Examples of Market Rate Housing in a sentence
Below Market Rate Housing shall be provided pursuant to Section 7.4 of these Regulations.
Below Market Rate Requirements: Below Market Rate Housing shall be provided pursuant to Section 7.4 of these Regulations.
The Regulatory Agreement shall be consistent with the City’s Below Market Rate Housing program guidelines.
Except as otherwise provided in the Financing Plan, the Agency agrees not to amend the Financing Plan, the Infrastructure Plan or the Below- Market Rate Housing Plan in any manner that would increase or decrease the pledge of Net Available Increment or increase or decrease the pledge of Housing Increment contemplated by this Agreement without in each case obtaining the City’s prior written consent, which the City may give or withhold in its sole discretion.
Investors are cautioned that many of the assumptions upon which KTYB's forward-looking statements are based are likely to change after the forward-looking statements are made due to uncertainties KTYB cannot control.
The Market Rate Housing Benefit fee due with the application is $1,500 which includes a non-refundable application fee of $500 and a commitment fee of $1,000 that will be applied at closing; if the project does not close, the $1,000 is not refundable.
The Below Market Rate Housing Program is governed by Chapter 16.96 of the Municipal Code.
The City of Menlo Park Below Market Rate Housing Fund is a separate City fund set aside for the specific purpose of assisting the development of housing that is affordable to very low, low and moderate-income households.
Below Market Rate Requirement: Below Market Rate Housing shall be provided pursuant to Section 7.4 of these Regulations.
The Below Market Rate Housing Program requires residential developments which use scarce residentially zoned land in Menlo Park to provide BMR units or to contribute to the BMR Housing Fund.