Vacancy Rate means percentage of vacant affordable units in the Application’s market area or in the property.
Vacancy Rate means the greater of: (i) actual vacancy, or (ii) 5%, as determined by Lender. Units occupied by employees and model units will be deemed occupied for purposes of calculating the Vacancy Rate.
Vacancy Rate means a percent calculated by dividing the number of unfilled FTEs at the end of a hospital’s reporting period by the sum of the unfilled FTEs and filled FTEs at the end of the hospital’s reporting period.
Examples of Vacancy Rate in a sentence
Vacancy Rate – The number of vacant units versus the total number of units within a building.
Management Fee– 5-7% of “effective gross income” (gross income for all units less Vacancy Rate).
The Market Vacancy Rate for the Primary Market Area rental housing stock by population served (i.e. market rate, Low Income Housing Tax Credit, and Project Based Rent Assistance) and type of occupancy (i.e. family, seniors, special populations) and unit size.
MBOH will evaluate Operating Expenses and Vacancy Rate underwriting assumptions for all Projects for reasonableness, taking into account the type of housing, unit sizes, intended target group of the housing and the location of the Project within the area of the state and the community.
Provide an estimate of the Market Vacancy Rate for the PMA rental housing stock by population served (i.e. market rate, Low Income Housing Tax Credit, and Project Based Rent Assistance) and type of occupancy (i.e. family, seniors, special populations) and unit size.
More Definitions of Vacancy Rate
Vacancy Rate means the percentage of residential structures that have been uninhabited for 6 months or more within a given jurisdiction.
Vacancy Rate means the vacancy percentage calculated in a Residential Program’s operating budget that reflects the vacant days available per month without impact on funding.
Vacancy Rate means the ratio consisting of the total number of female COs working at WHV in either the E-9 classification or the E-8 classification with at least four months of continuous service hours, divided by the product of the number of bona fide occupational qualification (“BFOQ”) positions described on the WHV Custodial Staffing Sheet and the MDOC shift relief factor.
Vacancy Rate means the number of vacant year-round dwelling units divided by the total number of year-round dwelling units in the unincorporated area.
Vacancy Rate means the Private Row (Townhouse) and Apartment Vacancy Rate for the City of Mississauga, as reported by the CMHC in the most current annual survey. PART II – SCOPE 2. This By-law shall apply to all Residential Rental Properties in the City containing six or more Dwelling Units and all Related Planning Applications. 3. Notwithstanding section 2, this By-law does not apply to a Residential Rental Propertythat is: (1) a condominium governed by the Condominium Act, 1998; or (2) organized as a Life Lease Project; or(3) described in section 5 (Exemptions from Act) of the Residential Tenancies Act, 2006 other than subsection 5(c), a member unit of a non-profit housing co-operative; or (4) described in section 7 (Exemptions related to social, etc., housing) of theResidential Tenancies Act, 2006. PART III – DEMOLITION & CONVERSION PROHIBITED WITHOUT A PERMIT Demolition 4. No person shall Demolish, or cause to be demolished, the whole or any part of a Residential Rental Property unless the person has received a Section 99.1 Permit and except in accordance with the terms and conditions of the Section 99.1 Permit. Conversion 5. No person shall Convert a Residential Rental Property, or cause a Residential Rental Property to be converted, to a purpose other than a Residential Rental Property unless the person has received a Section 99.1 Permit and except in accordance with the terms and conditions of the Section 99.1 Permit.When Permit Not Required 6. Notwithstanding Sections 4 and 5, a Section 99.1 Permit is not required if only a part of a Residential Rental Property is proposed for Demolition or Conversion and that part does not contain any part of a Dwelling Unit. 7. Notwithstanding Section 5, a Section 99.1 Permit is not required if a Residential Rental Property is subject to an application for a consent to sever under section 53 of the Planning Act and if after the proposed conveyance: (1) Each parcel of land resulting from the severance will have six or more Rental Units; or (2) One or more parcels of land resulting from the severance will have six or more Rental Units and all the other parcels of land at the time of the application contained no Dwelling Units. PART IV – APPLICATION FOR SECTION 99.1 PERMIT 8. (1) An owner, or their authorized agent, who wishes to Demolish or Convert a Residential Rental Property shall submit an application for approval in writing on a form prescribed by the Commissioner, and shall supply any additional information or documentati...
Vacancy Rate means the surface area available for rent relative to the total surface area of the property;