BMR Units definition

BMR Units has the meaning set forth in the Housing Program.
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BMR Units means inclusionary affordable units per the City’s Residential Inclusionary Affordable Housing Program, as set forth in Planning Code section 415 et seq.
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BMR Units means and refer to the residential units that are part of the Hotel Unit, subject to the provisions set forth in Section 9.15 of this Declaration.
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Examples of BMR Units in a sentence

  • The maximum qualifying household income for the BMR Units shall be 50 percent of area median income (AMI), and the maximum housing payment shall be 30 percent of 50 percent of AMI, as set forth in the following paragraphs of this condition.

  • The designation of BMR Units shall conform to the addresses assigned to the building by the City.

  • The general public will be invited to participate in the lottery, as well; Applicants who submit a complete application by the application deadline for the BMR Unit(s) will receive a numbered lottery ticket whose twin ticket shall be entered into the lottery.

  • The BMR Units shall be designated in the Regulatory Agreement and shall be reasonably dispersed throughout the project; be of the same size and contain, on average, the same number of bedrooms as the non-BMR units in the project; and be comparable with the design or use of non-BMR units in terms of appearance, materials and finish quality.

  • The initial location of the BMR Units shall be designated in the Regulatory Agreement and shall be reasonably dispersed throughout the project; be of the same size and contain, on average, the same number of bedrooms as the non-BMR units in the project; and be comparable with the design or use of non-BMR units in terms of appearance, materials and finish quality.

  • However, no BMR Units shall begin marketing in one calendar year with Maximum Purchase Prices that were established in the previous calendar year.

  • However, no BMR Units shall begin marketing in one calendar year with rental rates that were established in the previous calendar year.

  • Rental Prohibition BMR Units are not to be used as rental property.

  • The pricing shall be valid for sixty (60) days and shall serve as the final pricing for the BMR Rental Units only upon approval of the Marketing Plan for the BMR Units.

  • Segment information for the six months ended 30 September 2013 and 2012 about these businesses is presented below.


More Definitions of BMR Units

BMR Units means the seventeen (17) units in the Project that are required to be sold to Eligible Households at Affordable Sales Prices in accordance with this Agreement.
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BMR Units means inclusionary affordable housing units required by the City’s Inclusionary Affordable Housing Program, as set forth in Planning Code section 415 et seq.
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BMR Units means the Inclusionary Units (as defined in the Housing Plan).
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Related to BMR Units

  • Common Units is defined in the Partnership Agreement.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Company Units has the meaning set forth in the Recitals.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Junior Units means any Partnership Unit representing any class or series of Partnership Interest ranking, as to distributions, or rights upon voluntary or involuntary liquidation, dissolution or winding up of the Partnership, junior to Series A Preferred Units.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units set forth opposite such Purchaser’s name under the column titled “Purchased Units” set forth on Schedule A hereto.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Offered Units has the meaning set forth in Section 9.03(a)(i).

  • Class B Units has the meaning set forth in Section 3.04(a)(ii).

  • Membership Units has the meaning set forth in the Recitals.

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Redeemed Units has the meaning set forth in Section 11.01(a).

  • Trust Units means units of the Trust;

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • Restricted Units means that number of restricted units listed in the Award Letter as “Awards Granted.”

  • public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.