Examples of Elderly Housing in a sentence
The Congregate Elderly Housing Fund accounts for the operation of a 45 unit subsidized elderly housing complex.
Developments that receive points for Elderly Housing are not eligible for these points.
For example, the Maximum Total Development Cost of an Elderly Housing Project that involves the conversion of an existing historic school into 10 units plus the construction of a new addition containing 10 units is $240,000 per unit, which is 50% of the $265,000 Maximum Total Development Cost for Adaptive Reuse plus 50% of the $215,000 Maximum Total Development Cost for the new construction of Elderly Housing.
Elderly Housing Project means a project that conforms to the Fair Housing Act, as amended, and: A.
Replacement reserve levels must be shown in the operating budget at the minimum of $250 per unit per year for Elderly Housing (new construction projects only) and $300 per unit per year for all other new construction and rehabilitation projects.