Substantially Rehabilitated definition
Substantially Rehabilitated means units at imminent risk of loss to the housing stock which are substantially rehabilitated and therefore represent a net increase in the community’s affordable housing stock as described in paragraph (2) of subdivision (c) of Section 65583.1 of the Government Code, except that the city, county, or city and county may have committed assistance at any time during the projection period.
Substantially Rehabilitated means units at imminent risk of loss to the housing stock which are Substantially Rehabilitated and therefore represent a net increase in the community’s affordable housing stock as described in paragraph
Substantially Rehabilitated means rehabilitation in which the value of the rehabilitation constitutes 25 percent of the after-rehabilitation value of the dwelling unit(s). Originally, under AB 1290, the rehabilitated units to be included in this calculation consisted of all one- and two-unit complexes that have undergone substantial rehabilitation with Agency assistance, and all multi-family rented dwelling units with three or more units that are substantially rehabilitated, regardless of the funding source. As amended by SB 701 and AB 637, however, as of January 1, 2002, the multi-family units to be counted must be substantially rehabilitated and have received Agency assistance.
Examples of Substantially Rehabilitated in a sentence
For SAIL Developments which contain occupied units to be Substantially Rehabilitated, the Compliance Period shall begin not later than 60 days from the termination of the last annual lease in effect at the time of closing of the SAIL loan.
More Definitions of Substantially Rehabilitated
Substantially Rehabilitated means rehabilitation in which the value of the rehabilitation constitutes 25% of the after-rehabilitation value of the dwelling unit(s). Originally, under AB 1290, the rehabilitated units to be included in this calculation consisted of all one- and two-unit complexes that have undergone substantial rehabilitation with CIC assistance, and all
Substantially Rehabilitated means rehabilitation, the value of which constitutes twenty-five percent (25%) of the after rehabilitation value of the dwelling, inclusive of land value. (CCRL Section 33413 (2) (A) (iv)).
Substantially Rehabilitated means multi-family rented dwelling units with three or more units, single family dwelling units rehabilitated with Agency assistance where such rehabilitation constitutes at least twenty-five percent of the after-rehabilitation value of the dwelling unit, inclusive of land value.
Substantially Rehabilitated means that the qualified
Substantially Rehabilitated means rehabilitation, the value of which constitutes 25 percent of the after rehabilitation value of the dwelling, inclusive of the land value.