Replacement housing definition
Replacement housing means housing purchased by a homeowner or leased by a renter needed to replace a disaster-affected home that is destroyed or damaged beyond reasonable repair as determined by a local program administrator.
Replacement housing means one or more of the first 561 housing units constructed or rehabilitated in the Yesler Terrace Redevelopment Area after the date hereof, that are restricted to occupancy solely by Residents who must relocate due to demolition and construction or households with incomes no higher than 30 percent of AMI at the time of initial occupancy of the household, and that satisfy the additional requirements for Replacement Housing in Article 3 below.
Replacement housing means public housing units, or project-based vouchers. It does not mean tenant-based Housing Choice Vouchers.
Examples of Replacement housing in a sentence
Replacement housing is available in the general area; last-resort housing will, however, be provided if it were found that sufficient, comparable housing were not available within monetary limits of owners and tenants.
Replacement housing must be HUD certified, meet local code requirements and HQS standards, and be within the National Automobile Dealers Association (NADA) retail value to qualify.
Replacement housing units will be within walking distance of downtown (defined as within one mile from Main Street).
More Definitions of Replacement housing
Replacement housing. Units shall mean the Affordable Housing Units on the Project Site that satisfy the Replacement Housing Obligation, and any Inclusionary Units that are affordable under the standards set forth in Government Code Section 53395.3(c) that are designated as Replacement Housing Units pursuant to Section 3.1(a)(3). .