Affordable Housing Agreement definition

Affordable Housing Agreement shall have that meaning set forth in Section 3.09 of this Agreement.

Affordable Housing Agreement means an affordable housing agreement as described in Section A-1.8, or a "regulatory agreement" as defined in Section 8-10.20(a).

Affordable Housing Agreement means an agreement in conformance with Section 16.65.090(B) between the City and an applicant, governing how the applicant shall comply with this chapter.

Examples of Affordable Housing Agreement in a sentence

• Affordable housing agreement with developer.2. Record Deed Restriction.3. Clear buyers ortenants with Housing Authority.

• NS-535 § 1, 2000) 21.85.140 Affordable housing agreement as a condition of development.

• See: Planning Victoria, Sample: Affordable housing agreement under Section 173 of the Planning and Environment Act 1987: available at: https://www.planning.vic.gov.au/ data/assets/pdf_file/0026/215297/Final-_Example_Agreement.pdf Accessed: 14 September 2021.

• The owner shall provide to the city any additional information required by the city to ensure the long-term affordability of the affordable units by eligible households.(b) Affordable housing agreement.

• Affordable housing agreement – General fund: The City has entered i nto an Affordabl e Housing Agreement wi th a developer wherein the devel oper has agreed to compl y to certai n affordability covenants including the reimbursement to the City of forgone property taxes whi ch would have been payabl e for the property, increasing at the rate of 2 percent annual ly.

More Definitions of Affordable Housing Agreement

Affordable Housing Agreement means an agreement between the applicant and the city guaranteeing the affordability of rental or ownership units in accordance with the provisions of this division.

Affordable Housing Agreement means an agreement made between an applicant for a Density Bonus Project and the City regarding the provision and monitoring of any affordable housing unit(s) authorized and required within the Density Bonus Project.

Affordable Housing Agreement means each affordable housing agreement negotiated and entered into between Authority and Developer for each Phase of the Project that shall be the basis for Developer’s application to TCAC for an allocation of Tax Credits for each Phase.

Affordable Housing Agreement means a legally binding agreement between a Developer and Heber City and the Wasatch County Housing Authority which ensures that the requirements of this ordinance are satisfied.

Affordable Housing Agreement means a covenant, lien, regulatory agreement, promissory note, mortgage, deed restriction, right of first refusal, option to purchase or similar instrument, governing how the developer and subsequent owners or occupants of affordable units shall comply with this section.

Affordable Housing Agreement means a legally binding agreement between an applicant and the City of Malibu to ensure that continued affordability of the Affordable Housing Units persists, and the units are maintained in accordance with Section 17.41 of the Municipal Code.

Affordable Housing Agreement means a legally binding agreement between an applicant and the City to ensure that the requirements are satisfied in accordance with Chapter 20.380, Section 20.380.014 of the Inclusionary Housing Regulations.