Attainable Housing definition
Attainable Housing means a dwelling that has a base sales price determined to be available for purchase to an individual or household earning between 70%-100% of the Median Household Income as established by the U.S. Census Bureau as updated annually on September 1 of each year.
Attainable Housing means a unit that meets the definition of attainable ownership housing set out by the Province through an attainable housing program or agreement with the Province, or meets the definition of an attainable residential unit as defined in section 4.1 of the Development Charges Act, 1997.
Attainable Housing means an ownership or rental housing option that is affordable to households earning up to $95,891 per year, for which the sale price is at or below $499,440 for ownership options, and for which the rental rates are at $2,400 per month or below for rental options, with this household salary scale, purchase price level, and rental rate currently based on the
Examples of Attainable Housing in a sentence
Table B and Table C shall not qualify for Attainable Housing Reductions.
For those units that may qualify for Attainable Housing Reductions, the Owner, or authorized agent, shall pay the Table A City Development Fees upon the issuance of a building permit.
Council review of Off-Site Levy fee, if Attainable Housing is Proposed: [MONTH] [DAY] 20[YR].
Following completion of an Attainable Housing Strategy in 2004, the THC was established, and developed a Local Area Plan (LAP) for the site from 2006-2008; this was incorporated into the OCP.
The Developer agrees that the City shall have the right to enforce the provisions of the County Agreement as to Attainable Housing.
More Definitions of Attainable Housing
Attainable Housing means affordable housing or workforce development housing.
Attainable Housing means homes that are on the market to sell for or have sold for a price that allows for only 15-20% of the Taber’s Average Total Household Income, as determined by Statistics Canada, to be spent on mortgage payments with a minimum down payment of 5% of the price of the house.
Attainable Housing means rental units or other housing options that are reasonably affordable to, and occupied by, a household whose total household income is not greater than 120%1 of the area median income published by the United States Department of Housing and Urban Development.
Attainable Housing means a residential dwelling unit that is restricted to occupancy by a person or persons with annual income(s) at or below either 60% or 40% of the area median income (AMI) for Douglas County, as defined by the U.S. Department of Housing and Urban Development, for a period of thirty (30) years.
Attainable Housing means housing that is affordable to those households earning 81% to 120% of the Area Median Income (AMI). Area median income eligibility for attainable housing programs and incentives will be defined by income limits per household size that meet the maximum housing payments established by HUD, Florida Housing Finance or local policy.
Attainable Housing means an ownership or rental housing option that is affordable to households earning up to $95,891 per year, for which the sale price is at or below $499,440 for ownership options, and for which the rental rates are at $2,400 per month or below for rental options, with this household salary scale, purchase price level, and rental rate currently based on the City’s housing strategy prepared by Dillon Consulting and endorsed by Council on March 22, 2022, being subject to updates from time to time in accordance with updates to the City’s housing strategy and as otherwise permitted at law for the rental rate;
Attainable Housing means housing units that are affordable for households earning 80-120% of the area median income for the Boulder-Longmont area (based on information published by the United States Department of Housing and Urban Development).