Detroit — Ch. 22 Art. II Affordable Housing Notification Requirements § 22-2-2

For purposes of this article, the following words and phrases shall have the meaning respectively ascribed to them by this section:
Affordable means, as generally defined by the U.S. Department of Housing and Urban Development, housing for which the occupants are paying no more than 30 percent of their income for gross housing costs, including utilities.
Affordable housing development means any multi-family dwelling available for rent or lease that is in receipt of a government-funded loan, grant, tax abatement, tax incentive, rent subsidy, or other subsidy from any federal, state, or local governmental body or agency and whose rent levels or tenant-rent payments are restricted as a result of the receipt thereof, so as to be affordable to low- and moderate-income households.
Affordable housing restriction means any multi-family dwelling available for rent or lease whose rent levels or tenant-rent payments are restricted as a result of the receipt of government contractual arrangement, financial loan, assistance or subsidy, so as to be affordable to low- and moderate-income households.
Area Median Income means the median family income for the Detroit-Warren-Livonia Metropolitan Statistical Area as published by the U.S. Bureau of Census and the U.S. Department of Housing and Urban Development.
Expiration means to bring to an end or to conclude any agreement, government-funded loan, tax abatement, tax incentive, or other subsidy from any federal, state, or local governmental body or agency under the terms provided to conclude the transaction at its original or renewed ending date.
Low income means a household whose income does not exceed 80 percent of the Area Median Income, as determined by the U.S. Department of Housing and Urban Development, with adjustments for smaller or larger families.
Moderate income means a household whose income is more than 80 percent and not more than 95 percent of Area Median Income, as determined by the U.S. Department of Housing and Urban Development, with adjustments for smaller or larger families.
Multi-family dwelling means a structure, located on a single lot, containing three or more dwelling units each of which is designed for, or occupied by, one family only, with separate housekeeping and cooking facilities for each.
Planned termination means to bring to an end, conclude or extinguish any agreement, government-funded loan, tax abatement, tax incentive, or other subsidy from any federal, state, or local governmental body or agency under the terms provided, by expiration, prepayment or other method to conclude the transaction prior to its original ending date, including the failure to renew or terminate the contract for business reasons.
Unplanned termination means to bring to an end, conclude or extinguish any agreement, government-funded loan, tax abatement, tax incentive, or other subsidy from any federal, state, or local governmental body or agency under the terms provided due to foreclosure action or failure to meet physical inspection standards.