Affordable Housing Fund definition

Affordable Housing Fund means a loan, grant or investment fund, man- aged by the Awardee, whose capital is used to finance Affordable Housing Ac- tivities;

Affordable Housing Fund means aloan, grant or investment fund, managed by the Awardee, whose capital is used to finance Affordable Housing Activities;

Affordable Housing Fund means a fund or account designated by the City to maintain and account for all monies received pursuant to this chapter.

Examples of Affordable Housing Fund in a sentence

• Upon recovery, after payment of costs, the balance shall be paid to the Municipality for deposit to its Affordable Housing Fund.

• In the event that the Monitoring Agent consents for good cause to any such lease, refinancing, encumbrance or mortgage, it shall be a condition to such consent that all rents, profits or proceeds from such transaction, which exceed the actual carrying costs of the Property as determined by the Monitoring Agent, shall be paid to the Municipality for deposit to its Affordable Housing Fund.

• Any rents, profits, or proceeds from any transaction described in the preceding sentence which transaction has not received the requisite written consent of the Monitoring Agent shall be paid upon demand by Owner to the Municipality for deposit to its Affordable Housing Fund.

• The Affordable Housing Fund (AHF) provides Exchequer funding support to local authorities to assist in meeting the cost of delivery of affordable homes via an equity share in the property.

• Bonus FAR is allowed in exchange for payment into the Affordable Housing Fund.

More Definitions of Affordable Housing Fund

Affordable Housing Fund means the affordable housing fund created and established

Affordable Housing Fund or “Fund” means a fund established pursuant to the Chapter as described in Section XII-1-9.00, et seq., and in which all fees collected through this Chapter shall be placed.

Affordable Housing Fund means the affordable housing fund created and established by the Housing Development Fund in accordance with §31-18-20d of this code.

Affordable Housing Fund means financial contributions collected from development projects under requirements introduced through the City’s Affordable Housing Strategy (adopted in April 2018);

Affordable Housing Fund means the affordable housing fund established and maintained by the Agency in accordance with Health and Safety Code Sections 33334.2 and 33334.3.

Affordable Housing Fund means a fund established and administered by the city, containing in-lieu fees and other funds held and used exclusively to increase and improve the supply of affordable housing.

Affordable Housing Fund means a fund established by the Municipality for the purpose of reducing the cost of housing for Eligible Purchasers or for the purpose of encouraging, creating, or subsidizing the construction or rehabilitation of housing for Eligible Purchasers or, if no such fund exists, a fund established by the Municipality pursuant to Massachusetts General Laws Chapter 44 Section 53A, et seq.