Middle income housing definition

Middle income housing means housing affordable, according
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Middle 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 or more than 80% but less than 120% of the median gross household income for households of the same size within the housing region in which the housing is located.
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Middle income housing means housing affordable to
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Examples of Middle income housing in a sentence

  • Middle income housing can besupported by redevelopment (above) but also townhouses and similar properties that are designed for first-time buyers.• Add mobile homes to the list of affordable housing options.

  • Middle income housing opportunities are further provided through the inclusionary housing development to be discussed below.

  • Middle income housing can be catered for within the Vaalbank Intersection Business Node in future.

  • Low, Moderate and Middle income housing are defined as the respective income level measured against the applicable percentage for median income in King County: low income category is less than 80% of median income; moderate income category is 80% to 100% of median income; and middle income category is 100% to 120% of median income.

  • Middle income housing value premiums of 2.3% and 14.4% for new properties located in the immediate walking distance to trunk stations and to feeder lines, compared to five-to-ten minute walking distance.

  • Middle income housing - to ensure that working families can live in Boulder and their children can attend our great schools.


More Definitions of Middle income housing

Middle income housing means a residential dwelling unit that is restricted to occupancy by a person or persons with annual income(s) between 80% to 120% of the area median income (AMI) for Douglas County, as defined by the U.S. Department of Housing and Urban Development, for a period of thirty (30) years.
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Middle income housing. ] "Workforce housing" means
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Middle income housing means housing that is affordable for either home ownership or rental, and that is occupied, reserved, or marketed for occupancy by households with a gross household income that is greater than [80] percent but does not exceed [specify a number within a range of 95 to 120] percent of the median gross household income for households of the same size within the housing region in which the housing is located. ◆ While the definitions of low-income and moderate-income housing are specific legal terms based on federal legislation and regulations, this term is intended to signify in a more general manner housing that is affordable to the great mass of working Americans. Therefore, the percentagemay be amended by adopting legislatures to fit the state’s circumstances.
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Middle income housing means housing that is affordable to households earning up to 150% of Area Median Income. “MOHCD” shall mean the Mayor’s Office of Housing and Com- munity Development, and any successor City department.
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Middle income housing means housing that is affordable for either home own• ership or rental, and that is occupied, reserved, or marketed for occupancy by house• holds with a gross household income that is greater than [80] percent but does not exceed [specify a number within a range of 95 to 120] percent of the median gross house• hold income for households of the same size within the housing region in which the housing is located.
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Related to Middle income housing

  • Moderate income housing means housing affordable,

  • Plan for moderate income housing means a written document adopted by

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • Low-income housing means housing affordable according to

  • 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).

  • Non-profit housing development means development of a building or structure intended for use as residential premises by,

  • Per capita income means the average for the most recent three years for

  • 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.

  • Qualified low-income community investment or “QLICI” shall have the same meaning as set forth in IRC § 45D(d) and 26 C.F.R. 1.45D-1(d).

  • Median household income (MHI) means the calculation computed by the U.S. Census Bureau - Income of Households - This includes the income of the householder and all other individuals 15 years old and over in the household, whether they are related to the householder or not. Because many households consist of only one-person, average household income is usually less than average family income. The median divides the income distribution into two equal parts: one-half of the cases falling below the median income and one-half above the median. For households and families, the median income is based on the distribution of the total number of households and families including those with no income. The median income for individuals is based on individuals 15 years old and over with income. Median income for households, families, and individuals is computed on the basis of a standard distribution.

  • Rental housing means development of a building or structure with four or more dwelling units all of which are intended for use as rented residential premises;

  • Multifamily housing means housing accommodations designed as a residence for more than 1 family.

  • Stormwater management planning area means the geographic area for which a stormwater management planning agency is authorized to prepare stormwater management plans, or a specific portion of that area identified in a stormwater management plan prepared by that agency.

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Company receives from portfolio companies) accrued during the calendar quarter, minus the Company’s operating expenses for the quarter (including the base management fee, expenses payable under the administration agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the incentive fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Company has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Target housing means any housing constructed prior to 1978, except housing for the elderly or persons with disabilities (unless any one or more children age 6 years or under resides or is expected to reside in such housing for the elderly or persons with disabilities) or any 0-bedroom dwelling.

  • Area Median Income means the most recent applicable county median family income published by the California Tax Credit Allocation Committee.

  • Moderate income means more than 50 percent but less than 80

  • Elderly Housing means housing intended for and only occupied by Elderly persons, including a family in which all members are Elderly. All household members must be Elderly (no children, and no disabled persons under the age of 62).

  • Lower income household means a household having an income equal to or less than the

  • Halfway house means a facility licensed by the division of parole and community services of the department of rehabilitation and correction pursuant to section 2967.14 of the Revised Code as a suitable facility for the care and treatment of adult offenders.

  • Single-family housing means housing accommodations designed as a residence for not more than 1 family.

  • Fixed Income Securities means Debt Securities created and issued by, inter alia, Central Government, State Government, Local Authorities, Municipal Corporations, PSUs, Public Companies, Private Companies, Bodies Corporate, Unincorporated SPVs and any other entities which may be recognized / permitted which yield a fixed or variable rate by way of interest, premium, discount or a combination of any of them.

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Very low-income household means a household with a total gross annual household income equal to 30 percent or less of the median household income.

  • Moderate-income unit means a restricted unit that is affordable to a moderate-income household.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.