Affordable Housing Funder definition

Affordable Housing Funder means BC Housing, Canada Mortgage and Housing Corporation or other agency that provides a grant or preferential rate loan to support the development of Affordable Housing Units on the Lands;
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Affordable Housing Funder means an institution or agency who provides a grant or preferential rate loan to support the development of Dwelling on the Land;
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Affordable Housing Funder means an institution or agency who provides a grant or preferential rate loan to support the development of Affordable Rental Housing on the Land.
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Examples of Affordable Housing Funder in a sentence

  • The Local Trust Committee may request that Affordable Housing Funder modify the terms of the Operating Agreement so that its terms do not conflict with sections 2.3 and2.4 of this Agreement.

  • GHS can only provide Affordable Market Units in partnership with an Affordable Housing Funder.

  • Notwithstanding anything to the contrary contained in this Agreement, if there are no Qualified Persons as herein defined nor any persons as defined by clause 4 or 5 prepared to rent an Affordable Rental Housing unit then the unit may be occupied by any person, provided that the Affordable Rental Housing unit is rented or leased in accordance with all other requirements of this Agreement and any maximum income or other eligibility requirements stipulated by an Affordable Housing Funder.

  • The Owner agrees that any dwelling unit on the Land may only be used as a permanent residence occupied by one or more Qualified Persons or persons as defined by agreement with an Affordable Housing Funder, and by one or more additional persons who are not Qualified Persons but who are residing with the Qualified Person(s) in a single domestic unit and related by blood, marriage or other spousal relationship, adoption, or foster parenthood.

  • By the definition of Affordable Housing Funder in the Housing Agreement this means BC Housing, CMHC or other agency that provides a grant or preferential rate loan to support the development of Affordable Housing Units on the Land.

Related to Affordable Housing Funder

  • Affordable housing means housing that is available at a cost low enough to meet the needs of eligible households having regard to local incomes and local house prices and which will remain at an affordable price for future eligible households or, if not, that the subsidy is recycled for alternative affordable housing provision

  • 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 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 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 Cost means an amount satisfied by:

  • 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 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.

  • Residential housing or "Residence" means a single-family, owner-occupied dwelling located within the State that qualifies for financing by the Authority within the meaning of the Act, the Rules and Regulations, the Code and related regulations.

  • Affordable Units means units that have rents that do not

  • 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.

  • 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.

  • Affordable development means a housing development all or a portion of which consists of restricted units.

  • Elderly Housing means housing intended for and only occupied by Elderly persons, including a family in which all members are Elderly. All household members must be Elderly (no children, and no disabled persons under the age of 62).

  • Housing Provider means, with respect to a HOME Development, Local Government, consortia approved by HUD under 24 CFR Part 92, for-profit and Non-Profit Developers, and qualified CHDOs, with demonstrated capacity to construct or rehabilitate affordable housing.

  • Fannie Mae The Federal National Mortgage Association, or any successor xxxxxto.

  • Mutual housing corporation means a corporation not-for-profit,

  • Orthodontic means a type of specialist dental treatment carried out by an orthodontist that diagnoses, prevents and corrects mispositioned teeth and jaws and misaligned bite patterns.

  • Multifamily housing means housing accommodations designed as a residence for more than 1 family.

  • Community rehabilitation program means a program that provides directly or facilitates the provision of one or more of the following vocational rehabilitation services to individuals with disabilities to enable those individuals to maximize their opportunities for employment, including career advancement:

  • Housing assistance means appropriate referrals by the

  • Educational loan means a loan made by the authority to an institution.

  • Apartment Dwelling means any dwelling unit within a building containing more than four dwelling units where the units are connected by an interior corridor;

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

  • Community mental health program means all mental health

  • Residential means that the Premises where the Service is installed are used wholly: