244.2110. - Definitions.
The following words and phrases used in this article shall have the meanings set forth
below:
Affordable housing building means a multiple-family rental housing building having five (5) or more dwelling
units where at least twenty (20) percent of the units rent for an amount that is affordable
at no more than thirty (30) percent of income to households at or below sixty (60)
percent of area median income, as most recently determined by the United States Department
of Housing and Urban Development for Low Income Housing Tax Credit (LIHTC) purposes,
as adjusted for household size and number of bedrooms.
Affordable housing dwelling unit means a rental dwelling unit in an affordable housing building that rents for an
amount that is affordable to households at or below sixty (60) percent of area median
income, as most recently determined by the United States Department of Housing and
Urban Development, as adjusted for household size and number of bedrooms.
Available for sale means the earliest implementation of any of the following actions, including, but
not limited to, negotiating to enter into a purchase agreement that includes the affordable
housing building, advertising the sale of the affordable housing building, entering
into a listing agreement to sell the affordable housing building, or posting a sign
that the affordable housing building is for sale.
Cause means the tenant or a member of the tenant's household materially violated a term
of the lease.
Relocation assistance means a payment in the amount equal to three (3) months of the current monthly contract
rent.