] shall be Intermediate Units
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Affordable Housing Units means those Dwellings within the Development which are to be provided as Affordable Housing comprising Affordable Rented Housing Units and “Affordable Housing Unit” shall be construed accordingly
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