Household annual income definition

Household annual income means the aggregate annual income of all persons over 18 years of age residing within the same household for a period of at least four months.
Household annual income means the aggregate annual income of all persons over 18 years of age residing in the same household.
Household annual income means the sum of the total anticipated income for each Household member during the 12-month period commencing with the date of initial occupancy, as further described in Chapter 3 of this Guide.

Examples of Household annual income in a sentence

  • Household Annual Income Tenant income must be calculated in a manner consistent with the determination of income under Section 8 of the United States Housing Act of 1937.

  • Total Household Annual Income (I plus II from above): + = $ The undersigned hereby certify that the information set forth above is true and correct.


More Definitions of Household annual income

Household annual income means the sum of all taxable incomes of persons forming a household, being the amount identified as taxable income on the most recent income tax return (line 260 of the income tax T1 General Form), of all the individuals 15 years and older that reside together in that Household in an Affordable Rental Unit;
Household annual income means the household's gross annual income.

Related to Household annual income

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Average Annual Debt Service means, at the time of calculation, the sum of the Annual Debt Service for the remaining years of the loan to the last scheduled maturity of the loan divided by the number of those years.