Ossining, N.Y., Code of Ordinances ch. 62 (eCode360 ed. 2026) § 62-2

As used in this chapter, the following terms shall have the meanings indicated: ADDITIONAL DENSITY BONUS The unit count of additional density permitted in a residential development shall equal 5% of the maximum market rate unit count approved by the Planning Board that proposes to include 10% low-income housing units as defined in § 62-2 herein, for a total of 15% additional density. For example, a market rate unit count of 20 would result in three units of additional density for two units of low income housing. AFFORDABLE HOUSING RULES AND REGULATIONS Document promulgated, adopted and as amended from time to time by the Village Board that outlines the procedures of the Village of Ossining affordable housing program. AFFORDABLE HOUSING UNITS Affordable units created pursuant to the set-aside requirement of 10% shall be priced at households which meet the criteria of 80% or less of the Westchester County median income as determined by the Department of Housing and Urban Development (HUD) annually. Where a project is presented to the Board of Trustees proposing for-purchase housing, the Board of Trustees may authorize a higher median income percentage to be consistent with governmental financing programs, including but not limited to the Affordable Home Ownership Program (AHOP) of the New York State Division of Homes and Community Renewal. DENSITY BONUS The unit count of additional density permitted in a residential development shall equal 10% of the maximum market rate unit count approved by the Planning Board which proposes to include 10% affordable housing units as defined in § 62-2 herein. For example, a market rate count of 20 would result in two units of additional density for two units of affordable housing. LOW INCOME Annual household income which does not exceed 60% of the Westchester County median income as determined by HUD annually and whose combined annual rental cost and tenant-paid utilities do not exceed 30% of said income, or for homeowners (single-family, residential condominium or residential cooperative apartment), the annual total of the sum of secured loan principal and interest, private mortgage insurance, property taxes, home insurance, common charges and homeowner-paid utilities does not exceed 30% of said household income. MARKET RATE Dwelling units in single-family, residential condominium and residential cooperative apartment buildings which are purchased or rented for residency by the owner thereof at market rate purchase prices, without governmental or other subsidy to such owner. MEDIAN INCOME Annual household income which does not exceed 100% of the Westchester County median annual income for its household size (based on U.S. Census and as updated by HUD). PURCHASE HOUSING Dwelling units in single-family, residential condominium and residential cooperative apartment buildings which are purchased for residency by the owner thereof. RENTAL HOUSING Dwelling units in single-family, two-family, multifamily, residential condominium and residential cooperative apartment buildings which are rented for residency by the tenant thereof. RESIDENTIAL DEVELOPMENT A residential or mixed-use development involving the construction of six or more new dwelling units, including subdivisions. RESIDENTIAL DEVELOPMENT APPLICATION An application for final subdivision, site plan or special permit approval which proposes the construction of six or more new dwelling units in the Village. SUBSTANTIAL REHABILITATION Any building that is reconstructed or restored or structurally altered, the cost of same equals or exceeds 50% of its assessed value.