Social Housing Adder definition

Social Housing Adder means an incremental amount added to a Participant Incentive payable to a Social Housing Provider in respect of a Project calculated as the positive difference, if any, of: (a) the Participant Incentive that would otherwise be payable for such Project had the Applicant not been a Social Housing Provider, multiplied by two (2) , up to a maximum of 50% of the Eligible Costs for such Project or a maximum of 55% of the Estimated Eligible Costs in the Application approved by the LDC; and (b) the Participant Incentive that would otherwise be payable for such Project had the Applicant not been a Social Housing Provider. The Social Housing Adder is subject to available LDC funds.
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Social Housing Adder means a Participant Incentive payable to a Social Housing Provider for a Project, in addition to a Custom Incentive, Prescriptive Incentive or Custom Incentive, calculated as the positive difference, if any, of:
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Social Housing Adder means an incremental amount added to a Participant Incentive payable to a Social Housing Provider in respect of a Project calculated as the positive difference, if any, of: (a) the Participant Incentive that would otherwise be payable for such Project had the Applicant not been a Social Housing Provider, multiplied by two (2) , up to
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Examples of Social Housing Adder in a sentence

  • If the Participant is a Social Housing Provider and the Project for which that Advance Incentive was made has not been completed within one year of the date the Application was approved, the Participant will no longer be eligible to receive the Social Housing Adder, and any Advance Incentive previously advanced will be repaid to the LDC or the LDC will be entitled to set‐off such amount from any Participant Incentive that may become payable.

  • If the Participant is a Social Housing Provider and the Project for which that Advance Incentive was made has not been completed within one year of the date the Application was approved, the Participant will no longer be eligible to receive the Social Housing Adder, and any Advance Incentive previously advanced will be repaid to the LDC or the LDC will be entitled to set-off such amount from any Participant Incentive that may become payable.

  • The total Participant Incentive payable upon completion of a Project, including the Social Housing Adder, if any, will be reduced by the amount of the SHP Advance Incentive paid by the IESO prior to the completion of the Project.

  • The total Participant Incentive payable upon completion of a Project, including any Social Housing Adder, will be reduced by the amount of the SHP Advance Incentive paid by the IESO.


More Definitions of Social Housing Adder

Social Housing Adder means an incremental amount added to a Participant Incentive payable to a Social Housing Provider in respect of a Project.
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Related to Social Housing Adder

  • Social Housing has the meaning attributed to it in Section 68 of the HRA 2008;

  • Social program means a program implemented with board

  • Social worker means a person with a master's or further

  • Social services means foster care, adoption, adoption assistance, child-protective services, domestic

  • Social Security means the old-age survivors and disability section of the Federal Social Security Act;