Affordable Housing Unit definition

Affordable Housing Unit means any residential building or dwelling unit that has received federal,

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% of area medianincome, as 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 Unit means a unit of housing that is affordable to individuals and families with annual incomes of one hundred percent (100%) or less of Area Median Income within Grand County as calculated by HUD.

Examples of Affordable Housing Unit in a sentence

• If the COP or DTHP certificate holder is found eligible for an Affordable Housing Unit in the building, they shall be placed at the top of the waitlist list, immediately after any other COP and DTHP Certificate Holders already on the waiting list.

• Each Affordable Housing Unit created in accordance with this Section shall have limitations governing its resale through the use of an Affordable Housing Restriction.

• In a Milton Village Mixed-use Planned Unit Development with property frontage on Adams Street, a bonus of additional allowable building height may be granted at the discretion of the Planning Board in exchange for district benefits in the form of only one of the following three bonus incentive options: District Improvement Incentive, Affordable Housing Unit Incentive, or Historic Preservation Incentive.

• Pre-existing legal housing stock (no non-conforming pre-existing structures shall be allowed in this definition) located in Bolton that is not under affordable guidelines that has been renovated to current State Building Codes and Bolton Board of Health Rules and Regulations as may be required for the purpose of use as an Affordable Housing Unit.

• Once such Affordable Housing Units are built, the units will be exempt from the Special Tax unless and until the deed restriction that qualified the unit as an Affordable Housing Unit is removed.

More Definitions of Affordable Housing Unit

Affordable Housing Unit means a residential dwelling unit, offered for sale or rent, as applicable, which is Affordable to those in the AMI ranges specified in the Affordable Housing Table.

Affordable Housing Unit means any residential dwelling unit for which the purchase price is at least 25% less than the average purchase price for the same type of residential dwelling unit in the County of Peterborough and any residential dwelling unit where the monthly rent is at or below the maximum affordable monthly rent amount established by the Residential Rental Standards Board for the Province of Ontario;

Affordable Housing Unit means in respect of the units in the Project,

Affordable Housing Unit means any single detached dwelling with more than two bedrooms for which the purchase price is at least 25% less than the average purchase price for a single detached dwelling in the Municipality of South Huron;

Affordable Housing Unit means a unit of Affordable Housing constructed or to be constructed by the Developer on the Site and Affordable Housing Units shall be construed accordingly.

Affordable Housing Unit means a Dwelling Unit or Dwelling Units designated as such in accordance with a building permit and/or development permit issued by the City and/or, if applicable, in accordance with any rezoning consideration applicable to the development on the Lands and includes, without limiting the generality of the foregoing, the Dwelling Unit charged by this Agreement;

Affordable Housing Unit means each unit of Affordable Housing to be constructed on the property pursuant to the Planning Permission and which in total shall comprise 3 (three) Affordable Housing Units of which all shall be Shared Ownership Housing units.