Intermediate Housing definition

Intermediate Housing means housing at prices and rents above those of Social Rented Housing but below Market Value prices or rents which may include:
Intermediate Housing means Affordable Housing which meets the criteria of
Intermediate Housing means housing for sale or rent (on a Shared Ownership

Examples of Intermediate Housing in a sentence

  • Intermediate Housing: Sub-market housing, where costs, including service charges, are above target rents for social housing, but where costs, including service charges, are affordable by households on incomes of less than £48,000 (as at March 2006).

  • Residential UnitsProposed Social Housing TotalExisting Social Housing TotalProposed Intermediate Housing TotalExisting Intermediate Housing TotalProposed Key Worker Housing TotalExisting Key Worker Housing Total26.

  • Intermediate Housing and other affordable housing types WODC recognises the need for a balanced mix of affordable tenures and as described in Section 2, there are a number of different forms of affordable housing including a number of ‘intermediate’ products.Of these intermediate tenures, WODC favours the provision of Shared Ownership as it provides a clear route to home ownership with occupants having the opportunity to increase their equity share over time.

  • Rent to Buy A form of Intermediate Housing, new homes to rent by Eligible Persons for a specified rental period (minimum of 5 years) which may be renewed, with the option for the sitting tenant to buy the property (or a share of it) at the end of the rental period.

  • A total of 43 units would be secured for Affordable Rent, with 15 secured for Intermediate Housing.


More Definitions of Intermediate Housing

Intermediate Housing means affordable housing where the cost to the occupier in terms of weekly outgoings (rent service charges and mortgage where
Intermediate Housing means a range of housing for discount market rent or sale or part sale on a shared ownership or shared equity basis “Key Workers” means essential workers in key public services as defined by the Office of the Deputy Prime Minister and who are eligible for assistance under the Key Worker Living Programme as published by the Office of the Deputy Prime Minister or other such scheme that may supersede the programme or who are defined by the Council’s own definition which includes teachers nurses other health workers police fire fighters social workers bus and ambulance drivers
Intermediate Housing means housing comprising low cost home ownership units sold through the Council’s Aspire2Own scheme or rented housing units let through the Council’s Homes4U scheme) where capital prices or rents are above those of Social Rented Housing but below open market housing prices and PROVIDED FURTHER THAT this does not include low cost market housing which the Welsh Government does not consider to be Affordable Housing for the purpose of the land use planning system;
Intermediate Housing means affordable housing where the cost to the occupier in terms of weekly outgoings (rent service charges and mortgage where applicable) are significantly below the maximum affordable to households (as set out in the Council’s Supplementary Planning Document “Low Cost & Affordable Housing”) who are in local housing need (including Key Workers)
Intermediate Housing means those Affordable Housing Units to be provided as intermediate housing as defined in Annex 2 of the NPPF including Shared Ownership, relevant equity loans, and other low cost homes for sale (at a price equivalent to at least 20% below local market value) and rent to buy (which includes a period of intermediate rent).;
Intermediate Housing means Shared Ownership and Shared Equity.
Intermediate Housing means Shared Ownership Housing and/or such other intermediate forms of Affordable Housing tenure or other tenures including Other Affordable Routes to Home Ownership and which accords with the NPPF and which are proposed by the Owner and are agreed by the Council in writing and "Intermediate Housing Units" shall be construed accordingly;