Employee Housing Unit definition

Employee Housing Unit means a unit occupied by an Employee and is restricted in a manner described in Subsection 2.6.A.
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Employee Housing Unit is each residential dwelling unit in the Project that is designated for occupancy by (or are reserved for occupancy by) a residential tenant household where at least one person of that household is a full time employee (30+ hours per week) primarily providing services with respect to and for the Project. Tenant may designate up to two (2) dwelling units as Employee Housing Units.
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Employee Housing Unit means any Residential Site, or any portion of any other Site, that is restricted to use as housing for:
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Examples of Employee Housing Unit in a sentence

  • Minimum lottery participation criteria and basic eligibility includes: • Completed and signed a Resale Lottery Application Form • A pre-qualification letter from a mortgage lender demonstrating financial ability to purchase the Employee Housing Unit, if selected • Verification of successful completion of a Town of Vail approved homebuyer education class or signed acknowledgement of intent to do so within six months of the resale lottery drawing date.

  • An owner may desire to sell a deed-restricted for-sale employee housing unit (Employee Housing Unit) provided that the resale price and prospective purchaser meet the standards of the Guidelines and the Master Deed Restriction.

  • The purchased Employee Housing Unit must be owner occupied by: An employee, working in Eagle County, who works an average of thirty (30) hours per week on an annual basis.

  • The Employee Housing Unit shall be listed for resale with the Town of Vail.

  • Once an Employee Housing Unit has been purchased, it must continue to be occupied in a manner that is consistent with the goals and policies of the Town of Vail Housing Program, the terms of the recorded deed restriction, Employee Housing Guidelines and Master Deed Restriction.

  • Additional information pertaining to Employee Housing Unit deed restrictions can be found in the applicable Master Deed Restriction Agreement (Master Deed Restriction) for the occupancy and resale of certain developments such as Vail Commons, North Trail Townhomes, Chamonix Vail Community, Arosa Duplex and Red Sandstone Creek Townhomes.

  • Any misrepresentation by an applicant in submittal material shall disqualify the applicant from purchasing an Employee Housing Unit.

  • Once an Employee Housing Unit is listed for resale with the Town, the Town, at a minimum, will arrange to advertise the unit for sale in two (2) consecutive Friday editions of the Vail Daily and on the Town’s Housing Department webpage.

  • The resale lottery drawing will be conducted within sixteen (16) business days of the Employee Housing Unit being advertised for sale.

  • Additional information pertaining to Employee Housing Unit deed restrictions can be found in the applicable Master Deed Restriction Agreement (Master Deed Restriction) for the occupancy and resale of certain projects such as Vail Commons.


More Definitions of Employee Housing Unit

Employee Housing Unit means the Employee Apartments, the Employee Dorms and associated Employee Amenities that are necessary for operation of the employee housing in the Project. The Employee Housing Unit will be condominiumized pursuant to the Project Condominium Documents as one CCIOA Condominium Unit and encumbered by the Employee Housing Restriction.
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Employee Housing Unit means the Employee Apartments, the Employee Dorms and associated shared kitchen, recreational facilities and laundry facilities and similar areas of the Project that are necessary for operation of the employee housing in the Project. The Employee Housing Unit will be condominiumized pursuant to the Project Condominium Documents as one CCIOA Condominium Unit and encumbered by the Employee Housing Restriction (as defined in the Project Development Agreement).
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Related to Employee Housing Unit

  • 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 Unit means a rental unit in an affordable housing building that rents for an amount that is affordable to households at or below 60% of area medianincome, as most recently determined by the United States Department of Housing and Urban Development for the Minneapolis-St. Paul-Bloomington, Minnesota-Wisconsin Metropolitan Statistical Area, as adjusted for household size and number of bedrooms.

  • Housing Unit is either a Presold Unit, a Spec Unit or a Model Unit.

  • Non-profit housing development means development of a building or structure intended for use as residential premises by,

  • Affordable housing development means a development included in the Housing Element and Fair Share Plan, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100 percent affordable development.

  • Affordable housing project means, for purposes of this part, title fourteen of article twenty seven of the environmental conservation law and section twenty-one of the tax law only, a project that is developed for residential use or mixed residential use that must include affordable residential rental units and/or affordable home ownership units.

  • Supportive housing means housing with no limit on length of stay, that is occupied by the target population, and that is linked to an onsite or offsite service that assists the supportive housing resident in retaining the housing, improving his or her health status, and maximizing his or her ability to live and, when possible, work in the community.

  • Affordable housing program(s means any mechanism in a municipal Fair Share Plan prepared or implemented to address a municipality’s fair share obligation.

  • Housing project means a project, or distinct portion of a

  • Workforce housing means housing for sale or rent with combined rental costs

  • Deficient housing unit means a housing unit with health and safety code violations that require the repair or replacement of a major system. A major system includes weatherization, roofing, plumbing (including wells), heating, electricity, sanitary plumbing (including septic systems), lead paint abatement and/or load bearing structural systems.

  • Housing development as used in this section, means a development project for five or more residential units, including mixed-use developments. For the purposes of this section, “housing development” also includes a subdivision or common interest development, as defined in Section 4100 of the Civil Code, approved by a city, county, or city and county and consists of residential units or unimproved residential lots and either a project to substantially rehabilitate and convert an existing commercial building to residential use or the substantial rehabilitation of an existing multifamily dwelling, as defined in subdivision (d) of Section 65863.4, where the result of the rehabilitation would be a net increase in available residential units. For the purpose of calculating a density bonus, the residential units shall be on contiguous sites that are the subject of one development application, but do not have to be based upon individual subdivision maps or parcels. The density bonus shall be permitted in geographic areas of the housing development other than the areas where the units for the lower income households are located.

  • Black People is a generic term which means Africans, Coloureds and Indians;

  • Moderate income housing means housing affordable,

  • Plan for moderate income housing means a written document adopted by

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Mutual housing corporation means a corporation not-for-profit,

  • Residential Dwelling Unit means any portion of a building that contains living facilities, including a room or rooms in a facility that have shared cooking, bathing, toilet, or laundry facilities such as dormitories, shelters, assisted living facilities, and boarding homes. "Residential dwelling unit" also means facilities that include provisions for sleeping, cooking, bathing, and toilet facilities for one or more persons and are used for extended stays, such as time-shares and extended-stay motels. "Residential dwelling unit" does not mean a guest room in a motel or hotel.

  • Multifamily housing means housing accommodations designed as a residence for more than 1 family.

  • Residential housing or "Residence" means a single-family, owner-occupied dwelling located within the State that qualifies for financing by the Authority within the meaning of the Act, the Rules and Regulations, the Code and related regulations.

  • Michigan state housing development authority means the public body corporate and politic created by Section 21 of the State Housing Development Authority Act of 1966, 1966 PA 346, MCL 125.1421.