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

  • The earliest date following Closing on which each Qualified Unit within the Project (excluding any Market Rate Units) shall have been initially occupied for a lease term of not less than twelve months.


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 residential units other than affordable units.
Market-rate units means residential rental units other than Low‐Income Units or Management 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 which are not restricted to an affordable housing price or rent.
Market-rate units means housing units constructed on the Project Site that are not Replacement Units or Inclusionary Units.
Market-rate units means dwelling units in a Residential Project that are not Inclusionary Units.