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HOW DO I CHOOSE A BUILDING TYPE?
It is possible that your property may, by definition, fall into more than one building type category. For example, your property may be considered both “vintage” and “low‐ rise/garden” per the definitions (provided below).
When this happens, it is up to you to select which type you would like to compete under. Whichever one you select, you will have to compete under the same type throughout the competition this year. In other words, a property may not compete in both a vintage and low‐rise/garden category in the same year.
DEFINITIONS
- Vintage: Any property built in or before 1972.
- Low‐Rise/Garden: Any property with four (4) or fewer floors.
- Mid‐Rise/Hi‐Rise: Any property with five (5) or more floors (starting at the ground floor).
- Affordable: Any property with 100% of units qualifying under the programs administered by a local regulatory agency such as HUD, IHDA or other public housing authorities. For example: project‐based section 8, Housing Choice Voucher program and low‐income tax credits.
- Build Date: The build date refers to the date the building received its first certificate of occupancy. If your building was built in 2 phases, the date of the oldest building’s certificate of occupancy is the date that you should use.