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.

• Zoning tools for creating deed-restricted middle-income housing Inclusionary development ordinancesInclusionary zoning is a tool through which developments above a certain size are required to include a certain number of affordable units.

• Inclusionary development on parcels within the Township’s approved sewer ser- vice area would be compatible in many of those districts, excepted as noted below.

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

• Townhouse style buildings are also permitted in an Inclusionary development.

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 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 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 has the meaning given in the IZ Implementation