Permanently affordable housing definition

Permanently affordable housing means housing, regardless of ownership, for which there is a legally binding, recorded document in effect that limits the price at which the owner may sell or restricts the occupancy of the unit to a qualified, low-income household, for a period of at least forty years for a property used for shelter or rental housing, or for a period of at least twenty-five years for a property to be owned by a low-income household. These documents include, but are not limited to, affordability covenants, deed restrictions, and community land trust leases. Resale restrictions exercised by providers of permanently affordable housing can include, but are not limited to:
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Permanently affordable housing means housing, regardless
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Permanently affordable housing means a housing project in which the following apply:
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Examples of Permanently affordable housing in a sentence

  • Figure iiStrategies for preserving a community’s contribution to homeownership Permanently affordable housing is the subject of the present report, exploring a number of ways that subsidy retention can be made a reality and assisted homes can be made to last.

  • Permanently affordable housing for persons with disabilities must be equally available to all persons with disabilities regardless of the nature of their disability.

  • Permanently affordable housing, whether publicly, privately or jointly financed, will be designed as to be compatible, dispersed, and integrated with housing throughout the community.

  • These are described in more detail below:  Permanently affordable housing: The 58 units proposed as affordable include two single-family and six duplex units and a 50 unit congregate care permanently affordable senior stack flat apartment building with unit floor areas that range from 575 to 850 sq.

  • The question was asked about pesticide use and if we can regulate its use.- Permanently affordable housing.

  • Permanently affordable housing is the subject of the 2017 Shelter Report, exploring a family of tenures known as “shared-equity home- ownership.” These unconventional models of tenure are combined with a stewardship regime that works to protect low-cost homes as well as low-income homeowners.

  • Permanently affordable housing, as opposed to short-term affordable housing, creates greater and longer-term public value for communities.

  • Permanently affordable housing is typically subsidized through a variety grants, bonds and tax credits, and owned and managed by nonprofit organizations who keep rents and sale prices affordable to low-income families.


More Definitions of Permanently affordable housing

Permanently affordable housing means housing, regardless of ownership, for which there is a legally binding, recorded document in effect that limits the price at which the owner may sell or
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Permanently affordable housing means affordable housing, the affordability of which is
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Related to Permanently affordable housing

  • Affordable housing development means a development included in the Housing Element and Fair Share Plan, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100 percent affordable development.

  • Affordable housing means, unless the context clearly

  • Affordable housing project means, for purposes of this part, title fourteen of article twenty seven of the environmental conservation law and section twenty-one of the tax law only, a project that is developed for residential use or mixed residential use that must include affordable residential rental units and/or affordable home ownership units.

  • Affordable Housing Unit means a rental unit in an affordable housing building that rents for an amount that is affordable to households at or below 60 percent of area median income, as median income was most recently determined by the United States Department of Housing and Urban Development for the Minneapolis-St. Paul-Bloomington, Minnesota-Wisconsin Metropolitan Statistical Area, as adjusted for household size and number of bedrooms.

  • Affordable Housing Cost means an amount satisfied by:

  • Affordable housing program(s means any mechanism in a municipal Fair Share Plan prepared or implemented to address a municipality’s fair share obligation.

  • Affordable Housing Units – means the Affordable Housing to be provided as part of the development in accordance with the application and/or any subsequent reserved matters approval.

  • 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.

  • Health Care Operations shall have the meaning given to such term under the HIPAA 2 Privacy Rule in 45 CFR § 164.501.

  • Housing development as used in this section, means a development project for five or more residential units, including mixed-use developments. For the purposes of this section, “housing development” also includes a subdivision or common interest development, as defined in Section 4100 of the Civil Code, approved by a city, county, or city and county and consists of residential units or unimproved residential lots and either a project to substantially rehabilitate and convert an existing commercial building to residential use or the substantial rehabilitation of an existing multifamily dwelling, as defined in subdivision (d) of Section 65863.4, where the result of the rehabilitation would be a net increase in available residential units. For the purpose of calculating a density bonus, the residential units shall be on contiguous sites that are the subject of one development application, but do not have to be based upon individual subdivision maps or parcels. The density bonus shall be permitted in geographic areas of the housing development other than the areas where the units for the lower income households are located.

  • Affordable Unit means a housing unit proposed or created pursuant to the Act and approved for crediting by the Court and/or funded through an affordable housing trust fund.

  • Workforce housing means housing for sale or rent with combined rental costs

  • Occupational therapy assistant means an individual who has met the requirements of the Board for

  • Clinic means a health facility providing health care services to individuals associated with a college or university.

  • Orthodontic means a type of specialist dental treatment carried out by an orthodontist that diagnoses, prevents and corrects mispositioned teeth and jaws and misaligned bite patterns.

  • Community mental health program means all mental health

  • Affordable Units means units that have rents that do not

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

  • Arborist means an individual engaged in the profession of arboriculture who, through experience, education, and related training, possesses the competence to provide for or supervise the management of trees and other woody plants. Must be concurrently an International Society of Arboriculture (ISA) Certified Arborist to perform any role required of a Certified Arborist.

  • Community mental health center or "CMHC" means a facility offering a comprehensive array of community-based mental health services, including but not limited to, inpatient treatment, outpatient treatment, partial hospitalization, emergency care, consultation and education; and, certain services at the option of the center, including, but not limited to, prescreening, rehabilitation services, pre-care and aftercare, training programs, and research and evaluation.

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • Affordable means, a sales price or rent level that is within the means of a low- or moderate- income household as defined within N.J.A.C. 5:93-7.4, and, in the case of an ownership unit, that the sales price for the unit conforms to the standards set forth in N.J.A.C. 5:80-26.6, as may be amended and supplemented, and, in the case of a rental unit, that the rent for the unit conforms to the standards set forth in N.J.A.C. 5:80-26.12, as may be amended and supplemented.

  • Clinician means a physician licensed under chapter 37 of title 5; a nurse licensed

  • Transient guest means a natural person staying less than 30 consecutive days.

  • Rehabilitation Hospital means an Institution which mainly provides therapeutic and restorative services to Sick or Injured people. It is recognized as such if:

  • Drug therapy management means the review of a drug therapy regimen of a patient by one or more pharmacists for the purpose of evaluating and rendering advice to one or more practitioners regarding adjustment of the regimen.