(a) The terms used herein shall have the same meaning ascribed to them in the Loudoun County Zoning Ordinance, unless otherwise defined herein. As used in this chapter:
(1) The term "ADU Program" refers to the program established by Article 7 of the Loudoun County Zoning Ordinance, as amended, and regulated by this chapter.
(2) The term "ADU rental control price" refers to the County-wide rental control price of ADUs established initially and semiannually thereafter by the Affordable Dwelling Unit Advisory Board ("ADUAB").
(3) The term "ADU sale control price" refers to the County-wide sale control price of ADUs established initially and semiannually thereafter by the ADUAB.
(4) The term "Board" refers to the Loudoun County Board of Supervisors.
(5) The term "certified purchaser" or "certified tenant", us applicable, refers to a person who has met the income criteria established by Article 7 of the County Zoning Ordinance and has received a certificate of qualification from the Department of Family Services, Housing and Community Development Division, or such other department or division as the Board may hereafter designate.
(6) The term "County" refers to the County of Loudoun, Virginia.
(7) The term "Department" refers to the Department of Family Services. Housing and Community Development Division, or such other department or division as the Board may hereafter designate.
(8) The term "development" refers to the property subject of an approved rezoning. special exception, site plan, or subdivision.
(9) The term "judicial sale" refers to the sale of an ADU under the authority and supervision of a federal or state court with jurisdiction in the County.
(10) The term "Loudoun County Zoning Ordinance" or "County Zoning Ordinance" refers to the Zoning Ordinance of Loudoun County, as amended.
(11) The term "non-judicial foreclosure sale" refers to the sale of an ADU pursuant to the foreclosure of a lien secured by a deed of trust, a deed-in-lieu of foreclosure, a foreclosure sale performed by a trustee, or an assignment of the insured mortgage to the United States Department of Housing and Urban Development or to the Virginia Housing Development Authority.
(12) The term “qualified nonprofit” refers to a nonprofit entity whose purpose is to further the provision of affordable housing in the County, which has Internal Revenue Code 501(C)(3) status, adequate cash flow/reserves to purchase property, expertise in property management, and is so designated by the Board.
(13) The term “resale” refers to the sale of an ADU after its initial sale and refers to the voluntary sale of an ADU by its owner subsequent to the initial purchase of such ADU and to the judicial sale of an ADU.
(14) The term “transfer” refers to the sale, resale or non-judicial foreclosure sale of an ADU, and any other form of acquisition of ownership over an ADU.
(Ord. 99-07. Passed 6-16-99; Ord. 19-13. Passed 7-10-19.)