Affordable Housing TIF definition

Affordable Housing TIF means an affordable housing development district and development program approved by MaineHousing pursuant to MaineHousing’s Affordable Housing Tax Increment Financing Program, 30-A M.R.S.A., Chapter 206, Subchapter 3 and the Act, as may be amended.
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Affordable Housing TIF means an affordable housing development district and program approved by MaineHousing pursuant to MaineHousing’s Affordable Housing Tax Increment Financing Program and the Act.
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Examples of Affordable Housing TIF in a sentence

  • Affordable Housing TIF (AHTIF) may be designated on an area wide or site specific basis.

  • Associate member dues shall be payable on an annual basis established by the date of their intial membership.

  • Affordable Housing TIF) Duration: 30 year term (FY08 through FY37)Percentages: Various percentages captured value to return to Developer based on Maine State Housing Authority Certificate of Approval, to a maximum of $22,000 annual cap.

  • Duration: 22 year term (FY14 through FY35)Percentage: 50% to Developer; 50% to City Housing Affordable Housing Revolving Loan Fund Location: 409 Cumberland Avenue This Affordable Housing TIF District supports the development of 46 affordable units and 11 market rate units of rental housing.

  • This Affordable Housing TIF District supports the development of an 18-unit residential rental project.

  • A minimum of $500,000 in new taxable investment property value for affordable housing development is needed to qualify for an Affordable Housing TIF.

  • Funding made possible by an Affordable Housing TIF will not be eligible for consideration under this subsection unless a complete application for the Affordable Housing TIF that complies with the laws governing Affordable Housing TIFs is submitted to MaineHousing at least 45 days prior to the deadline for Applications for the applicable Credit round.

  • Funding made possible by an Affordable Housing TIF will not be eligible for consideration under this subsection unless a complete application for the Affordable Housing TIF that complies with the laws governing Affordable Housing TIFs is submitted to MaineHousing by September 12, 2016.

  • In this paper, we investigate the feasibility of writing Julia codes for computational physics simulations, since a Julia program can not only ensure high performance but also less development time in the initial stages.

  • Funding made possible by an Affordable Housing TIF will not be eligible for consideration under this subsection if a complete application for the Affordable Housing TIF is submitted to MaineHousing less than 45 days prior to the deadline for Applications for the applicable Credit round.

Related to Affordable Housing TIF

  • Affordable housing means either of the following:

  • 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 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.

  • 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.

  • Housing assistance means appropriate referrals by the

  • Residential real estate means any real property located in this state, upon which is constructed or intended to be constructed a dwelling;

  • Family or “family member” means your spouse, and any child, stepchild, parent, or parent-in-law who receives more than one-half of his or her support from you or from whom you receive more than one-half of your support.