Housing Subsidy definition

Housing Subsidy means any portion of a rental
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Housing Subsidy. Program shall mean any other state or federal housing subsidy program providing rental or other subsidy to the Development. HUD shall mean the United States Department of Housing and Urban Development. Lender shall mean the Construction Lender and/or the Permanent Lender.
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Housing Subsidy. Program shall mean any other state or federal housing subsidy program providing rental or other subsidy to the Development or to Low or Moderate Income Tenants. HUD shall mean the United States Department of Housing and Urban Development. Lender shall mean the Construction Lender and/or the Permanent Lender. Low or Moderate Income Persons or Families shall mean persons or Families whose Annual Incomes do not exceed eighty percent (80%) of the Median Income for the Area, and shall also mean persons or Families meeting such lower income requirements as may be required under the Comprehensive Permit. Low or Moderate Income Tenants shall mean Low or Moderate Income Persons or Families who occupy the Affordable Units.
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Examples of Housing Subsidy in a sentence

  • The foregoing provisions shall not relieve Developer of any obligations it may have under the provisions of other documents and instruments it has entered with respect to any applicable Housing Subsidy Program; provided, however, DHCD shall have no obligation hereunder, expressed or implied, to monitor or enforce the applicable requirements of any such Housing Subsidy Programs.


More Definitions of Housing Subsidy

Housing Subsidy means any portion of a rental payment that is derived from a public or private assistance, grant, or loan program and
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Housing Subsidy means a state-funded subsidy provided by the Department of Intellectual and Developmental Disabilities prior to September 1, 2007, to assist individuals who received Supported Living services with making lease, rent, or mortgage payments.
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Housing Subsidy means the subsidy Dampier Salt provides to its employees who occupy Private housing.
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Housing Subsidy means a payment to a Housing Provider by the Contractor of the Housing costs of an Eligible Consumer, subject to the Maximum Subsidy allowed under this Contract. Housing Subsidies under this Contract may be combined with other housing bridge subsidies (deposits, application fees, etc.) that are available to the Eligible Consumer, but may not duplicate any such subsidies.
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Related to Housing Subsidy

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

  • housing benefit means housing benefit under Part 7 of the SSCBA;

  • Housing means residential housing including dwellings and other forms of residential accommodation;

  • Housing Provider means, with respect to a HOME Development, Local Government, consortia approved by HUD under 24 CFR Part 92, for-profit and Non-Profit Developers, and qualified CHDOs, with demonstrated capacity to construct or rehabilitate affordable housing.

  • Family day care home means a unit registered under Title 5, Subtitle 5 of the Family Law Article.

  • 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.

  • 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.

  • Housing Act means the United States Housing Act of 1937, as amended, or its successor.

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

  • 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.