Affordable housing definition

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

Affordable housing means, unless the context clearly

Affordable housing means either of the following:

Examples of Affordable housing in a sentence

• No Contractor, developer or sponsor (or officer, employee, agent or consultant of the owner, developer or sponsor) whether private, for profit or not-for-profit (including a Community Housing Development Organization when acting as an owner, developer or sponsor) may occupy a CDBG, HOME, HOF, Regional Affordable Housing Program (RAHP), HB 2331 or Current Expense (CX)-assisted affordable housing unit in a project.

• The Affordable Housing Mitigation Financial Framework (AHMFF) contained in the SDA specifies the financial parameters that establish the limit for the developer’s affordable housing mitigation obligations.

• Any violation or noncompliance of this Declaration regarding the affordable housing component shall result in a monetary penalty to be deposited into the Affordable Housing Trust Fund.

• Both types of educational activities will be centered in frontline and fenceline communities, starting in the Bryant neighborhood of Xxx Arbor and Affordable Housing Commission sites, where most residents live below the federal poverty level.

• Market Dwellings, the Affordable Housing Units shall be Transferred to the RPSH in accordance with this Agreement and on terms that accord with the Homes England funding requirements current at the date of the construction of the Affordable Housing Units.

More Definitions of Affordable housing

Affordable housing means housing occupied or reserved for occupancy by

Affordable housing means a multifamily residential rental development with recorded use restrictions limiting the income of tenants and using one (1) or any combination of the following funding sources: Low Income Housing Tax Credits; HUD HOME Investment Partnerships Sections 202, 207, 220, 223, 231, 811, and HOPE VI programs; Native American Housing Assistance and Self-Determination Act; USDA/RD Sections 514, 515, 516 and 538 programs; the National Housing Trust Fund or the Arizona Housing Trust Fund.

Affordable housing means residential housing that is rented by a person or household whose monthly housing costs, including utilities other than telephone, do not exceed thirty percent of the household's monthly income. For the purposes of housing intended for owner occupancy, "affordable housing" means residential housing that is within the means of low or moderate-income households.

Affordable housing means housing owned or occupied by a low or moderate income family, as determined by resolution of the agency.

Affordable housing means housing owned or occupied by a low or moderate

Affordable housing means housing affordable to families whose incomes do not exceed eighty percent of the median income for the service area or areas within the jurisdiction of the governmental entity.

Affordable housing means residential housing that is rented