Purpose-Built Rental Housing definition

Purpose-Built Rental Housing means dwelling units that are intended to be used for rental housing and meet an identified need for housing in the District. Purpose-Built Rental Housing does not include buildings that are stratified, except those stratified buildings that are subject to operating agreements with the Provincial Rental Housing Corporation.
Purpose-Built Rental Housing means a development that meets the conditions set out in subsection 18.4;
Purpose-Built Rental Housing means a residential use building or structure that consists of four (4) or more dwelling units that will remain as rental housing for a period of at least 20 years from the date of issuance of a building permit.

Examples of Purpose-Built Rental Housing in a sentence

  • Development that meets the definition of Purpose-Built Rental Housing may be eligible for an additional 25% reduction in development charges as described in Schedule B to this by-law.

  • Resources RequiredStaff Resources Financial Resources Impact on GapsAffordable Rental Housing Accessible & Supportive Housing Support Services/Supportive Housing Purpose-Built Rental Housing Diverse Housing Supply 19.

  • Page 49 of 156Page 32 of 76Resources RequiredStaff Resources Financial Resources • Encourage member municipalities to pre- or rezone suitable lands to permit medium- or high-density residential development, including innovative options, such as quadruplexes or adaptable homes Impact on GapsAffordable Rental Housing Accessible & Supportive Housing Support Services/Supportive Housing Purpose-Built Rental Housing Diverse Housing Supply 2.

  • Resources RequiredStaff Resources Financial Resources Impact on GapsAffordable Rental Housing Accessible & Supportive Housing Support Services/Supportive Housing Purpose-Built Rental Housing Diverse Housing Supply 15.

  • In addition, the Development Permit and Development Variance Permit for the nine unit, three bedroom, rental townhome was approved April 26, 2016 by Council under DP15-0221/DVP15-0222.The property is in the Purpose-Built Rental Housing Projects category as described by the Revitalization Tax Exemption Program Bylaw No. 9561.

  • Joint Venture - An association of two or more firms or individuals to carry on a single business enterprise for profit.Market Purpose-Built Rental Housing (MPBRH) - Residential construction developed specifically for the use of rental purposes at the market rate.

  • Impact on GapsAffordable Rental Housing Accessible & Supportive Housing Support Services/Supportive Housing Purpose-Built Rental Housing Diverse Housing Supply 7.

  • Additional Floor AreaApplications made Under Policy 1.2 (Residential Rental Projects Requiring a Rezoning for Secured Purpose-Built Rental Housing for projects where 100% of the residential floor space is rental) are eligible for additional density.

  • Need for Purpose-Built Rental Housing – Additional purpose-built rental housing is needed to create more housing options for renters in the city.

  • Page 46 of 156Page 29 of 76• Update and refine the target for affordable housing to identify separate targets for low income households and moderate income households Resources RequiredStaff Resources Financial Resources Impact on GapsAffordable Rental Housing Accessible & Supportive Housing Support Services/Supportive Housing Purpose-Built Rental Housing Diverse Housing Supply 1.


More Definitions of Purpose-Built Rental Housing

Purpose-Built Rental Housing means a development with five (5) or more Dwelling Units that are intended for rental housing and does not include stratified buildings, except those that are subject to operating agreements with the Provincial Rental Housing Corporation;
Purpose-Built Rental Housing means a building containing five or more dwelling units that is designed and used exclusively for residential purposes and that is built after the adoption of a zoning bylaw that limits the form of tenure of the dwelling units in the building to residential rental tenure or after the date on which notice of a housing agreement between the Owner and the City limiting the form of tenure of the dwelling units in the building to residential rental tenure is filed in the land title office.
Purpose-Built Rental Housing means a self-contained building(s) containing five or more Dwelling Units that are intended to be used for rental housing and does not include buildings that are stratified. Purpose-built rental housing meets an identified need for affordable housing in the city. Since rent is controlled within rental buildings under the Residential Tenancy Act, this is a form of affordable housing;
Purpose-Built Rental Housing means a Dwelling Unit that is intended to be used for rental housing; and
Purpose-Built Rental Housing means a self-contained building(s) containing five or more Dwelling Units that are intended to be used for rental housing. Purpose-built rental housing meets an identified need for housing in the City and does not include buildings that are stratified. Bylaw No. 9561 – Revitalization Tax Exemption Program Bylaw
Purpose-Built Rental Housing means a multiple dwelling where individual dwelling units are not units in a plan of condominium, and which is intended for use as rented residential premises.”

Related to Purpose-Built Rental Housing

  • 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;

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Residential Rental Unit means an area legally licensed or permitted for use as a living space containing a sleeping area, bathing and sanitation facilities and cooking facilities equipped with a cooking range, refrigerator and sink, all of which are separate and distinct from other Residential Rental Units. Reg. §§ 1.103-8(a) 8(i).

  • Urban renewal project means undertakings and activities of a municipality in an urban renewal area for the elimination and for the prevention of the development or spread of slums and blight, and may involve slum clearance and redevelopment in an urban renewal area, or rehabilitation or conservation in an urban renewal area, or any combination or part of them in accordance with an urban renewal plan. These undertakings and activities may include:

  • Tourism destination project means a qualified non-gaming business facility that will be among the most visited privately owned or operated tourism or recreation sites in the State, and which is located within the qualified incentive area and has been determined by the authority to be in an area appropriate for development and in need of economic development incentive assistance, including a non-gaming business within an established Tourism District with a significant impact on the economic viability of that District.

  • Coastal area means coastal area as defined in section 22a-93(3) of the Connecticut General Statutes. “Coastal waters” means coastal waters as defined in section 22a-93(5) of the Connecticut General Statutes. “Commissioner” means commissioner as defined in section 22a-2(b) of the Connecticut General Statutes.

  • mixed-use building means a building or structure containing a residential and non- residential use other than a home occupation;

  • communal land means land under the jurisdiction of a traditional council determined in terms of section 6 of the Eastern Cape Traditional Leadership and Governance Act, (Act 4 of 2005) and which was at any time vested in -

  • Rural areas means any area within the county located outside the

  • Modular building means, but shall not be limited to, single and multifamily houses, apartment

  • Mobile home space means a parcel of land for rent which has been designed to accommodate a mobile home and provide the required sewer and utility connections.

  • Improvement completion assurance means a surety bond, letter of credit,

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Residential building means a building containing one or more residential dwellings.

  • Urban renewal area means a slum area or a blighted area or a combination thereof which the municipality designates as appropriate for an urban renewal project.

  • Construction Zone shall have the meaning set forth in Clause 8.3 (i);

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Mixed-use project means a project comprising both a qualified

  • Expandable condominium means a condominium to which additional land may be added in accordance with the provisions of the declaration and of this chapter.

  • School building means any building in which any of the instruction, extracurricular activities, or training provided by a school is conducted, whether or not any instruction, extracurricular activities, or training provided by the school is being conducted in the school building at the time a criminal offense is committed.

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Transportation project or "project" means any or the

  • Qualified building means a building built at least 30 years before the date of application, located within a designated downtown or, village center, or neighborhood development area, which, upon completion of the project supported by the tax credit, will be an income-producing building not used solely as a single-family residence. Churches and other buildings owned by religious organization may be qualified buildings, but in no event shall tax credits be used for religious worship.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Covered Municipal Building means a building or facility that is owned or occupied by the Town that is 1,000 square feet or larger in size.

  • Natural area means an area of the rural or non-urban environment which is in an unspoilt natural state or is of high scenic value, and includes, but is not limited to, national parks, game reserves, nature reserves, marine reserves, wilderness areas, areas of extensive agriculture and scenic areas.