Rental Project definition

Rental Project means a residential project, or portion thereof, that creates living units that cannot be sold individually, except that construction of any accessory dwelling unit as defined in FMC Section 18.190.005 shall not be considered a rental project.

Rental Project means a Residential Development, or portion thereof, that creates dwelling units that cannot be sold individually.

Rental Project means a residential project, or portion thereof, which is intended to be rented to tenants upon completion.

Examples of Rental Project in a sentence

• Further, City has the right, but not the obligation to monitor compliance with respect to each tenant household at the Rental Project, and City’s election to monitor some, but not all, of the Units shall not constitute a waiver of City’s right to monitor and enforce compliance with respect to all Units in the future.

• If, at any time, Xxxxxxxxx fails to maintain the Rental Project or any portion thereof, and said condition is not corrected after the expiration of forty‑five (45) days from the date of written notice from City, City may perform the necessary maintenance and Developer shall pay such costs as are reasonably incurred for such maintenance.

• In such event, Developer shall submit to City each construction contract with appropriate provisions providing for the construction of the Rental Project in conformance with the terms of this Agreement, including a Section 3 Clause.

• Following completion of construction, Developer shall be available upon request by City staff to review Developer’s activities under the DDA and the HOME Agreement and to ensure the Rental Project is operating in accordance with the DDA and the HOME Agreement and the HOME Program.

• Xxxxxxxxx agrees to comply with and to cause the contractor, each subcontractor, and any other contractors and/or subcontractors or agents of Developer to comply with the requirements of Section 3 of the Housing and Urban Development Act of 1968, as amended, 12 U.S.C. §1701u, and the implementing regulations, in connection with the construction of the Rental Project to the extent applicable.

More Definitions of Rental Project

Rental Project means the four (4) unit residential rental development on the Site.

Rental Project means a housing project developed by or for the University.

Rental Project means a residential project, or portion thereof, on a Fee Simple Lot, containing more than one dwelling unit, which is intended to be rented to tenants.

Rental Project means a residential project, or portion thereof, that creates living units that cannot be sold individually, except that construction of any accessory dwelling unit shall not be considered a rental project.

Rental Project means a residential project, or portion thereof, that creates living units that cannot be sold individually, except that construction of any secondary dwelling unit as defined in Section

Rental Project means a residential project, or portion thereof, that creates living units that cannot be sold individually, except that the construction for any secondary dwelling unit as defined in Section 17.04.010 shall not be considered a rental project.

Rental Project means a residential project, or portion thereof, which is intended to be rented to tenants upon completion. 6-3006 Residential Development. For all Residential Developments, at least 15 percent of the total units must be Inclusionary Units restricted for occupancy by moderate-, low- or very low-income Households at either the Affordable Rent or Affordable Ownership cost appropriate for the income of the Household. The number of Inclusionary Units required for a particular project will be determined only once, at the time of tentative or parcel map approval, or, for developments not processing a map, prior to issuance of a building permit. If a change in the subdivision design results in a change in the total number of units, the number of Inclusionary Units required will be recalculated to coincide with the final approved project. A. Calculation. For purposes of calculating the number of inclusionary units required by this Article, any additional units authorized as a density bonus under California Government Code Section 65915(b)(l) or (b)(2) will not be counted indetermining the required number of Inclusionary Units. In determining the number of whole Inclusionary Units required, any decimal fraction of 0.5 or more shall be rounded up to the nearest whole number. B. Rental Project. The Inclusionary Units must be restricted to occupancy as follows: Total Units inProject Required Inclusionary Units Low Income C. For Sale Project. The Inclusionary Units shall be restricted to occupancy as follows: Total Units inProject Required Inclusionary Units Total (A + B) Moderate Income Low IncomeHousehold (A)Owner Household (B) 2 to 6 1 or in-lieu fee 1 or in-lieu fee 0