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.
Affordable Housing Unit means any residential building or dwelling unit that has received federal,
Examples of Affordable Housing Unit in a sentence
The works to construct and fitout an Affordable Housing Unit must be carried out in accordance with the Construction Terms.
Before commencing construction of any of the Affordable Housing Units, the Developer will provide council with details of the design and specification for each Affordable Housing Unit.
Left: 1.93 cm, Don't add space between paragraphs of the same style, No bullets or numbering "Open Market Dwelling" Any Dwelling that is not Affordable Housing Unit and "Open Market Dwellings" shall be construed accordingly.
Affordable Rent for the Affordable Housing Unit will be determined at the time of entering into a Tenancy Agreement.
The Affordable Housing Unit must be designed and constructed to meet the specifications in Schedule 8.
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 a studio, 1 bedroom, 2 bedroom or 3 bedroom Dwelling Unit on the Lands in respect of which the construction, tenure, rental and occupancy are restricted in accordance with sections b through e of this Agreement;
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 Dwelling constructed pursuant to the Planning Permission as Affordable Housing
Affordable Housing Unit means a for-sale or rental dwelling unit affordable to households with extremely low, very low, low, or moderate incomes as published periodically by HCD for households in Santa Clara County or equivalent as approved by the community development director. Calculations for the required affordable housing resulting in fractional units shall be rounded up to the next whole number.
Affordable Housing Unit means any Residential Unit on a Parcel of Developed Property for which a deed restriction has been recorded on title of the property that limits the rental rate or sales price or otherwise restricts the affordability of the Residential Unit or income of its occupants. It is incumbent upon the builder, developer, or property owner to make the Administrator aware of such deed restriction.