As used in this article, the following terms shall have the meanings indicated:
A for-purchase housing unit that is affordable to a household whose income does not exceed 80% of the area median income (AMI) for Westchester as defined annually by the U.S. Department of Housing and Urban Development (HUD) and for which the annual housing cost of a unit including common charges, principal, interest, taxes and insurance (PITI) does not exceed 33% of 80% AMI, adjusted for family size, and that is marketed in accordance with the requirements, policies and protocols established by the County of Westchester, as amended from time to time.
A rental unit that is affordable to a household whose income does not exceed 60% AMI and for which the annual housing cost of the unit, defined as rent plus any tenant paid utilities, does not exceed 30% of 60% AMI adjusted for family size and that is marketed in accordance with the requirements, policies and protocols established by the County of Westchester, as amended from time to time.
A 10% development is a residential development meeting the requirements of § 310-108A.