Affordable Residential Unit definition

Affordable Residential Unit means a Residential Unit that meets the criteria set out in subsection 4.1 of the Act;
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Affordable Residential Unit means a residential unit that meets the criteria set out in subsection (2) or (3); (“unité d’habitation abordable”)
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Affordable Residential Unit means a residential unit that that meets the criteria set out in section 4.1 of the Act.
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Examples of Affordable Residential Unit in a sentence

  • On or before the ninetieth (90th) day prior to the expiration date of such lease, Owner shall designate the next available Residential Unit of comparable size within the Residential Project as a replacement For-Rent Affordable Residential Unit, using commercially reasonable efforts to match the distribution of For-Rent Affordable Residential Units and Market Rate Housing Units shown on Attachment A-l.

  • Owner shall keep the household that no longer qualifies for low-income housing reasonably informed of the Owner’s attempts to obtain a replacement For-Rent Affordable Residential Unit.

  • The lease term for each For-Rent Affordable Residential Unit shall be renewable annually only upon the completion of the Income Certification process described in Section 4.

  • Thereafter, the For-Rent Affordable Residential Unit shall be rented to a low-income household, subject to this Declaration, the Agreement and the Program.

  • The For-Rent Affordable Residential Units shall remain available at Affordable Rents for a continuous period of ninety (90) years after the initial lease of each For-Rent Affordable Residential Unit.


More Definitions of Affordable Residential Unit

Affordable Residential Unit means a Dwelling Unit that meets the criteria set out in subsection 4.1 (2) or 4.1(3) of the Development Charges Act, 1997, c.27 as amended;
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Affordable Residential Unit means a residential unit that meets the criteria set out in subsection
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Affordable Residential Unit means a residential unit that meets the criteria set out in subsection 4.1 of the Development Charges Act, 1997;
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Affordable Residential Unit means a residential unit that meets the definition of an “affordable residential unit” as defined in the Development Charges Act, 1997.
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Affordable Residential Unit means an affordable residential unit as defined in Section 4.1 of the Development Charges Act, 1997, S.O. 1997, c.27 as amended, or any successor thereto.
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Affordable Residential Unit means a residential unity that meets the criteria set out in Subsection 4.1(2) or 4.1(3) of the Act;
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Affordable Residential Unit means an affordable residential unit as defined in Section 4.1 of the Development Charges Act, 1997, S.O. 1997, c.27 as amended, or any successor thereto.
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