Low-income housing definition

Low-income housing means housing affordable according to
Low-income housing means housing affordable according to federal Department of Housing and Urban Development or other recognized standards for home ownership and rental costs and occupied or reserved for occupancy by households with a gross household income equal to 50 percent or less of the median gross household income for households of the same size within the housing region in which the housing is located.
Low-income housing means residential housing for low-income

Examples of Low-income housing in a sentence

  • Prior to the issuance of the production building permit for the residential unit representing the 1,167th residential production unit to be constructed within the Project, Developer shall commence construction of the 122 Low Income Housing units and 53 Very Low Income Housing units (Village 8 West Initial Affordable Units) or no less than the total equivalent number of Low Income Housing units located within Village 8 West (as the same may be modified).


More Definitions of Low-income housing

Low-income housing means housing that is affordable,
Low-income housing means #dwelling units# or #rooming units# occupied or to be occupied by persons or families having an annual household income at the time of initial occupancy equal to or less than 80 percent of the median income for the primary metropolitan statistical area, as determined by the United States Department of Housing and Urban Development or its successors from time to time for a family of four, as adjusted for family size.
Low-income housing means residential housing for low- income persons or families who lack the means which is necessary to enable them, without financial assistance, to live in decent, safe, and sanitary dwellings, without overcrowding. For the purposes of this subsection, "low income" means income that does not exceed eighty percent of the median family income for the standard metropolitan statistical area in which the revenue development area is located.
Low-income housing means housing where monthly costs, including utilities other than telephone, are no greater than 30% of the resident’s household monthly income and where household monthly income is 80% or less of the King County Median family income adjusted for family size as reported by the U.S. Department of Housing and Urban Development.
Low-income housing means housing that is affordable, according to the federal Department of Housing and Urban Development, for either home ownership or rental, and that is occupied, reserved, or marketed for occupancy by households with a gross household income that does not exceed 50% of the median gross household income for households of the same size within the county in which the housing is located.
Low-income housing means a residential building financed with
Low-income housing means housing that is affordable, according to the federal Department of Housing and Urban Development, for either home ownership or rental, and that is occupied, reserved, or marketed for occupancy by households with a gross household income that does not exceed 50% of the area median household income.