Rural Project definition

Rural Project means a Qualified Residential Rental Project that is a New Construction Project located in a rural area as defined by Health and Safety Code section 50199.21 but shall not include a Mixed Income Project.
Rural Project means a project in which all or the majority of the project (determined by the geographic location or locations where the majority of the project funds will be spent) is located in a Rural Area.
Rural Project means a Project located outside of Maricopa and Pima Counties.

Examples of Rural Project in a sentence

  • Subsequent to the determination made pursuant to subdivision (a) of this section, determine and announce whether a portion of the Qualified Residential Rental Project Pool, expressed as a dollar amount and as a percentage (not to exceed ten percent (10%)) of the Qualified Residential Rental Project Pool shall be reserved in a Rural Project Pool to be available for allocation to Rural Projects and determine what amount, if any, shall be available in each Allocation Round.

  • After any such initial consideration of Small Rural Project Applications, the Board will consider Award of remaining Credits to any Applicant.

  • The Board may but is not required by this provision to select any Small Rural Project for an Award of Credits.

  • The Board may but is not required by this provision to select any Tribal or Small Rural Project for an Award.

  • LIMITATION ON SOFT COSTSThe Soft-Cost-to-Hard-Cost Ratio (“Soft Cost Ratio”) for the Project, based upon the Application’s UniApp, may not exceed:• 32% for projects with more than 24 units;• 37% for projects with 24 or fewer units or Small Rural Projects; or• 40% for stand-alone 4% Credit Projects.For Twinned 4%/9% Projects, the Soft Cost ratio is calculated based upon the combined costs for the 4% and 9% Projects and the applicable 32% Large Project limit or 37% Small Rural Project limit.


More Definitions of Rural Project

Rural Project means a project located in outside of Maricopa and Pima Counties or in a “rural area” as defined in 7 C.F.R § 3550.10.
Rural Project means a Project located in a Rural Area. “Rural Area” means area outside of Maricopa or Pima County.
Rural Project means a Project located in a Rural Area.
Rural Project means a Qualified Residential Rental Project located in a rural area as defined by California Health and Safety Code Section 50199.21 but shall not include a Mixed Income Project.
Rural Project means a project located in a rural area, as defined.
Rural Project means a Qualified Residential Rental Project that is a New Construction Project located in a rural area as defined by Health and Safety Code section 50199.21 but shall not include a Mixed Income Project. […]
Rural Project means a project that, at the time