Workforce housing definition

Workforce housing means housing for sale or rent with combined rental costs
Workforce housing means housing that is affordable according
Workforce housing means housing for sale or rent with combined annual rental costs or combined annual mortgage loan debt service, property taxes, and required insurance that do not exceed thirty percent (30%) of the gross annual income of a household earning between eighty percent (80%) and one hundred and forty percent (140%) of the area median income, as defined annually by the United States Department of Housing and Urban Development.

Examples of Workforce housing in a sentence

  • As of each of the closing dates, Seller shall have complied in all material respects with the County of Maui legal requirements relating to the issuance and transfer of the Credits, including the requirements under the Housing Agreement, and shall use its best effort to obtain one (1) executed original “Notice of Exercise and Assignment of Residential Workforce Housing Credits”, on the County of Maui’s official form, executed by both Seller and the County of Maui Department of Housing and Human Concerns.

  • This activity involves providing architectural services for the Workforce Housing identified as 0000 Xxxxx Xxxxxx Boulevard as part of the Xxxxx Xxxxxx/Bethlehem Revitalization Project.


More Definitions of Workforce housing

Workforce housing means housing which is intended for sale and which is affordable to a household with an income of no more than 100 percent of the median income for a 4-person household for the metropolitan area or county in which the housing is located as published annually by the United States Department of Housing and Urban Development. “Workforce housing” also means rental housing which is affordable to a household with an income of no more than 60 percent of the median income for a 3-person household for the metropolitan area or county in which the housing is located as published annually by the United States Department of Housing and Urban Development. Housing developments that exclude minor children from more than 20 percent of the units, or in which more than 50 percent of the dwelling units have fewer than two bedrooms, shall not constitute workforce housing for the purposes of this Article.
Workforce housing means owner-occupied or rental housing units that are provided to households with at least one member per unit who is gainfully employed at the time of entry into the unit.
Workforce housing means housing that is affordable according to federal Department of Housing and Urban Development or other recognized standards for home ownership and rental costs, and occupied or reserved for occupancy by households with a gross household income of more than 80 percent, but less than 120 percent, of the median gross household income for households of the same size within the housing region in which the housing is located.
Workforce housing means single-family and multi-family dwellings which are affordable through sale or rent to households that meet specific income requirements as stated in RSA 674:59. (For housing intended for sale, purchaser’s income may be no more than 100 percent of the area median income for a 4-person household. For rental housing, renter’s income may be no more than 60 percent of the area median income for a 3-person household for the metropolitan area or county. Housing developments that exclude minor children from more than 20 percent of the units, or in which more than 50 percent of the dwelling units have fewer than two bedrooms, shall not constitute workforce housing for the purposes of this subdivision.)
Workforce housing means housing affordable to, according to
Workforce housing means housing that is affordable for households with incomes between 80 percent and 120 percent (or less) of the area median income (AMI), regardless of tenure.
Workforce housing means housing that is affordable to households earning 60 to 120 percent of the area median income