Inclusionary development definition

Inclusionary development means a development containing both affordable units and market rate units. This term includes, but is not necessarily limited to: new construction, the conversion of a non-residential structure to residential and the creation of new affordable units through the reconstruction of a vacant residential structure.

Inclusionary development means a residential housing development in which a substantial percentage of the housing units are provided for a reasonable income range of low and moderate income households.

Inclusionary development means a development containing both affordable units and market rate units. Inclusionary developments must have a twenty (20) percent set aside of affordable units if the development has five or more units and is a for-sale project, or a fifteen (15) percent set-aside if the development is a rental project. This term includes, but is not necessarily limited to: new construction, the conversion of a non-residential structure to residential and the creation of new affordable units through the reconstruction of a vacant residential structure.

Examples of Inclusionary development in a sentence

• Inclusionary development, or 20% of the total market rate housing units or 2.5% of the equalized assessed value of non-residential development, shall be permitted to accommodate persons of low and moderate income.

• Inclusionary development policies” (IDP) require that a percentage of units created by new development be affordable to low- or moderate-income residents.

• KMA has defined sufficient benefits to mean incentives that mitigate the financial impact created by the affordable housing requirements.The Density Bonus + Inclusionary development scenarios are presented in the following Appendices:1.

• The delivery options available to a Customer for the new connections infrastructure they require, including self-lay, Requisition from the Water Company, or the use of New Appointments and Variations (“NAVs”) are outlined on Ofwat’s website:https://www.ofwat.gov.uk/regulated-companies/markets/connections-market/.

• Inclusionary development in nearby towns and throughout the county and state is currently being proposed at 20 or more units per acre.

More Definitions of Inclusionary development

Inclusionary development means a residential housing

Inclusionary development means a development containing both affordable units and market rate units. Inclusionary developments must have a twenty percent set aside of affordable units if the development has five or more units. This term includes, but is not necessarily limited to: new construction, the conversion of a non- residential structure to residential and the creation of new affordable units through the reconstruction of a vacant residential structure.

Inclusionary development means a development containing both affordable and market-rate units.

Inclusionary development means a development containing both affordable units and market rate units. Inclusionary developments that has five or more units must have a minimum twenty percent set aside of affordable units if it is for sale and a minimum fifteen percent set aside for rentals. This term includes, but is not necessarily limited to: new construction, the conversion of a non-residential structure to residential and the creation of new affordable units through the reconstruction of a vacant residential structure.

Inclusionary development means a development containing a number of low and moderate income units, as required pursuant to local inclusionary zoning ordinance, affordable housing overlay, or redevelopment area plan. This term includes, but is not limited to, new construction, the conversion of a non- residential structure to a residential structure and the creation of new low and moderate income units through the gut rehabilitation of a vacant residential structure.

Inclusionary development means a market rate residential housing development [in which a substantial percentage of the housing units are provided for a reasonable income range of] that includes units set-aside as housing affordable to low and moderate income households.

Inclusionary development has the meaning given in the IZ Implementation Regulations.