Affordable Housing Units definition

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 Units as used in Schedule P shall mean and include “Inclusionary Housing Units.”

Affordable Housing Units means the Owner’s affordable housing commitments contained in the XXXX.

Examples of Affordable Housing Units in a sentence

• All Affordable Housing Units must be dispersed evenly throughout the development.

• The exterior of Affordable Housing Units must be indistinguishable from the market-rate units in terms of design, appearance, materials, and quality of construction.

• Affordable Housing Units must be constructed at a proportion of one (1) affordable unit for every five (5) Market Rate Units.

• Each Phase of the Project shall have no few than the number of Affordable Housing Units allocated to it in in the table below.

• During the Affordability Period, Owner shall maintain the Project and the improvements thereon in compliance with all applicable laws and maintain the Affordable Housing Units in reasonably good, habitable condition; provided, that a casualty or condemnation event shall not be deemed a violation of such covenant.

More Definitions of Affordable Housing Units

Affordable Housing Units means permanent housing that is affordable to low-and moderate-income households, such that the new housing achieves income averaging at or below fifty percent of the area median income, with residents’ eligibility capped at a maximum of eighty percent of the area median income at the start of their lease.

Affordable Housing Units means those Dwellings permitted as part of the Development which are to be provided as Affordable Housing to Qualifying Persons in accordance with paragraphs 1 and 2 of Part I of Schedule Two;

Affordable Housing Units means 20 single-family dwellings, each constructed on a Strata Lot, in respect of which the tenure, rental, and occupancy are restricted in accordance with sections 3 through 7 of this Agreement;

Affordable Housing Units means any Housing Unit which is being provided as Affordable Housing and falling within any of the categories of Affordable Housing Tenure;

Affordable Housing Units means [x] of Affordable Housing provided within the Development of which [ ] shall be Social Rented Units and [ ] shall be Intermediate Units

Affordable Housing Units means a minimum of 25% of the Housing Units to be constructed on the Affordable Housing Land as Affordable Housing which shall be more particularly detailed in the Approved Affordable Housing Plan (and if this does not result in a whole number then the number shall be rounded up)

Affordable Housing Units means those Dwellings within the Development which are to be provided as Affordable Housing comprising Affordable Rented Housing Units and “Affordable Housing Unit” shall be construed accordingly