Inclusionary development definition

Inclusionary development means a development containing both affordable units and market rate units. This term includes, but is not necessarily limited to: new construction, the conversion of a non-residential structure to residential and the creation of new affordable units through the reconstruction of a vacant residential structure.

Inclusionary development means a development containing both affordable units and market rate units. Inclusionary developments must have a twenty (20) percent set aside of affordable units if the development has five or more units and is a for-sale project, or a fifteen (15) percent set-aside if the development is a rental project. This term includes, but is not necessarily limited to: new construction, the conversion of a non-residential structure to residential and the creation of new affordable units through the reconstruction of a vacant residential structure.

Inclusionary development means a development containing both affordable and market-rate units.

Examples of Inclusionary development in a sentence

• Townhouse style buildings are also permitted in an Inclusionary development.

• Inclusionary development, or 20% of the total market rate housing units or 2.5% of the equalized assessed value of non-residential development, shall be permitted to accommodate persons of low and moderate income.

• Inclusionary development policies” (IDP) require that a percentage of units created by new development be affordable to low- or moderate-income residents.

• Zoning tools for creating deed-restricted middle-income housing Inclusionary development ordinancesInclusionary zoning is a tool through which developments above a certain size are required to include a certain number of affordable units.

• Inclusionary development in nearby towns and throughout the county and state is currently being proposed at 20 or more units per acre.

More Definitions of Inclusionary development

Inclusionary development means a residential housing development in which a substantial percentage of the housing units are provided for a reasonable income range of low and moderate income households.

Inclusionary development means a development containing [at least 20 percent] low- and moderate-income dwelling units. This term includes, but is not necessarily limited to, the creation of new low- and moderate-income dwelling units through new construction, the conversion of a nonresidential structure to a residential structure, and/or the gut rehabilitation of a vacant residential structure.

Inclusionary development means a development containing both affordable units and market rate units. This term includes, but is not necessarily limited to: new construction, the

Inclusionary development has the meaning given in the IZ Implementation Regulations.

Inclusionary development means a residential housing

Inclusionary development means a development containing both affordable units and market rate units.

Inclusionary development means a development containing both affordable and