§ 12-67. Definitions.

The following words, terms and phrases, when used in this division, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning:

Act means the state housing development authority act, Public Act No. 346 of 1966 (MCL 125.1401 et seq.).

Annual shelter rents means the total collection during an agreed annual period from all occupants of the housing development representing rent or occupancy charges, exclusive of charges for gas, electric or other utilities furnished the occupants.

Authority means the Michigan State Housing Development Authority.

Contract rents are defined by the U.S. Department of Housing and Urban Development in regulations promulgated pursuant to the U.S. Housing Act of 1937, as amended.

Elderly means a single person who is 55 years of age or older or a household in which at least one member is 55 years of age and all other members are 50 years of age or older.

Housing development means a development which contains a significant element of housing for persons of low to moderate income and such elements of other housing, recreational, communal and educational facilities as the authority determines improves the quality of the development as it relates to housing for persons of low to moderate income. Northland Meadow is of this type. In all cases the development is subject to the provisions of chapter 46, pertaining to zoning.

HUD means the Department of Housing and Urban Development of the United States Government.

Mortgage loan means a loan to be made by the authority to the sponsor for the construction and/or permanent financing of the housing development.

Persons and/or families of low to moderate income means any person or family eligible to move into a housing development, including elderly persons or families, as defined in the act.

Sponsor means Northland Meadow Limited Dividend Housing Association Limited Partnership, which has applied to the authority for a mortgage loan to finance a housing development.

Utilities means fuel, water, sanitary sewer service and/or electrical service which are paid by the housing development.

(Ord. No. 2006-12, § 1(1.76), 8-7-2006)