Affordable housing definition

Affordable housing means, unless the context clearly

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Affordable housing means either of the following:

Affordable housing means housing occupied or reserved for occupancy by

Examples of Affordable housing in a sentence

• This GRANT AGREEMENT made this day of , 202 by and between the Town of GRAFTON, a municipal corporation duly organized under the laws of Massachusetts and having an address of ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (the “TOWN”) acting by and through its Community Preservation Committee, (the “CPC”) and Trustees (the “TRUSTEES”) of the GRAFTON Municipal Affordable Housing Trust Fund established pursuant to ▇.▇.

• The Developer further agrees to operate the Development in accordance with the Comprehensive Permit and the Affordable Housing Restriction.

• The foregoing restriction to the contrary notwithstanding, SSLBDA shall have the unrestricted right on or before the Closing Date to assign SSLBDA's rights and obligations under this Agreement to any entity owned or controlled by SSLBDA or to its nonprofit construction partner, the Affordable Housing Corporation of Lake County.

• Any failure of the Developer to (i) construct, operate and maintain the Development as required herein or (ii) comply with the terms of this Agreement or the terms of the Affordable Housing Restriction, shall constitute a default under this Agreement.

• Buyer herein acknowledges that they have reviewed the form of Affordable ▇▇▇▇▇ further acknowledges that the form of the Affordable Housing Covenant may be amended by the City of Falls Church or the Seller prior to the Closing Date without Buyer’s consent in order to comply with the Affordable Housing Programs and any and all government regulations related to such Affordable Housing Covenant.

More Definitions of Affordable housing

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 which is modest in terms of floor area and amenities, based on household needs and community norms, in Projects that achieve rent levels in accordance with the Program Guidelines, but does not include residential premises used as a nursing home, retirement home, shelter, crisis care facility or any other type of similar facility;

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 residential housing that is rented

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.