Residential Development Clause Samples

Residential Development. ‌ (1) Single-family residences are a priority use when developed in a manner consistent with control of pollution and prevention of damage to the natural environment.

Residential Development. The Gates is a residential estate and no business shall be conducted on any property.

Residential Development. The Issuer and the Owner hereby recognize and declare their understanding and intent that the Project is to be owned, managed and operated as a "residential development," as such term is defined in Section 394.003(13) of the Act, and in compliance with applicable restrictions and limitations as provided in the Act and the rules of the Issuer, until the expiration of the Qualified Project Period or for as long as any portion of the Bonds remains outstanding and unpaid, whichever is longer. (a) The Owner hereby covenants and agrees for the term of this Regulatory Agreement that at least 76% [21/90 = 24% of Unites will be market] of the Units shall be rented to Eligible Tenants and that the Owner shall not rent or lease any Unit to a person not an Eligible Tenant if such rental would cause less than 90% of the Units to be rented to Eligible Tenants. (b) The Owner hereby represents, covenants and agrees as follows: (i) To assure that 40% of the occupied Units at the Project are occupied at all times by Low Income Tenants; (ii) To obtain a Tenant Income Certification from each tenant in the Project not later than the date of such tenant's initial occupancy of a Unit in the Project and to maintain a file of all such Tenant Income Certifications, together with all supporting documentation, for a period of not less than 3 years following the end of the Qualified Project Period; (iii) To obtain from each tenant in the Project, at the time of execution of the lease pertaining to the Unit occupied by such tenant, a written certification, acknowledgment and acceptance that (A) such lease is subordinate to the Mortgage and this Regulatory Agreement, (B) all statements made in the Tenant Income Certification submitted by such tenant are accurate, (C) the family income and eligibility requirements of this Agreement are substantial and material obligations of tenancy in the Project, (D) such tenant will comply promptly with all requests for information with respect to such requirements from the Owner, the Trustee and the Issuer, and (E) failure to provide accurate information in the Tenant Income Certification or refusal to comply with a request for information with respect thereto will constitute a violation of a substantial obligation of the tenancy of such tenant in the Project; (iv) To cause to be prepared and submitted to the Issuer, and the Controlling Person on the 1st day of the Qualified Project Period, and thereafter by the 20th calendar day of each April, July,...

Residential Development. Residential uses authorized for Planning Area 1 include up to 160 multi-family rental apartment units, in a mix of studios, 1-, 2- or 3-bedroom units with a maximum average size of 835 square feet, constructed on floors 2 and above in three buildings in the general location designated on Sheets SP-2 – SP-4 of the approved PCI Plan site plan, and subject to the affordable housing requirements of Section 7 of this Development Agreement. Short-term rental of residential units for a term of less than six (6) months), whether by Owner, tenant or via third-party services such as AirBnb, VRBO or similar, is prohibited. Parking for rental residential units shall be provided at a ratio of one (1) parking space per bedroom; for example, one (1) space shall be allocated for each 1-bedroom unit, and 2 parking spaces per each 2- bedroom unit; provided however that this required parking ratio applies only to the extent that the parking can be accommodated in the surface parking areas shown on Sheets consistent with development standards for surface parking lots and without reducing parking for other uses below the quantity required by the SMC.

Residential Development. Any development that is comprised of dwelling units, in whole or in part, for permanent human habitation.

Residential Development. 1-11 1.3.2.2 Commercial Development ......................... 1-12 1.3.3 LANDFILL GAS CONTROL MEASURES .......................... 1-13 2.0 HAZARD IDENTIFICATION .............................................. 2-1 2.1 SUMMARY OF SAMPLING ACTIVITIES AND RESULTS .................... 2-2 2.1.1 METALS ................................................. 2-3 2.1.2 SEMI-VOLATILE ORGANIC COMPOUNDS ........................ 2-3 2.1.3 VOLATILE ORGANIC COMPOUNDS ............................. 2-4 2.1.4 CHLORINATED PESTICIDES ................................. 2-5 2.1.5 CYANIDE ................................................ 2-7 2.1.6 COMBUSTIBLE GAS MONITORING ............................. 2-7 2.1.7 LEACHATE MONITORING .................................... 2-8 2.1.8 CONCLUSIONS FROM SAMPLING RESULTS ...................... 2-9 2.2 COMPOUNDS OF CONCERN .......................................... 2-10 2.2.1 METHANE ................................................ 2-11 2.2.2 SOIL VAPOR CONTAMINANTS ................................ 2-12 2.2.2.1 "Cald▇▇▇▇ ▇▇▇es" ............................... 2-12 2.2.2.2 Reviev of Cald▇▇▇▇ ▇▇▇pling .................... 2-13

Residential Development. The Nonprofit agrees to design and construct single family homes for low to moderate income homebuyers on the one block area between ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇, on both sides of Virginia Avenue in the Development Site. All of the new units will be deed-restricted for owner-occupancy with a Use and Occupancy Restriction prepared by the City of East Lansing, with the exception of up to six (6) accessory units which may be approved for a Class III rental housing license under a Special Use Permit. The architectural character of the new homes shall be compatible with units in the neighborhood possessing historical elements and style. The goal is to maximize land use to create up to 26 units of single family housing. The Project will consist of a combination of one (1), one and a half (1½) and two (2) story detached homes. Parking for units will be provided behind the homes. The Nonprofit shall adhere to these parameters and all others as set forth in SECTION 4, LOT SALES. The City reserves the right in its sole and absolute discretion to approve the final site plan, building floor plans and elevation, and exterior building architectural and design features as to what it deems to be in the public interest. The City of East Lansing shall not unreasonably withhold the approval of said plans and designs.

Residential Development. The parties acknowledge that Landlord proposes to include a residential development of approximately 66 housing units in the Project (the “Residential Development”). The parties further acknowledge that the construction of the Residential Development is a material inducement to the Tenant’s execution and performance of this Lease .

Residential Development. Although the scale of residential development occurring outside the city centre is low in comparison (due to lower density), Manchester has continued to establish new residential supply in out of centre locations. Examples of residential schemes completed in the last three years include the 300+ homes delivered by Keepmoat in West ▇▇▇▇▇▇, Clockworks delivering 105 apartments in ▇▇▇▇ Side and the delivery of new homes at East Avenue in ▇▇▇▇▇▇▇▇ where phase 2 – comprising over 120 homes – has now sold out. Small scale developments have also been progressed elsewhere in the city including the redevelopment of the former Manchester Metropolitan University campus in Didsbury and ▇▇▇▇▇▇▇▇▇ Villas in Chorlton. Extant permissions also show a continued development pipeline with examples including the redevelopment of the former Belle Vue Greyhound Stadium (247 houses and apartments), Cotton Quay Plots (491 homes and a hotel with 228 bedrooms), and the Gasworks (1,202 homes, and a class E ground floor space). In popular neighbourhoods such as Chorlton and Didsbury, managing land and premises supply to satisfy both residential and employment growth ambitions remains a challenge although a series of residential developments have continued to progress (for example the ongoing 825 Didsbury development). The COVID-19 pandemic has led to a re-evaluation of the location decisions of both some businesses and residents within the city. As the long-term impacts of the last 16 months remain to be determined, it is particularly important to ensure that land supply can be effectively managed across the city to satisfy potential changing requirements.