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

• The City shall only use aggregate data when publicly referring to Affordable Purchasers and Affordable Housing Units, and shall not publicly identify any Affordable Purchasers by name or address, unless the Recipient otherwise consents to same or the City is required to do so by Applicable Laws.

• Developer acknowledges the existing shortage of 3-bedroom units, and Developer will ensure at least [20]% of the Affordable Housing Units will be 3-bedroom units… Developer further voluntarily agrees that an additional [4]% of the residential units within the development shall be set aside for households earning between [61% and 80%], and an additional [4]% of the residential units within the development shall be set aside for households earning between [81% and 120]%.

• At the date of this Affordable Inventory Certificate, the undersigned hereby certifies that it has made reasonable commercial efforts to be in compliance with its obligations under the Contribution Agreement to sell the Affordable Housing Units to Affordable Purchasers and to prioritize Brampton residents and families with respect to same.

• The Recipient shall submit to the City, within thirty (30) days of Project Completion Date, an updated copy of the certificate in Schedule “E” outlining the Affordable Purchasers who have closed on the Affordable Housing Units and indicating those who are Brampton residents.

• Each of the Affordable Housing Units identified in paragraph 1 hereof is presently or will be owned by the Affordable Purchasers identified in paragraph and to the best of the undersigned’s knowledge, will be occupied by the Affordable Purchasers as its primary place of residence.

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 dwelling units for EWS and LIG households only;