Common use of Minimum Number of Units, Affordable Rents and Tenant Income Limits Clause in Contracts

Minimum Number of Units, Affordable Rents and Tenant Income Limits. A. Each Approved Project must contain a multifamily housing development with eight (8) or more units, of which at least 30% must be affordable, but in no event shall there be less than 4 affordable units in the Approved Project.

Appears in 8 contracts

Samples: Standard Agreement, General Services, Standard Agreement Agreement

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Minimum Number of Units, Affordable Rents and Tenant Income Limits. A. Each Approved Project must contain a multifamily housing development with eight (8) or more unitsminimum of 8 units total, of which at least 30% must be affordable, but in no event shall there be less than 4 affordable units in the Approved Project.

Appears in 7 contracts

Samples: Standard Agreement, Scoid, Standard Agreement Agreement

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