Current through the 2024 Fourth Special Session
Section 35A-8-2201 - DefinitionsAs used in this part:
(1) "Commission" means the Commission on Housing Affordability created in Section 35A-8-2202.(2) "Housing affordability" means the ability of a household to occupy a housing unit paying no more than 30% of the household's income for gross housing costs, including utilities.(3) "Moderate income housing unit" means a housing unit where a household whose income is no more than 80% of the area median income is able to occupy the housing unit paying no more than 30% of the household's income for gross housing costs, including utilities.(4) "Replacement unit" means a moderate income housing unit that:(a) is comparable in quality to a permanently vacated or destroyed moderate income housing unit;(b) meets state and local health and housing codes;(c) is comparable to the permanently vacated or destroyed moderate income housing unit in number of bedrooms and square footage; and(d) is located, to the extent practicable, in the same political subdivision as the permanently vacated or destroyed moderate income housing unit.Amended by Chapter 268, 2020 General Session ,§ 1, eff. 5/12/2020.Added by Chapter 392, 2018 General Session ,§ 1, eff. 5/8/2018.Affected by 63I-1-235 on 7/1/2023