The phrase "affordable requirement" is not commonly used in written English and may cause confusion.
It could be used in contexts discussing conditions or criteria that are financially accessible or reasonable.
Example: "The affordable requirement for this housing project ensures that low-income families can qualify for assistance."
Alternatives: "cost-effective criterion" or "budget-friendly condition".
They might add that imposing a 50% affordable requirement will only deter such investment and, indeed, housing investment of all kinds.
An issue raised by a 50% affordable requirement, the minimum set out by Khan for the Kidbrooke site, is that TfL will get less from the development of the land in this way than they would have were the "affordable" proportion lower.
"If, however, it's coupled with reducing affordable requirements, that's a way to do it where everybody wins".
In 2007, she pushed for increases in the existing Affordable Requirements Ordinance.
This is not an affordable base requirement to insist on from freelancers.
In February 2012, after Levy had sought to move his club out of Tottenham by challenging West Ham for occupation of the Olympic Stadium, Haringey agreed to release Spurs from the £16m commitment to local infrastructure and the 50% affordable housing requirement.
The success of the G15 group of housing associations in securing a 30percentt affordable housing requirement in new developments provides a dramatic contrast with efforts in the United States.
Government subsidies, non-profit development capacity, and a 30percentt social inclusion or affordable housing requirement, on all new development, is London's answer to reversing the declining population of working families from communities where generational ties run deep.
Developers who successfully argue that a council's affordable housing requirements make a project "commercially unviable" will see the requirements removed.
Last week, however, the ambitious deal -- which would have provided financing for affordable-housing projects, and would also have helped developers by subsidizing an affordable-housing requirement -- came apart after running into opposition from an unlikely source: Mayor Gavin Newsom, the Democratic nominee for lieutenant governor.
