Regulated affordable housing definition

Regulated affordable housing means affordable
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Regulated affordable housing means affordable housing that:
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Regulated affordable housing means housing that is made affordable through public subsidies or statutory regulations that restrict or limit resident income levels or rents. To be considered regulated affordable housing, units must:
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Examples of Regulated affordable housing in a sentence

  • Regulated affordable housing is income or rent-restricted to ensure the housing is occupied by households earning a certain income, and rents are set so as to be affordable to those income levels.

  • Regulated affordable housing, from city transportation and park SDCs only.

  • Examples include:▪ Regulated affordable housing for low-, moderate-, and mixed-income housing, including affordable rental, homeownership, and cooperative ownership housing.▪ Diverse housing options the market is unlikely to produce, including manufactured, middle, and multi-family housing.

  • Every material proceeding in which any of the directors, officers, related companies, interested parties, is a counterparty vis-à-vis the banking corporation or in which that party has in such proceeding an opposing interest to that of the banking corporation should be outlined.

  • Regulated affordable housing is housing for which affordability is ensured through a local, state or federal compliance agreement, and generally provides homes for households that otherwise could not afford adequate housing at market rates.

  • His expertise in accounting, auditing and finance enables him to lead the Audit Committee.The principal responsibilities of the Audit Committee are to conduct critical and objective reviews of the Group’s financial and accounting practices, risk management and internal controls.

  • Regulated affordable housing developers also need to pay the same or similar costs but require some form of subsidy to make the dwellings affordable.

  • The following is the proposed definition of regulated affordable housing, as stated in CDC Section 413-6.2 of the filed ordinance: Regulated affordable housing shall be defined as housing that is made affordable through public subsidies and/or statutory regulations that restrict or limit resident income levels and/or rents.

  • Support and coordinate with public entities and community organizations to hold land in reserve for affordable housing and community development priorities, as an anti-displacement tool.Addresses Anti-Displacement PDX proposal 3-B NEW Policy 5.25: Regulated affordable housing target.

  • Regulated affordable housing makes up only a small part of the market—far lower than the number of people who need housing that is more deeply affordable than the housing provided by the market.[Pie showing regulated affordable housing as a percentage of all housing next to pie chart showing 0-60% MFI, 60-80% MFI, 80-100% MFI as percent of total households and chart or map of regulated affordable housing.


More Definitions of Regulated affordable housing

Regulated affordable housing means a building to be occupied by low- or moderate-income households as defined in California Health and Safety Code Section 50093; offered at an affordable rent as defined in California Health and Safety Code Section 50053 for a period of at least 30 years for homeownership units and 55 years for rental units; and subject to restriction for a period of at least 30 years for homeownership and 55 years for rental units; under a recorded regulatory agreement between the property owner and a local, state, or federal agency.
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Regulated affordable housing means housing
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Related to Regulated affordable housing

  • Affordable housing means housing that is available at a cost low enough to meet the needs of eligible households having regard to local incomes and local house prices and which will remain at an affordable price for future eligible households or, if not, that the subsidy is recycled for alternative affordable housing provision

  • 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% of area medianincome, as 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 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 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 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.

  • Affordable Housing Cost means an amount satisfied by:

  • Michigan state housing development authority means the public body corporate and politic created by Section 21 of the State Housing Development Authority Act of 1966, 1966 PA 346, MCL 125.1421.

  • Residential housing or "Residence" means a single-family, owner-occupied dwelling located within the State that qualifies for financing by the Authority within the meaning of the Act, the Rules and Regulations, the Code and related regulations.

  • Managed health care system means: (a) Any health care

  • State purchased health care or "health care" means medical

  • Regulated motor vehicle surface means any of the following, alone or in combination:

  • Real Estate-Related Assets means any investments by the Company or the Operating Partnership in Mortgages and Real Estate-Related Securities.

  • Manufactured housing means “manufactured home” as defined in section 321.1.

  • Affordable development means a housing development all or a portion of which consists of restricted units.

  • 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).

  • Residential real estate means any real property located in this state, upon which is constructed or intended to be constructed a dwelling;

  • Qualified agricultural property means that term as defined in section 1211 of the revised school code, MCL 380.1211.

  • Tube housing assembly means the tube housing with tube installed. It includes high-voltage and/or filament transformers and other appropriate elements when such are contained within the tube housing.

  • Virginia Stormwater Management Program authority or "VSMP authority" means an authority approved by the State Board after September 13, 2011, to operate a Virginia Stormwater Management Program.