Affordable housing development definition

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 development means a development included in or approved pursuant to the Housing Element and Fair Share Plan or otherwise intended to address the Township's fair share obligation, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100 percent affordable housing development.

Affordable housing development means a Capital Project that is a Housing Development in which at least 20 percent of the total units are Affordable Units.

Examples of Affordable housing development in a sentence

• AHSC Loan - Rental Affordable Housing Development NOFA Date: 01/30/15 Rev.

• Unless otherwise informed, any notice, report, or other communication required by this Agreement shall be mailed by first class to the contact at the following address: Sponsor: Insert Contact Info Here Name: Insert Contact Info Here Address: Insert Contact Info Here Phone No.: Insert Contact Info Here Email Address: Insert Contact Info Here AHSC Loan - Rental Affordable Housing Development NOFA Date: 01/30/15 Rev.

• Site Control of Affordable Housing Development site(s) by proposed housing developer.

• If the property for the Affordable Housing Development is being purchased, the Sponsor shall provide an appraisal acceptable to the Department of the as-is value of the property, prepared by a qualified, licensed appraiser.

• The Sponsor shall provide to the Department a certified copy of any Notice of Completion for the Affordable Housing Development recorded in the county in which the Affordable Housing Development is located.

More Definitions of Affordable housing development

Affordable housing development means (i) any housing

Affordable housing development means a proposed or existing structure in which one hundred percent of all single-family or multifamily residential dwelling units within the development are set aside for or are occupied by low-income households at a sales price or rent amount that may not exceed thirty percent of the income limit for the low-income housing unit;

Affordable housing development means state-owned real property appropriate for sale, transfer, or lease to an affordable housing developer capable of:

Affordable housing development means a development that will be built by a developer on a qualifying brownfield property where at least twenty percent of the housing units are affordable to families that earn no more than eighty percent of the average median income of an area, as determined by the United States department of housing and urban development, and that has been issued a letter of interest from a federal, state, or local housing subsidy program.

Affordable housing development means a development included in or approved pursuant to the Housing Element and Fair Share Plan or otherwise intended to address the Borough’s fair share obligation.

Affordable housing development means a proposed housing development which is (A) assisted housing, or (B) a set-aside development;

Affordable housing development means (i) any housing that is subsidized by the federal or State government or (ii) any housing in which at least 20% of the dwelling units are subject to covenants or restrictions that require that the dwelling units be sold or rented at prices that preserve them as affordable housing for a period of at least 15 years, in the case of for-sale housing, and at least 30 years, in the case of rental housing.