Workforce Unit definition

Workforce Unit means a Residential Unit that is: (i) required pursuant to the DDA, (ii) subject to a deed restriction related to the affordability of the Residential Unit or income restrictions for its occupants, and (iii) is approved by the Successor Agency as an affordable housing unit priced for sale or lease with an AMI Percentage equal to a minimum of 140% and a maximum of 160%.
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Workforce Unit means an RDU that is considered to be for workforce housing as specified in Exhibit “H”.
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Workforce Unit means a Unit for which the rental charge or purchase price is Affordable with an AMI Percentage that is equal to a minimum of one hundred twenty-one percent (121%) and a maximum of one hundred sixty percent (160%).
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Examples of Workforce Unit in a sentence

  • The initial amount of contributions to a homeowners association required to be made by a purchaser of an Inclusionary Unit or a Workforce Unit, as applicable, (the “BMR Association Dues”) shall not be increased for a period of one year following the date that fifty one percent (51%) of all of the Units in the Residential Project have been sold to an Owner/Occupant.

  • The Developer shall not disclose to persons, other than the potential buyer, renter, or lender of a Workforce Unit, which units in the Development are designated as Workforce Units.

  • In no event later than the first rental or sale of a Workforce Unit, as applicable, Vertical Developer will record against each Workforce Unit, as applicable, either (i) the Declaration of Restrictions for Rental Workforce Units, or (ii) a Declaration of Restrictions for Sale Workforce Units.

  • No Workforce Unit in any building or structure on the Property shall be occupied by the Developer, any person related to or affiliated with the Developer, or by a resident manager.

  • The Covenants shall remain in full force and effect on the Property, during the Term to assure that each Workforce Unit shall remain and be maintained as the workforce housing pursuant to Article V and successor ordinances.

  • A potential buyer/renter (“Applicant”) shall apply to the Developer, owner, manager, or agent to qualify as an eligible owner/ occupier of a for-sale Workforce Unit or as an eligible renter/ occupier of a for-rent Workforce Unit constructed pursuant to this Agreement and Article V by providing a completed copy of the Workforce Housing Family Application Form set forth in Exhibit “C”, or successor forms provided by the City.

  • Exhibit “C” shall be valid for up to one hundred eighty (180) days from the date of approval of the application by the City and must be valid at the time of occupancy of the Workforce Unit.

  • If the Workforce Unit is not occupied by the Applicant within these time frames, the Income Verification shall lapse and a new Exhibit “C” must be completed and submitted to the City for approval or rejection of the application.

  • Prior to occupancy of the Workforce Unit by the Applicant’s household members, the Developer shall submit a copy of Exhibit “C.” City shall provide the Developer and the Applicant written notice of approval or rejection of the Applicant.

  • Vertical Developers of Workforce Units shall provide the Agency with at least ninety (90) days’ prior notice to the initial rental or sale of a Workforce Unit so that the Agency can provide those holding a Certificate of Preference with advanced notice of the opportunity to purchase or rent the Workforce Unit, as applicable.


More Definitions of Workforce Unit

Workforce Unit is defined in the Below-Market Rate Housing Plan.
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Related to Workforce Unit

  • Service Unit means a standardized measure of consumption, use, generation, or discharge attributable to an individual unit of development calculated in accordance with generally accepted engineering or planning standards for a particular category of capital improvements.

  • Workforce means employees, volunteers, trainees or other persons whose performance of work is under the direct control of a party, whether or not they are paid by that party.

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;

  • Assistance unit means a cash assistance unit as defined in WAC 388-408-0005. An assistance unit is the group of people who live to- gether and whose income or resources the department counts to decide eligibility for benefits and the amount of benefits.

  • Process unit means the equipment assembled and connected by pipes and ducts to process raw materials and to manufacture either a final or intermediate product used in the onsite production of other products. The process unit also includes the purification of recovered byproducts.

  • Performance Indicators means the indicators for Project monitoring and evaluation set forth in the Operational Manual.

  • Work Unit means a specific grouping of employees that offers particular services/programming within or from a worksite where such unit exists.

  • Key Performance Indicator means a measure that captures the performance of a critical variable to expand and improve community-based corrections programs to promote offender success, ensure accountability, enhance public safety, and reduce recidivism.

  • Workforce housing means housing for sale or rent with combined rental costs

  • income-related employment and support allowance means an income-related allowance under Part 1 of the Welfare Reform Act 2007;

  • Continuous emissions monitoring system (CEMS means all of the equipment that may be required to meet the data acquisition and availability requirements of this section, to sample, condition (if applicable), analyze, and provide a record of emissions on a continuous basis.

  • System for Award Management (XXX) means the Federal repository into which an Entity must enter the information required under the Transparency Act, which may be found at xxxx://xxx.xxx.gov.

  • Stewardship means the continuing obligation to provide the necessary maintenance, management, protection, husbandry and support for a natural area and natural values associated with that area.

  • Performance Unit means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 10.

  • System for Award Management (SAM) database means the primary Government repository for contractor information required for the conduct of business with the Government.

  • Community Developmental Disability Program (CDDP means an entity that is responsible for planning and delivery of services for individuals with developmental disabilities in a specific geographic service area of the state operated by or under a contract with the Division or a local mental health authority.

  • Service Award means any Court ordered payment to Plaintiff for serving as Class Representative, which is in addition to any payment due to Plaintiff as a Settlement Class Member.

  • Control Performance Standard or “CPS” shall mean the reliability standard that sets the limits of a Balancing Authority’s Area Control Error over a specified time period.

  • Key Performance Indicators or “KPIs” means the performance measurements and targets set out in Part 3 of Schedule 1 (Services) of this Framework Agreement;

  • Intensive Care Unit means an identified section, ward or wing of a hospital which is under the constant supervision of a dedicated medical practitioner(s), and which is specially equipped for the continuous monitoring and treatment of patients who are in a critical condition, or require life support facilities and where the level of care and supervision is considerably more sophisticated and intensive than in the ordinary and other wards.

  • Company’s workforce means the persons (and the dependants of those persons) engaged whether as employees, agents or contractors in the construction and operation of the facilities to be established pursuant to approved proposals;

  • Potential Enrollee means a Medical Assistance Recipient who may voluntarily elect to enroll in a given managed care program, but is not yet an Enrollee of an MCO.

  • PSU means Public Sector Undertaking

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;