Affordable Dwelling Units definition

Affordable Dwelling Units means the Residential Dwelling Units in the Improvements to be operated consistent with the Affordable Housing Program at all times and to be operated, following Construction Completion, so as (i) to qualify for Low-Income Housing Tax Credits, or (ii) to satisfy financing requirements, including but not limited to the County Requirements.
Affordable Dwelling Units means the units are both rent and income restricted. Rent schedules for the units shall be based on the Florida Housing Finance Corporation (“FHFC”) table utilized for administering the Low-Income Housing Tax Credit program entitled “Multifamily Rental Programs Income Limits and Rent Limits,” also referred as the Multi-Family Rental Program Matrix, as revised from time to time and adjusted based on the number of bedrooms.
Affordable Dwelling Units means Units to be rented to households with annual incomes at or below a specified percentage of the Area Median Income of the Area, adjusted for Family size as determined by the U.S. Department of Housing and Urban Development. Such specified percentage shall be no lower than forty percent (40%).

Examples of Affordable Dwelling Units in a sentence

  • The Applicant must provide Affordable Dwelling Units (“ADUs”) pursuant to § 2-800 et seq.

  • Unless otherwise exempt pursuant to Part 8 of Article 2 of the Zoning Ordinance in effect as of the approval date of this Application (the “ADU Ordinance”), the Applicant shall provide Affordable Dwelling Units (“ADUs”) pursuant to the ADU Ordinance.

  • Virginia Housing requires re-sale restrictions related to Affordable Dwelling Units or other affordable housing programs to meet FHA guidelines.

  • Except as otherwise specifically authorized by this Section, the Affordable Dwelling Units shall be located within the development subject to these regulations.

  • Two Detached Dwellings shall be permitted on a Lot only when both Detached Dwellings are permanently restricted to be Affordable Dwelling Units.

  • Part 8 of Article 2 of the Zoning Ordinance requires the provision of Affordable Dwelling Units (ADUs) in certain circumstances.

  • Criterion #7 is applicable to all rezoning applications and/or portions thereof that are not required to provide any Affordable Dwelling Units, regardless of the planned density range for the site.

  • If an Application proposes development in compliance with the provisions of § 3.10 of this ordinance, otherwise applicable Town application fees, building permit fees, plan review fees, inspection fees, and such other development fees and costs which would otherwise be due shall be waived for the Affordable Dwelling Units component of the Application.

  • A development that is subject to this Section shall provide the number of Affordable Dwelling Units required by Table 3.10-1, below.

  • The Applicant shall provide a minimum of 44 Affordable Dwelling Units (“ADUs”) in Landbay 1.


More Definitions of Affordable Dwelling Units

Affordable Dwelling Units means those Dwelling Units on the Lands that have been identified by the Owner as being set aside for persons or families that qualify as a Low to Moderate Income Household.
Affordable Dwelling Units means 10% times the total amount of all dwelling units approved by the City for development within all Residential Medium Density (RM) planning areas of the Project which as of the Amendment Effective Date is 55 dwelling units as set forth in Schedule “2” attached. The final number of Affordable Dwelling Units will be reasonably determined by the City DCD after final tract maps have been approved by the City for all RM planning areas but no later than the issuance by the City of the first building permit for Lot G of Village III of the Development Plan (“Lot G”). Developer shall then provide within Lot G (designated within the Development Plan as Residential High Density (RH) (the “VAF Affordable Housing Development”) that number of dwelling units equal to the required number of Affordable Dwelling Units at a price that is affordable for rent or for sale to moderate-income households as defined by State law (the “VAF Affordable Housing Requirement”). The Affordable Dwelling Units shall be constructed at a ratio of eight (8) one-bedroom, one-bath units, forty-two (42) two bedroom, two bath units, and five (5) three bedroom, two bath units. The specific affordability covenants (including deed restriction or similar enforcement mechanism) along with the calculation of the affordable sales prices or rental amounts prepared in accordance with State law (collectively the “VAF Affordable Housing Program”) shall be reviewed and approved by the City DCD, which approval shall not be unreasonably delayed, prior to the issuance of the first building permit for Lot G. The decision of the City DCD with regards to any of the VAF Affordable Housing Program is subject to appeal as set forth in Section 1(xii). It is the City’s intention that Developer’s compliance with this Section

Related to Affordable Dwelling Units

  • Affordable Housing Units – means the Affordable Housing to be provided as part of the development in accordance with the application and/or any subsequent reserved matters approval.

  • Dwelling unit means a single unit providing complete, independent living facilities for one or more persons, including permanent provisions for living, sleeping, eating, cooking and sanitation.

  • 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.

  • Residential Dwelling Unit means any portion of a building that contains living facilities, including a room or rooms in a facility that have shared cooking, bathing, toilet, or laundry facilities such as dormitories, shelters, assisted living facilities, and boarding homes. "Residential dwelling unit" also means facilities that include provisions for sleeping, cooking, bathing, and toilet facilities for one or more persons and are used for extended stays, such as time-shares and extended-stay motels. "Residential dwelling unit" does not mean a guest room in a motel or hotel.

  • Affordable Units means units that have rents that do not

  • Single-family dwelling unit means a structure that is usually occupied by just one household or family and for the purposes of this Policy is expected to generate an average of 250 gallons per day of wastewater.

  • Accessory dwelling unit means an attached or a detached residential dwelling unit that provides complete independent living facilities for one or more persons and is located on a lot with a proposed or existing primary residence. It shall include permanent provisions for living, sleeping, eating, cooking, and sanitation on the same parcel as the single-family or multifamily dwelling is or will be situated. An accessory dwelling unit also includes the following:

  • private dwelling means any part of a structure that is occupied as a residence, or any part of a structure or outdoor living area that is accessory to, and used wholly for the purposes of, a residence;

  • 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.

  • Interior of the dwelling unit means the inside of the dwelling unit, consisting of interior walls,

  • Manufactured dwelling park means a place where four or more manufactured dwellings

  • 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.

  • Apartment Dwelling means any dwelling unit within a building containing more than four dwelling units where the units are connected by an interior corridor;

  • 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.

  • Dwelling means any building, structure, or portion thereof which is occupied as, or designed or intended for occupancy as, a residence by one or more families, and any vacant land which is offered for sale or lease for the construction or location thereon of any such building, structure, or portion thereof.

  • Housing Unit means a detached or attached (including townhouse condominium or condominium) single-family house (but excluding mobile homes) owned by the Restricted Parent or a Subsidiary of the Restricted Parent (i) which is completed or for which there has been a start of construction and (ii) which has been or is being constructed on any real estate which immediately prior to the start of construction constituted a Lot.

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

  • Residential Dwelling Any one of the following: (i) a detached one-family dwelling, (ii) a detached two- to four-family dwelling, (iii) a one-family dwelling unit in a Xxxxxx Xxx eligible condominium project, (iv) a manufactured home, or (v) a detached one-family dwelling in a planned unit development, none of which is a co-operative or mobile home.

  • Multi-family dwelling means a structure that contains more than one separate dwelling unit, which is used, or occupied, or intended to be used or occupied, in whole, or in part as the home or residence of one or more persons.

  • new dwelling means, for the purposes of the definition of “second authority” and paragraphs 91, 98 and 103, the dwelling to which an applicant has moved, or is about to move, in which the applicant will be resident;

  • Multifamily dwelling means a structure that contains more than one separate residential dwelling unit, which is used or occupied, or intended to be used or occupied, in whole or in part, as the home or residence of one or more persons.

  • Affordable housing means, unless the context clearly

  • Manufactured dwelling means a residential trailer, a mobile home or a manufactured

  • Affordable Housing Cost means an amount satisfied by:

  • Cooperative Apartment A dwelling unit in a multi-dwelling building owned or leased by a Cooperative, which unit the Mortgagor has an exclusive right to occupy pursuant to the terms of a proprietary lease or occupancy agreement.

  • single detached dwelling means a completely detached Building containing only one Dwelling Unit;