Affordable Housing Set Aside Policy definition

Affordable Housing Set Aside Policy means the policy adopted by Council on October 25, 2006 as Ordinance 180547, amended on November 16, 2011 by Ordinance 185007 and further amended on October 28, 2015 by ordinance 187415, allocating 45% of new tax increment funds to affordable housing, as such policy may be further amended from time to time by Council.
Sample 1Sample 2Sample 3
Affordable Housing Set Aside Policy means the policy adopted by Council on October 25, 2006 as Ordinance 180547 and amended on November 16, 2011 by Ordinance 185007, allocating 30% of urban renewal funds to affordable housing, as such policy may be further amended from time to time by Council.
Sample 1Sample 2
Affordable Housing Set Aside Policy means the policy adopted by the City Council on October 25, 2006 as Ordinance 180547 and amended on November 16, 2011 by Ordinance 185007, allocating 30% of urban renewal funds to affordable housing, as such policy may be further amended from time to time by the City Council. Effective Date means July 1, 2012.
Sample 1

Examples of Affordable Housing Set Aside Policy in a sentence

  • PHB shall be responsible for satisfying the requirements of the Affordable Housing Set Aside Policy.

  • PHB shall select, plan and implement Affordable Set-Aside Housing Projects in the City’s urban renewal areas consistent with the urban renewal objectives, as reflected in the relevant urban renewal plans and the City’s Affordable Housing Set Aside Policy, subject to the requirements of applicable law, including ORS Chapter 457.

Related to Affordable Housing Set Aside Policy

  • 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 means, unless the context clearly

  • 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 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 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.

  • 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.

  • Multi-family housing means a building or structure that is designed to house two (2) or more different households in separate housing Units which have full kitchen facilities including oven/range, refrigerator, kitchen sink with hot and cold water supply and food storage facilities and at least one (1) full bathroom facility(s), one (1) full bedroom and one (1) living area (including a combination thereof such as studio arrangements).

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

  • 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.

  • Housing assistance means appropriate referrals by the

  • Rehabilitation Program means a written vocational rehabilitation program:

  • Community Association Dues, Fees, and Assessments means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization.