Rental Development definition

Rental Development means any residential development that creates one or more additional dwelling units that cannot be lawfully sold individually in conformance with the Subdivision Map Act.
Rental Development means a Residential Development that includes multiple dwelling as defined in San José Municipal Code Section 20.200.340.
Rental Development has the meaning set out in Recital B;

Examples of Rental Development in a sentence

  • AND WHEREAS the Program is comprised of several components, being the New Rental Development Program (AHTP-NRDP), the New Home Development Program (AHTP-NHDP), the Rent Supplement Program (AHTP-RSP), the Secondary Suite Program (AHTP-SSP) and the Multi Unit Rehabilitation Program New Rental Development Program (AHTP-MURP).

  • NOTARY PUBLIC My Commission Expires: R:\GShields\Community Development\Affordable Rental Development Fund\Volunteer Ministry - Xxxxxxx Manor\Restrictive Covenant - Final 9-29 PM.docx EXHIBIT A" SITUATED in District No. Two of Xxxx County, Tennessee, within the 15th Xxxx of the City of Knoxville, Tennessee, and being more particularly bounded and described as follows: BEGINNING at an iron pin set in the northern right-of-way of E.

  • With prior City approval, the Owner may also self-manage the Rental Development.

  • Owner and the City hereby create a restrictive covenant encumbering the Property that will meet the conditions for qualification as affordable housing as described in the Affordable Rental Development Program Agreement dated , 2020 (“Program Agreement”).

  • AND WHEREAS the Program is comprised of several components, being the New Rental Development Program (AHTP-NRDP), the New Home Development Program (AHTP- NHDP), the Rent Supplement Program (AHTP-RSP), the Secondary Suite Program (AHTP-SSP) and the Multi Unit Rehabilitation Program New Rental Development Program (AHTP-MURP).

  • The Rental Development shall be operated only for residential use as multifamily rental housing, unless the dwelling units in the Rental Development are sold pursuant to Section 4.2 below.

  • All Tenant lists, applications, and waiting lists relating to the Rental Development shall be kept separate and identifiable from any other business of the Owner and shall be maintained as required by the City, in a reasonable condition for proper audit.

  • Borrower and the City hereby create a restrictive covenant encumbering the Property that will meet the conditions for qualification as affordable housing as described in the Affordable Rental Development Program Agreement.

  • Date: provided in the Application and which is incorporated herein by reference, and meeting the following criteria: Location of Affordable Housing Development (APN, address, parcel map, specific plan or similar reference) City and County Insert a table for each development, and identify the development (e.g. Affordable Rental Development, Market Rate Condos) Enter the number of units by bedroom size and income level.

  • Two (2) dwelling units in the Rental Development shall be rented to and occupied by or, if vacant, available for occupancy by Very Low Income Households.


More Definitions of Rental Development

Rental Development means a housing development owned and operated by an Obligated Person which
Rental Development means a housing development owned and operated by an Obligated Person which has received a Loan from MassHousing which is pledged as security for the bonds under the Resolution.
Rental Development means a residential development where dwelling units are
Rental Development means a residential development where dwelling units are offered for rent.
Rental Development means any Residential Development that is not a For-Sale Development.
Rental Development means the Property, the twenty-five (25) dwelling units to be developed on the Property, any additional improvements constructed on the Property, and all landscaping, roads and parking spaces existing or to be constructed on the Property.

Related to Rental Development

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

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • 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.

  • land development area means an erf or the land which is delineated in an application submitted in terms of this By-law or any other legislation governing the change in land use and “land area” has a similar meaning;

  • Existing development means development, other than that associated with agricultural or forest management activities, that meets one of the following criteria:

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Planned development means a real property development other than a community apartment project, a condominium project, or a stock cooperative, having either or both of the following features:

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • sustainable development means development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs;

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

  • Commencement of Development means the date on which any material operation (as defined in Section 56(4) of the Act) forming part of the Development is begun other than (for the purposes of this Undertaking and for no other purpose) operations consisting of site clearance, demolition work, archaeological investigations, investigations for the purpose of assessing ground conditions, remedial work in respect of any contamination or other adverse ground conditions, diversion and laying of services, erection of any temporary means of enclosure, the temporary display of site notices or advertisements and “Commence Development” and similar expressions shall be construed accordingly

  • Redevelopment means areas where development is replacing older development.

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

  • spatial development framework means the Mhlontlo Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • 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:

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.