Intermediate Affordable Housing definition
Intermediate Affordable Housing shall have the meaning which is defined in Annex B of the version of Planning Policy Statement 3 published in June 2010;
Intermediate Affordable Housing means housing at prices and rents above those of an Affordable Price or Affordable Rent but below Open Market Value or market rent and which (a) meets the needs of eligible households including availability at a cost low enough for them to afford, determined with regard to local incomes and local house prices, and (b) includes provision for the home to remain at an affordable price for future eligible households or, if these restrictions are lifted, for the subsidy to be recycled for alternative affordable housing provision; Intermediate Affordable Housing may include shared equity schemes such as ‘Homebuy’ but does not include affordable rented housing
Intermediate Affordable Housing. “Late Payment Interest” “Monitoring Contribution” “Occupation” The Homes and Communities Agency N.B. This is changing to Homes England in Summer 2017 (see Housing ▇▇▇▇) Housing for sale and rent provided at a cost above social rent but below market levels subject to the criteria for affordable housing as defined in Annex 2 of the National Planning Policy Framework. This can include shared equity products (eg shared ownership), other low cost homes for sale and intermediate rent but not Affordable Rented Housing Interest at 4% (four percent) above the minimum lending rate of the Bank of England from time to time The sum of XXXX towards the costs of the monitoring and enforcement of this Deed Occupation for the purposes permitted by the Planning Permission but not including occupation by personnel engaged in construction, fitting out or decoration or occupation for marketing or display or occupation in relation to security operations and “Occupy” shall be construed accordingly
Examples of Intermediate Affordable Housing in a sentence
Help to Buy Register (Intermediate Affordable Housing including Shared Ownership) The following data confirms the accommodation requirements of households listed on the sub-regional “Help to Buy” Register in October 2017, and who have expressed an interest in intermediate forms of affordable housing within the Borough of Basingstoke and ▇▇▇▇▇.
Help to Buy Register (Intermediate Affordable Housing including Shared Ownership) The following data confirms the accommodation requirements of households listed on the sub-regional “Help to Buy” Register in April 2017, and who have expressed an interest in intermediate forms of affordable housing within the Borough of Basingstoke and ▇▇▇▇▇.
Not to Occupy any Intermediate Affordable Housing Units other than under such arrangements as to rent or lease or sale as the Council may approve in writing to the Owners’ Agent in its absolute discretion.
More Definitions of Intermediate Affordable Housing
Intermediate Affordable Housing means housing at prices and rents above those of an Affordable Price or Affordable Rent but below Open Market Value or market rent and which (a) meets the needs of eligible households including availability at a cost low enough for them to afford, determined with regard to local incomes and local house prices, and (b) includes provision for the home to remain at an affordable price for future eligible households or, if these restrictions are lifted, for the subsidy to be recycled for alternative affordable housing provision; Intermediate Affordable Housing includes low cost home ownership schemes, such as shared ownership, shared equity, or discounted sale but does not include affordable rented housing
Intermediate Affordable Housing. “Late Payment Interest” “Monitoring Contribution” “Occupation” The Homes and Communities Agency Housing for sale and rent provided at a cost above social rent but below market levels subject to the criteria for affordable housing as defined in Annex 2 of the National Planning Policy Framework. This can include shared equity products (eg shared ownership), other low cost homes for sale and intermediate rent but not Affordable Rented Housing Interest at 4% (four percent) above the minimum lending rate of the Bank of England from time to time The sum of XXXX towards the costs of the monitoring and enforcement of this Deed Occupation for the purposes permitted by the Planning Permission but not including occupation by personnel engaged in construction, fitting out or decoration or occupation for marketing or display or occupation in relation to security operations and “Occupy” shall be construed accordingly