What is the Definition of Occupancy?

Occupancy

Noun

Definition: Annual occupancy expressed as a percentage, based on the ratio of total occupied rooms to total available rooms.

Pages that Mention Occupancy

FHA Emergency Capital Repair Program


This program provides private nonprofit owners of eligible developments designated for occupancy by elderly tenants with grants to make emergency capital repairs. The capital repair needs must be related to items that present an immediate threat to the health, safety, and quality of life of the tenants.

Other Definitions