Affordable Cost definition

Affordable Cost means housing costs not exceeding:
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Affordable Cost. Section 2
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Affordable Cost means a cost that is based on the needs and financial capability of the slum dweller, as determined by the State Government or the authorized agency.
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Examples of Affordable Cost in a sentence

  • The design of the crates shall allow stacking of the crates one over the other and shall be stable at 12 stack high with filled bottles, interchangeable and inter stackable with the stock of crates already available with the Company and the approximate dimensions are given vide para 2.2.6.

  • The City will not approve any mortgage loan which includes negative amortization, a mortgage loan with interest only payments or balloon payments, or a mortgage loan that may cause the Owner's monthly housing costs, as determined by the City, to exceed the Affordable Cost at any time during the term of such loan.

  • Affordable Cost, Flexible PaymentsWe understand the fiscal challenges municipalities face on a daily basis, so CivicPlus offers payment options to meet your budgeting needs.

  • Negative amortization loans, purchase money loans with interest only payments, purchase money loans with balloon payments or other purchase money loans that, as determined by the City, may cause the Eligible Purchaser's monthly housing cost to exceed the Affordable Cost at any time during the term of such loans shall not be permitted.

  • U.S. Conference of Mayors, “Mayors & EPA to Begin Dialogue Focused on Protecting Human Health and Environment at an Affordable Cost for Residents,” press release, October 16, 2012, http://www.usmayors.org/ pressreleases/uploads/2012/1016-release-epadialogue.pdf.

  • Standard 1.5 Affordable Cost of Access The court encourages all responsible public bodies and public officers to make the costs of access to the trial court’s proceedings and records - whether measured in terms of money, time, or the procedures that must be followed - reasonable, fair, and affordable.

  • Maintaining Affordable Cost of Living Accountability Budgeting GOAL 1 To select appropriate individuals for parole.

  • Standard 1.5 Affordable Cost of Access The court encourages all responsible public bodies and public officers to make the costs of access to the trial court=s proceedings and records – whether measured in terms of money, time, or the procedures that must be followed – reasonable, fair, and affordable.

  • All five of the Commission’s goals link to the Governor’s third priority, Maintaining Affordable Cost of Living in Florida - Accountability Budgeting, and goals one, four and five link to Reduce Government Spending.

  • Maintaining Affordable Cost of Living in FloridaAccountability Budgeting- Objective 4C: Federal/State Cooperative Agreements - Process federal funds in strict compliance with applicable regulations and guidelines.Reduce Government Spending- Objective 3A: Provide support to civilian agencies.- Objective 4B: Trust Fund Management.- Outcome 4E: Percent of agency administration and support costs compared to total costs.


More Definitions of Affordable Cost

Affordable Cost means in relation to Disposals under the Second Schedule hereto: 1.1.2.1 on the First Disposal by sale of an Affordable Unit the Affordable Price for the Affordable Unit (and for the avoidance doubt sale of a long leasehold interest of the Affordable Unit shall be deemed to be included in the definition of a sale); and 1.1.2.2 on each subsequent Disposal by sale after the First Disposal of each Affordable Unit in the Development a sum calculated in accordance with the provisions of paragraph 1.5 of the Second Schedule hereto 1.1.2.3 on the First Disposal otherwise than by sale a rent not exceeding the Equivalent Mortgage Repayments that would have been payable had the Approved Person acquired the Affordable Unit at the Affordable Price; and 1.1.2.4 on each subsequent Disposal otherwise than by sale a rent not exceeding the Equivalent Mortgage Repayments that would have been payable had the Approved Person acquired the Affordable Unit for the sum calculated in accordance with paragraph 1.5 of the Second Schedule hereto “Affordable Housing” all the Affordable Units to be provided by the Developer at the Affordable Cost in accordance with and subject to the provisions of the First Schedule and comprising xxxxx “Affordable Price” a sum in respect of each xxx affordable Unit not exceeding £xxxx and in respect of each xxx Affordable Unit not exceeding £xxx (except for increases in accordance with paragraph 1.1 of Part 1 of the First Schedule) “Affordable Unit” each and every one of those units comprising the Affordable Housing “Agreed Value” the Market Value of the relevant Affordable Unit being part of the Affordable Housing ascertained in accordance with the provisions of Part 1 of the First Schedule hereto ”the Application" Application numbered DC02 for planning permission for the Development dated 200 submitted by the Developer to the Council “Approved Person” a person who has reasonably demonstrated to the Council a need for Affordable Cost housing based on his earned income and any available capital together with any earned income and available capital of any persons who would live with such person in the Affordable Unit and who meets the criteria for low cost home ownership operated from time to time by the RSL “Commuted Sum” xxxxxxxxxxxx thousand xxxxxx hundred and pounds and xxxxx (£xxx)
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Affordable Cost means a cost that is based on the needs and financial capability of the slum dweller, as determined by the State Slum Redevelopment Authority.
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Affordable Cost means the cost determined by the Government, from time to time, as the reasonable cost to be paid by the slum dweller belonging to EWS category for allotment of dwelling space;
Sample 1

Related to Affordable Cost

  • Affordable Housing Cost means an amount satisfied by:

  • Allowable Cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • Affordable Unit means a housing unit proposed or created pursuant to the Act and approved for crediting by the Court and/or funded through an affordable housing trust fund.

  • Reasonable cost means a cost for a service or item that is consistent with the market standards for comparable services or items.

  • Affordable means, a sales price or rent level that is within the means of a low- or moderate- income household as defined within N.J.A.C. 5:93-7.4, and, in the case of an ownership unit, that the sales price for the unit conforms to the standards set forth in N.J.A.C. 5:80-26.6, as may be amended and supplemented, and, in the case of a rental unit, that the rent for the unit conforms to the standards set forth in N.J.A.C. 5:80-26.12, as may be amended and supplemented.

  • Affordable housing project means, for purposes of this part, title fourteen of article twenty seven of the environmental conservation law and section twenty-one of the tax law only, a project that is developed for residential use or mixed residential use that must include affordable residential rental units and/or affordable home ownership units.

  • Affordable Rent means a rent which does not exceed eighty per centum (80%) of the market rent (inclusive of service charges) for an equivalent property of the relevant size and location such rent to be assessed and set in accordance with the applicable requirements of Legislation and of the Rent Standard;

  • Affordable development means a housing development all or a portion of which consists of restricted units.

  • Affordable housing means housing that is available at a cost low enough to meet the needs of eligible households having regard to local incomes and local house prices and which will remain at an affordable price for future eligible households or, if not, that the subsidy is recycled for alternative affordable housing provision

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • Affordable Housing Unit means a rental unit in an affordable housing building that rents for an amount that is affordable to households at or below 60 percent of area median income, as median income was most recently determined by the United States Department of Housing and Urban Development for the Minneapolis- St. Paul- Bloomington, Minnesota-Wisconsin Metropolitan Statistical Area, as adjusted for household size and number of bedrooms.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Affordable Care Act means, collectively, the Patient Protection and Affordable Care Act, as amended by the Health Care and Education Reconciliation Act of 2010.

  • Avoidable Cost Rate means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6. Balancing Congestion Charges: “Balancing Congestion Charges” shall be equal to the sum of congestion charges collected from Market Participants that are purchasing energy in the Real-time Energy Market minus [the sum of congestion charges paid to Market Participants that are selling energy in the Real-time Energy Market plus any congestion charges calculated pursuant to the Joint Operating Agreement between the Midcontinent Independent Transmission System Operator, Inc. and PJM Interconnection, L.L.C. (PJM Rate Schedule FERC No. 38), plus any congestion charges calculated pursuant to the Joint Operating Agreement Among and Between New York Independent System Operator Inc. and PJM Interconnection, L.L.C. (PJM Rate Schedule FERC No. 45), plus any congestion charges calculated pursuant to agreements between the Office of the Interconnection and other entities, plus any charges or credits calculated pursuant to Operating Agreement, Schedule 1, section 3.8, and the parallel provisions of Tariff, Attachment K-Appendix, section 3.8, as applicable)].

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • Affordable housing development means a development included in the Housing Element and Fair Share Plan, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100 percent affordable development.

  • Financeable Costs means the amount of expenditure for an Improvement which has been duly authorized by action of the governing body of the Issuer to be financed by general obligation bonds, less:

  • Affordable Units means units that have rents that do not

  • FTE Cost means, for any period, the FTE Rate multiplied by the number of FTEs in such period.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Eligible cost means as applied to a qualified project to be financed from the federal accounts, the costs that are permitted under applicable federal laws, requirements, procedures, and guidelines in regard to establishing, operating, and providing assistance from the bank. As applied to a qualified project to be financed from the state highway account, these costs include the costs of preliminary engineering, traffic and revenue studies, environmental studies, right‑of‑way acquisition, legal and financial services associated with the development of the qualified project, construction, construction management, facilities, and other costs necessary for the qualified project. As applied to any qualified project to be financed from the state transit account, eligible project costs are limited to capital expenditures for transit equipment and facilities.

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Affordable housing program(s means any mechanism in a municipal Fair Share Plan prepared or implemented to address a municipality’s fair share obligation.