Target Rent definition

Target Rent means the amount specified as the target rent in the Property Schedule;
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Target Rent means a rent which does not exceed Homes England’s target rent levels in place at the time of the grant of the relevant tenancy agreement for the relevant Social Rented Units PROVIDED THAT if Homes England’s target rent system shall cease to operate or shall not have been revised in the year of the date of the grant of the relevant tenancy agreement then the target rent shall be such level of rent as may be approved in writing by the Council.
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Target Rent means the rent which is derived by applying the formula set out in the Housing Corporation's publication "Rent Influencing Regime - implementing the rent restructuring framework" (October 2001) that will be applied to each completed unit and subject to the rent review arrangements provided in the annually published guidance of Homes England (as the successor to the Housing Corporation and HCA) or such equivalent measure of rental affordability as may be published or agreed instead by the Homes England or the District Council or as agreed between the AHP and the District Council
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Examples of Target Rent in a sentence

  • The Target Rent Bands are suspended for the time being following discussions with WLGA and CHC due to the disruption of data collection caused by the coronavirus pandemic.

  • Rents on Transfers :Existing Octavia general needs assured tenants requesting a transfer ( except those identified as Affordable Rent – see Section C) will enter into a new Assured Tenancy for their new home with a starting rent of the Target Rent for their new property (see Appendix 1),except if this is higher than either (a) the Government Rent Cap for the property ( see Appendix 1) ,when the Cap will apply, or (b) the Affordable Rent ( see section C), when the Affordable Rent will apply.

  • Tenants know to search for units at or below the Target Rent amount.

  • The information refers to the periods ended at September 30, 2021, 2020, 2019, 2018 and 2017: 09.30.202109.30.202009.30.201909.30.201809.30.2017(*)Liquidity (*)0.3270.6200.9201.8001.430Solvency (**)0.7820.7300.7800.7700.590Immobilization of capital0.9290.8900.8500.8300.770Cost effectiveness(0.013)(0.120)0.1100.0600.340 (*) Amounts not restated per inflation as per General Resolution 777/2018.(**) Current liabilities and non-current liabilities do not include deferred profits.

  • RegisteredProviderSchemeNo:RentGrant perunitSocialRentGrant£ *Rents are below Affordable Rent but above Social Target Rent.


More Definitions of Target Rent

Target Rent means the target rent published by the Authority from time to time as being the maximum permitted rent for the Affordable Dwelling (based upon the target rents charged by other housing associations
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Target Rent means target rents for Social Rented Housing (or its equivalent) as determined through the rent standard and published from time to time by the regulator of social housing (or such other body as may replace the regulator, having responsibility for setting target rents for social housing).
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Target Rent shall have the meaning given such term in the Rent Addendum.
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Target Rent means a rent which does not exceed Homes England’s target rent levels in place
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Target Rent the rent for Social Rented Dwellings as determined by the national rent regime published by the Regulator or any subsequent replacement or where there is no such replacement at a rent determined by the Council
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Target Rent means the rent which is derived by applying the formula set
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Target Rent means the maximum rent that can be charged for the Affordable Dwelling at any particular time. Details as to the mechanism for calculating the Target Rent (which may change from time to time) can be obtained on request from the Authority)
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