Affordable Housing Activities definition

Affordable Housing Activities means the Development, Preservation, Reha- bilitation, or Purchase of Affordable Housing;
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Affordable Housing Activities means the Development, Preservation, Rehabilitation, or Purchase of Affordable Housing;
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Affordable Housing Activities means housing activities identified by the participant under subsection (j) of this section;
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Examples of Affordable Housing Activities in a sentence

  • The purpose of the CMF is to attract private capital for and increase investment in the Development, Preservation, Rehabilitation, or Purchase of Affordable Housing for primarily Extremely Low-Income, Very Low-Income, and Low-Income Families, as well as Economic Development Activities, which, In Conjunction With Affordable Housing Activities, implement a Concerted Strategy to stabilize or revitalize a Low-Income Area or Underserved Rural Area.

  • Such costs may be for activities that include Affordable Housing Activities, Economic Development Activities, or Community Service Facilities.

  • Such Eligible Project Costs must be for Affordable Housing Activities and Economic Development Activities, as set forth in the Assist- ance Agreement.(b) Leveraged Costs.

  • The Recipient shall make an initial disbursement of either all or a portion of the CMF Award for Affordable Housing Activities or Economic Development Activities by the date set forth in Schedule 1.

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  • As of the end of the Investment Period, the Recipient shall have used its CMF Award for Affordable Housing Activities resulting in Affordable Housing, financed and/or supported with a CMF Award, that is set aside to be leased or owned, as applicable, by Eligible-Income Families in a number of units that is no less than the number set forth in Schedule 1 of this Assistance Agreement.

  • The purpose of the CMF is to attract private capital for and increase investment in the Development, Preservation, Rehabilitation, or Purchase of Affordable Housing for primarily Extremely Low-Income, Very Low- Income, and Low-Income Families, as well as Economic Development Activities, which, In Conjunction With Affordable Housing Activities, implement a Concerted Strategy to stabilize or revitalize a Low-Income Area or Underserved Rural Area.

  • As of the end of the Investment Period, the Recipient shall have used its CMF Award for Affordable Housing Activities resulting in Affordable Housing located in Areas of Economic Distress, that is reserved for lease or ownership, as applicable, by Eligible-Income Families, as measured over the Recipient’s entire portfolio of Eligible-Income units financed and/or supported with the CMF Award, in a percentage that is no less than the percentage set forth in Schedule 1 of this Assistance Agreement.

  • Yes, a CMF Recipient may provide funds to a developer or to an LLC or LP created to own a specific property if the funds are used for Affordable Housing Activities (see Interim Rule 1807.104 for definition).

  • Recipient shall use 100% of its CMF Award to finance and/or support Affordable Housing Activities and/or Economic Development Activities resulting in Affordable Housing and/or Community Service Facilities/physical structures, financed and/or supported with the CMF Award, that are located in its Service Area.

Related to Affordable Housing Activities

  • Affordable housing means, unless the context clearly

  • 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.

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

  • 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.

  • 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 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.

  • Affordable Housing Cost means an amount satisfied by:

  • Supportive housing means housing with no limit on length of stay, that is occupied by the target population, and that is linked to an onsite or offsite service that assists the supportive housing resident in retaining the housing, improving his or her health status, and maximizing his or her ability to live and, when possible, work in the community.

  • Motorcycling Activities means performing or participating in any capacity in any authorised or recognised Motorcycling Organisation event, meeting or activity;

  • 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.

  • School activities means any activity sponsored by the school including, but not limited to, classroom work, library activities, physical education classes, official assemblies and other similar gatherings, school athletic contests, band concerts, school plays and other theatrical productions, and in-school lunch periods.

  • Affordable Units means units that have rents that do not

  • Agricultural activities means agricultural uses and practices including, but not limited to: Producing, breeding, or increasing agricultural products; rotating and changing agricultural crops; allowing land used for agricultural activities to lie fallow in which it is plowed and tilled but left unseeded; allowing land used for agricultural activities to lie dormant as a result of adverse agricultural market conditions; allowing land used for agricultural activities to lie dormant because the land is enrolled in a local, state, or federal conservation program, or the land is subject to a conservation easement; conducting agricultural operations; maintaining, repairing, and replacing agricultural equipment; maintaining, repairing, and replacing agricultural facilities, provided that the replacement facility is no closer to the shoreline than the original facility; and maintaining agricultural lands under production or cultivation;

  • Activities has the meaning specified in Section 7.02(b).

  • Non-profit housing development means development of a building or structure intended for use as residential premises by,

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and the sale of homes and related real estate activities, including the provision of mortgage financing or title insurance.

  • Economic activities shall in principle include activities of an industrial, commercial and professional character and activities of craftsmen;

  • 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.

  • High Risk Activities means uses such as the operation of nuclear facilities, air traffic control, or life support systems, where the use or failure of the Services could lead to death, personal injury, or environmental damage.

  • Workforce housing means housing for sale or rent with combined rental costs

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Housing development as used in this section, means a development project for five or more residential units, including mixed-use developments. For the purposes of this section, “housing development” also includes a subdivision or common interest development, as defined in Section 4100 of the Civil Code, approved by a city, county, or city and county and consists of residential units or unimproved residential lots and either a project to substantially rehabilitate and convert an existing commercial building to residential use or the substantial rehabilitation of an existing multifamily dwelling, as defined in subdivision (d) of Section 65863.4, where the result of the rehabilitation would be a net increase in available residential units. For the purpose of calculating a density bonus, the residential units shall be on contiguous sites that are the subject of one development application, but do not have to be based upon individual subdivision maps or parcels. The density bonus shall be permitted in geographic areas of the housing development other than the areas where the units for the lower income households are located.

  • Private Business Use means use (directly or indirectly) in a trade or business or activity carried on by any Private Person (other than a Tax-Exempt Organization) other than use as a member of, and on the same basis as, the general public.

  • Competing Activities means the same or similar services as Xxxxxx Xxx Ltd is providing to the Restaurant under this Agreement or other activities having a similar purpose.

  • 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.

  • Commercial Activities means activities conducted on a commercial basis.