Extremely Low Sample Clauses

Extremely Low. Income Households (“Extremely Low-Income Households”) that do not exceed the following: i) the qualifying limits for Extremely Low Income Households as established and amended from time to time by the United States Department of Housing and Urban Development (HUD) or ii) the limits defined under California Health and Safety Code Section 50105 for Extremely Low-Income Households, as adjusted for households size. In order to maintain the household income mix set forth in Section 4 above, Developer shall lease the next available Affordable Unit at the income level subject to the any waiver granted pursuant to this section. Developer shall re-apply for approval to vary from such designation, in the event Developer is unable to again lease an Affordable Unit at the designated income level.

Extremely Low. Income Households or Very Low Income Households, as applicable, who have applied for and have received rental vouchers from Authority;

Extremely Low. Income Targeting; 3) Exceeding the LMI Requirement; 4) Serving Persons with Disabilities; and 5) Leveraging of Public and Private Financing. The Magnolia Station development project as proposed does meet the Low-Moderate Income National Objective. The Magnolia Station development project will meet the Low-Moderate Income Housing Activity Criteria as an eligible activity carried out for the purpose of providing or improving permanent residential structures which will be occupied by low and moderate-income households. The proposed Magnolia Station development will provide 32 out of 44 total units to households with incomes of 80% of Area Median Income or below. These restricted units represent 73% of the total units within the development.

Extremely Low. Income Targeting; and 3) exceeding the LMI requirement. The proposed location meets the census tract poverty requirements, however the census tract has not been designated an Opportunity Zone. The Danbury Manor Apartments development project as proposed does meet the Low-Moderate Income National Objective. The Danbury Manor Apartments development project will meet the Low-Moderate Income Housing Activity Criteria as an eligible activity carried out for the purpose of providing or improving permanent residential structures which will be occupied by low and moderate-income households. The proposed Danbury Manor Apartments development will provide 48 out of 48 total units to households with incomes of 80% of Area Median Income or below. These restricted units represent 100% of the total units within the development.