Regulated affordable housing definition

Regulated affordable housing means affordable
Regulated affordable housing means affordable housing that:
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:

Examples of Regulated affordable housing in a sentence

  • 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.

  • Regulated affordable housing may be owned and/or operated by a public agency (e.g., the Housing Authority of Washington County), a nonprofit agency (e.g., Beinestar), or a for-profit developer.

  • 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.

  • 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.

  • Coordinate plans and investments with programs that enable communities impacted by involuntary displacement to maintain social and cultural connections, and re‐ establish a stable presence and participation in the impacted neighborhoods.Policy 5.26 Regulated affordable housing target.

  • Regulated affordable housing is monitored by multiple government agencies to ensure it is being maintained in a sound condition.


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.
Regulated affordable housing means housing

Related to Regulated affordable housing

  • Affordable housing means either of the following:

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

  • 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;