Mixed Income Project definition

Mixed Income Project means a Qualified Residential Rental Project having 50% or fewer of its total units designated as Restricted Rental Units.
Mixed Income Project means a Qualified Residential Rental Project that is a New Construction project and either (1) is not utilizing the Average Income test of Internal Revenue Code Section 42 (g)(1)(C) and has 50% or fewer of its total units designated as Restricted Rental Units, or (2) is part of the California Housing Finance Agency Mixed-Income Program. In a Competitive Application Process, a Mixed Income Project may only apply for an allocation of tax-exempt bonds if the ratio of tax-exempt bonds, not including recycled bonds, to aggregate depreciable basis plus land basis is less than or equal to the ratio of units that will be restricted pursuant to a CTCAC regulatory agreement.
Mixed Income Project means an affordable housing

Examples of Mixed Income Project in a sentence

  • In a Competitive Application Process, a Mixed Income Project may only apply for an allocation of tax-exempt bonds if the ratio of tax-exempt bonds, not including recycled bonds, to aggregate depreciable basis plus land basis is less than or equal to the ratio of units that will be restricted pursuant to a CTCAC regulatory agreement.


More Definitions of Mixed Income Project

Mixed Income Project means a project that includes residential housings with fewer than all residential units made available at affordable rates. “Affordable” for purposes of this definition means residential units affordable to 60% or lower Median Family Income.
Mixed Income Project means a Qualified Residential Rental Project that is a New Construction Project which either (1) is not utilizing the Average Income test of Internal Revenue Code Section 42 (g)(1)(C) and which has 50% or fewer of its total units designated as Restricted Rental Units or; (2) is part of the California Housing Finance Agency Mixed- Income Program. In a Competitive Application Process, a Mixed Income Project may only apply for an allocation of tax-exempt bonds for units that will be restricted pursuant to a TCAC regulatory agreement.
Mixed Income Project means a Qualified Residential Rental Project having 50% or fewer of its total units designated as Restricted Rental Units or are part of the California Housing Finance Agency Mixed-Income Program.
Mixed Income Project means a Project seeking an Allocation from the “Mixed Income Project Set-Aside” as such term is defined in Section 5000 of the CDLAC Regulations.
Mixed Income Project means a Qualified Residential Rental Project that is a New Construction project and either (1) is not utilizing the Average Income test of Internal Revenue Code Section 42 (g)(1)(C) and has 50% or fewer of its total units designated as Restricted Rental Units, or (2) is part of the California Housing Finance Agency
Mixed Income Project means a public housing project that meets the requirements of section 28. ‘‘(10) CAPITAL FUND.—The term ‘Capital Fund’ means the fund established under section
Mixed Income Project means a public hous- ing project that meets the requirements of section 28.