Market-rate units definition

Market-rate units means housing not restricted to low- and moderate-income households that may sell or rent at any price.
Market-rate units means residential rental units that are not Low Income Units.
Market-rate units means housing not restricted to low- and

Examples of Market-rate units in a sentence

  • If the Project consist of both Affordable Units and Market Rate Units, the Annual Payment shall consist of the Affordable Unit Annual Payment plus the Market Rate Unit Annual Payment.


More Definitions of Market-rate units

Market-rate units means new living units in residential projects that d o n o t me e t t h e d e f i n i t i o n o f “ affordable units.”
Market-rate units means housing units constructed on the Project Site that are not Replacement Units or Inclusionary Units.
Market-rate units means residential rental units other than Low‐Income Units or Management Units.
Market-rate units means residential units other than affordable units.
Market-rate units means those dwelling units in a residential project which are not affordable units.
Market-rate units means dwelling units in a Residential Project that are not Inclusionary Units.
Market-rate units means dwelling units in a residential project which are not restricted to an affordable housing price or rent.