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Housing Cost definition

Housing Cost means the sum of actual or projected monthly payments for all of the following associated with for-sale target units: principal and interest on a mortgage loan, including any loan insurance fees, property taxes and assessments, fire and casualty insurance, property maintenance and repairs, homeowner association fees, and a reasonable allowance for utilities. Adjustments should be made as necessary for down payment assistance.
Housing Cost means:
Housing Cost means (a) the total monthly payments for rent and Utilities for Rental Affordable Units and (b) the total monthly mortgage payments, property tax, hazard insurance, if applicable, and condominium or homeowner fees for For Sale Affordable Units.

Examples of Housing Cost in a sentence

  • Housing Cost (Mortgage/Rent) $ Asset Amount (List all liquid assets) A.

  • The applicability of further restrictions of this Agreement remains unaffected by this.

  • Attachment C, the Housing Cost Estimate Worksheet, may be helpful.

  • Provide, for each housing project, the calculations on which the budget estimate is based, using Exhibit FH-1, the “Tri-Service Family Housing Cost Model”.

  • The Housing Cost is determined by calculating the monthly mortgage payments using the actual terms of the Household’s approved mortgage, and adding all applicable property taxes, homeownership or condominium fees, and hazard insurance.


More Definitions of Housing Cost

Housing Cost means the sum of actual or projected monthly payments for all of the following associated with for-sale Target Units: principal and interest on a mortgage loan, including any loan insurance fees, property taxes and assessments, fire and casualty insurance, property maintenance and repairs, homeowner association fees, and reasonable allowance for utilities.
Housing Cost means home purchasers’ total housing cost including mortgage expenses, taxes and insurance, homeowner association dues, utilities, and an allowance for maintenance and repairs
Housing Cost means the sum of actual or projected monthly payments for all of the following associated with for-sale target units: principal and interest on a mortgage loan, property taxes and assessments, fire and casualty insurance, and homeowner association fees.
Housing Cost means the sum of actual or projected monthly payments for all of the following associated with for-sale target units:
Housing Cost means, in the case of a rental unit, the cost of rent plus any utilities (electric, gas, water, sewer, and/or trash) that the household pays separate from the rent. Housing cost means, in the case of an ownership unit, the cost of principal, interest, property taxes (including assessments), private mortgage insurance, and homeowner’s insurance.
Housing Cost of a person or family purchasing an Assisted Unit shall be calculated in accordance with the provisions of California Code of Regulation, Title 25, Section 6910, et. seq., as amended from time to time, which as of the date hereof include all of the following associated with that Assisted Unit:
Housing Cost means the monthly mortgage payment (principal and interest), property taxes, owners' association dues, and owner's insurance.