Mixed income housing definition

Mixed income housing means a housing project in which the following apply:
Mixed income housing means a housing project in which the
Mixed income housing means a housing project that houses tenants with a mixture of income levels, including those not of lower income, for the purpose of reducing the rents for tenants whose incomes are no greater than 60 percent of the area median income.

Examples of Mixed income housing in a sentence

  • Mixed income housing and increased transportation access for students have both been touted as useful strategies for countering obstacles to opportunity and advances in achievement.26California education finance is state-controlled, silo-ed, and complex.

  • Mixed income housing – Projects with no more than 60% of the overall units being LIHTC unitsPlease note that MSHDA reserves the right to modify the State-Designated Basis Boost Policy on an as- needed basis, should market conditions dictate the necessity for a revision.

  • S/he tended to laugh at [his/her] classmates and make mean-spirited comments to them.

  • Mixed income housing including a minimum of 20% affordable at 80% or less of Area Median Income (AMI) for fee simple unit and 60% or less of AMI for rental units.

  • Mixed income housing and increased density in all new housing development will be essential to reach our goalsof promoting affordability and healthy neighborhoods.


More Definitions of Mixed income housing

Mixed income housing means a project comprising a mix of market-rate and Restricted Affordable Units.
Mixed income housing means a residential structure that comprises differing levels of affordability, with some units at market rate and others available to low and moderate income households at below-market rates.
Mixed income housing means a property where:
Mixed income housing refers to housing developments or a portfolio of developments with Housing Units with different rent rates to accommodate Households with different income levels, and includes a proportion of Housing Units at the rent rates of Affordable Housing;
Mixed income housing means a housing project that houses tenants with a mixture of income levels, including those not of lower income, for the purpose of reducing
Mixed income housing means a housing project in which the following apply: (A) Owner-occupied housing. At the option of the applicant, owner-occupied housing may be characterized by either of the following: (i) at least 15 percent of the housing units have a purchase price which at the time of first sale does not exceed 85 percent of the new construction, targeted area purchase price limits established and published annually by the Vermont Housing Finance Agency; or (ii) at least 20 percent of the housing units have a purchase price which at the time of first sale does not exceed 90 percent of the new construction, targeted area purchase price limits established and published annually by the Vermont Housing Finance Agency; (B) Rental Housing. At least 20 percent of the housing units that are rented constitute affordable housing and have a duration of affordability of no less than 20 years. 10 V.S.A. § 6001(27).
Mixed income housing means a housing project in which at least 15 percent of the total housing units are affordable housing units.