Intermediate Affordable Housing definition

Intermediate Affordable Housing shall have the meaning which is defined in Annex B of the version of Planning Policy Statement 3 published in June 2010;
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Intermediate Affordable Housing. “Late Payment Interest” “Monitoring Contribution” “Occupation” The Homes and Communities Agency Housing for sale and rent provided at a cost above social rent but below market levels subject to the criteria for affordable housing as defined in Annex 2 of the National Planning Policy Framework. This can include shared equity products (eg shared ownership), other low cost homes for sale and intermediate rent but not Affordable Rented Housing Interest at 4% (four percent) above the minimum lending rate of the Bank of England from time to time The sum of XXXX towards the costs of the monitoring and enforcement of this Deed Occupation for the purposes permitted by the Planning Permission but not including occupation by personnel engaged in construction, fitting out or decoration or occupation for marketing or display or occupation in relation to security operations and “Occupy” shall be construed accordingly
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Intermediate Affordable Housing. “Late Payment Interest” “Monitoring Contribution” “Occupation” The Homes and Communities Agency N.B. This is changing to Homes England in Summer 2017 (see Housing Xxxx) Housing for sale and rent provided at a cost above social rent but below market levels subject to the criteria for affordable housing as defined in Annex 2 of the National Planning Policy Framework. This can include shared equity products (eg shared ownership), other low cost homes for sale and intermediate rent but not Affordable Rented Housing Interest at 4% (four percent) above the minimum lending rate of the Bank of England from time to time The sum of XXXX towards the costs of the monitoring and enforcement of this Deed Occupation for the purposes permitted by the Planning Permission but not including occupation by personnel engaged in construction, fitting out or decoration or occupation for marketing or display or occupation in relation to security operations and “Occupy” shall be construed accordingly
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Examples of Intermediate Affordable Housing in a sentence

  • The affordable housing to be delivered as a 70/30 split between Affordable Rent and Intermediate Affordable Housing.

  • PPS3 paragraph 29 states that local authorities should identify the split between social-rented and intermediate affordable housing, where appropriate, in Local Development Documents (LDDs), which include both DPDs and SPDs. The Council wishes to keep the Core Strategy flexible so that the split can be varied through a future revision to the Affordable Housing SPD if new evidence becomes available through the SHMA of the relative need for Social Rented/ Intermediate Affordable Housing.

  • However it was agreed that the viability testing should use this as the Intermediate Affordable Housing product in the tenure mix.

  • A further 349 were for Intermediate Affordable Housing schemes (exclusively shared ownership).

  • Intermediate Affordable Housing is the provision of homes made available for people who are unable to afford homes that fulfil their needs on the open market, but who can afford more than social rented accommodation.

  • Intermediate Affordable Housing accounted for a further 16 per cent (1,031) of affordable homes completed in the first six months of 2015-16, a decrease of 1,119 or 52 per cent compared to the same period in 2014-15.

  • Normally, 70% of the affordable homes should be for rent (with rent levels being determined having regard to local incomes of those living in priority housing need), with the balance being Intermediate Affordable Housing.

  • The proactive work also includes awareness raising of new and emerging fraud risks and to promote counter fraud training.• Paragraph 5 showed the channels in which staff and members of the public can raise concerns of wrong doing.

  • Percentage30%40%23%7%100%East Dorset District Council31504310134Percentage23%37.5%32%7.5%100%Table 5 Summary of estimated housing requirements by tenure and size (per annum) - 40% affordable housing delivery 4.17 All Affordable housing will be required to meet prevailing HCA design, space and construction standards associated with Social Housing, Affordable Rented Housing and Intermediate Affordable Housing.

  • Intermediate Affordable Housing Housing prices and rents above those of social rent, but below market price or rents, and which meet the criteria set out in the Social Rented Housing definition.


More Definitions of Intermediate Affordable Housing

Intermediate Affordable Housing means housing at prices and rents above those of an Affordable Price or Affordable Rent but below Open Market Value or market rent and which (a) meets the needs of eligible households including availability at a cost low enough for them to afford, determined with regard to local incomes and local house prices, and (b) includes provision for the home to remain at an affordable price for future eligible households or, if these restrictions are lifted, for the subsidy to be recycled for alternative affordable housing provision; Intermediate Affordable Housing includes low cost home ownership schemes, such as shared ownership, shared equity, or discounted sale but does not include affordable rented housing
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Intermediate Affordable Housing means housing at prices and rents above those of an Affordable Price or Affordable Rent but below Open Market Value or market rent and which (a) meets the needs of eligible households including availability at a cost low enough for them to afford, determined with regard to local incomes and local house prices, and (b) includes provision for the home to remain at an affordable price for future eligible households or, if these restrictions are lifted, for the subsidy to be recycled for alternative affordable housing provision; Intermediate Affordable Housing may include shared equity schemes such as ‘Homebuy’ but does not include affordable rented housing
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Related to Intermediate Affordable Housing

  • 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 means, unless the context clearly

  • 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 percent of area median income, as median income was 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.

  • 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.

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

  • Affordable Housing Cost means an amount satisfied by:

  • 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.

  • Health Care Operations shall have the meaning given to such term under the HIPAA 2 Privacy Rule in 45 CFR § 164.501.

  • 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.

  • Residential care home or “RCH” means a residential care home as defined and licensed under the Residential Care Homes (Elderly Persons) Ordinance (Cap. 459), or as defined and issued with a licence or certificate of exemption under the Residential Care Homes (Persons with Disabilities) Ordinance (Cap. 613), or the boarding section of a special school subvented under the Education Bureau, or the residential facilities of the Skills Centre (Tuen Mun) of Vocational Training Council, or a nursing home as referred to in the Hospitals, Nursing Homes and Maternity Homes Registration Ordinance (Cap. 165) which provides residential services for persons aged 60 or above in Hong Kong.

  • Cooperative Apartment A dwelling unit in a multi-dwelling building owned or leased by a Cooperative, which unit the Mortgagor has an exclusive right to occupy pursuant to the terms of a proprietary lease or occupancy agreement.

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • Separate Business means each of the activities of the Licensee connected

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and the sale of homes and related real estate activities, including the provision of mortgage financing or title insurance.

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

  • 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.

  • Contractor Related Parties means any affliates of the Contractor and the Contractor's executive officers, Pennsylvania officers and directors, or owners of 5 percent or more interest in the Contractor.

  • Insurance Affordability Program means a program that is one of the following:

  • Multi-family housing means a building or structure that is designed to house two (2) or more different households in separate housing Units which have full kitchen facilities including oven/range, refrigerator, kitchen sink with hot and cold water supply and food storage facilities and at least one (1) full bathroom facility(s), one (1) full bedroom and one (1) living area (including a combination thereof such as studio arrangements).

  • State sponsor of terrorism means a country determined by the Secretary of State, under section 6(j)(1)(A) of the Export Administration Act of 1979 (50 U.S.C. App. 2405(j)(i)(A)), to be a country the government of which has repeatedly provided support for acts of international terrorism. As of the date of this provision, state sponsors of terrorism subject to this provision are Iran, Sudan, and Syria. (10 U.S.C. 2327)

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Affordable means, a sales price or rent level that is within the means of a low- or moderate- income household as defined within N.J.A.C. 5:93-7.4, and, in the case of an ownership unit, that the sales price for the unit conforms to the standards set forth in N.J.A.C. 5:80-26.6, as may be amended and supplemented, and, in the case of a rental unit, that the rent for the unit conforms to the standards set forth in N.J.A.C. 5:80-26.12, as may be amended and supplemented.

  • Child welfare services means social services including

  • Community mental health program means all mental health

  • 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.