Affordable Housing Funds definition

Affordable Housing Funds means any or all funds awarded or to be awarded, loaned or otherwise distributed under the Act.
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Affordable Housing Funds means any or all funds awarded or to be awarded, loaned or otherwise distributed under the Act, which includes any reduction or abatement of taxes or fees that would otherwise be imposed in full on a market-rate project.
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Affordable Housing Funds has the meaning set forth in Paragraph G of the Recitals.
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Examples of Affordable Housing Funds in a sentence

  • Developer's actions with respect to the Property shall at all times be in full conformity with: (i) all requirements of the County Documents; (ii) all requirements imposed on projects assisted with Affordable Housing Funds as contained in the Community Redevelopment Law; and (iii) any other regulatory requirements imposed on the Development.


More Definitions of Affordable Housing Funds

Affordable Housing Funds means any or all funds awarded or to be
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Affordable Housing Funds. As required by Utah Code, Agency shall use 10% of collected funds for Affordable Housing. District, Agency and County shall work collectively to adopt a program for the use of the Affordable Housing Funds collected with a stated preference for a program that primarily targets use by District teachers.
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Related to Affordable Housing Funds

  • 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 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 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.

  • 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.

  • Underlying Funds means open-end investment companies registered under the 1940 Act within the ING fund complex. The term, “fund complex” shall have the same meaning as defined in Item 17 of Form N-1A, as it was in effect on May 7, 2013.

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

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