Rental Development definition

Rental Development means any residential development that creates one or more additional dwelling units that cannot be lawfully sold individually in conformance with the Subdivision Map Act.
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Rental Development means a Residential Development that includes multiple dwelling as defined in San José Municipal Code Section 20.200.340.
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Rental Development means the Property, the twenty-five (25) dwelling units to be developed on the Property, any additional improvements constructed on the Property, and all landscaping, roads and parking spaces existing or to be constructed on the Property.
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Examples of Rental Development in a sentence

  • AND WHEREAS the Program is comprised of several components, being the New Rental Development Program (AHTP-NRDP), the New Home Development Program (AHTP-NHDP), the Rent Supplement Program (AHTP-RSP), the Secondary Suite Program (AHTP-SSP) and the Multi Unit Rehabilitation Program New Rental Development Program (AHTP-MURP).

  • With prior City approval, the Owner may also self-manage the Rental Development.

  • AND WHEREAS the Program is comprised of several components, being the New Rental Development Program (AHTP-NRDP), the New Home Development Program (AHTP- NHDP), the Rent Supplement Program (AHTP-RSP), the Secondary Suite Program (AHTP-SSP) and the Multi Unit Rehabilitation Program New Rental Development Program (AHTP-MURP).

  • Owner and the City hereby create a restrictive covenant encumbering the Property that will meet the conditions for qualification as affordable housing as described in the Affordable Rental Development Program Agreement dated , 2020 (“Program Agreement”).

  • Borrower and the City hereby create a restrictive covenant encumbering the Property that will meet the conditions for qualification as affordable housing as described in the Affordable Rental Development Program Agreement.

  • The Rental Development has received an incentive from the City for the provision of the Inclusionary Units.

  • The City shall have no responsibility over management of the Rental Development.

  • One (1) dwelling Unit in the Rental Development shall be rented to and occupied by or, if vacant, available for occupancy by Low Income Households.

  • For the entire Term of this Agreement, the Rental Development shall maintain all interior and exterior improvements, including landscaping, on the Property in good condition and repair (and, as to landscaping, in a healthy condition) and in accordance with all applicable laws, rules, ordinances, orders and regulations of all federal, state, county, municipal, and other governmental agencies.

  • Written by: ▇▇▇▇▇ ▇▇▇▇▇▇▇, Housing Services Manager ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Chief Administrative Officer Warden ▇▇▇▇ ▇▇▇▇▇▇▇▇ Members of the Human Services Committee ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Director of Human Services July 12, 2018 Social Infrastructure Fund – RFP New Affordable Rental Development That further, this recommendation be forwarded to the Ministry of Housing for approval and funding through the Social Infrastructure Fund (SIF) if the terms and conditions are met by the September 30th deadline.


More Definitions of Rental Development

Rental Development means a housing development owned and operated by an Obligated Person which
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Rental Development means a housing development owned and operated by an Obligated Person which has received a Loan from MassHousing which is pledged as security for the bonds under the Resolution.
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Rental Development means any Residential Development that is not a For-Sale Development.
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Rental Development means development where units are limited to residential rental tenure in accordance with section 481.1(1) of the Local Government Act
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Rental Development has the meaning set out in Recital B;
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Related to Rental Development

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.