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 must be used as the eligible homeowner’s primary residence.
Replacement housing shall not be located in a 100-year floodplain.