Over Income Households Sample Clauses

Over Income Households. The parties to this Lease Addendum agree that the following rent restrictions apply for over income households: if the household income exceeds 80% of Area Median Income (AMI) as published by HUD while residing in a CDBG assisted unit, the rents will no longer be based on 80% of Area Median Income rent limits, instead, upon the next annual recertification, the resident will be required to pay 30% of their adjusted income for rent.
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Over Income Households. (i) Intentionally Omitted
Over Income Households. The parties to this Lease Addendum agree that the following rent restrictions apply for over income households: if the household income exceeds 80% of Area Median Income (AMI) as published by HUD while residing in a HOME assisted unit, the rents will no longer be based on the HOME rent limits, instead, upon the next annual recertification, the resident will be required to pay 30% of their adjusted income for rent. The signatures below certify that the offer of a one-year lease term has been extended by the owner and if any other lease terms are available, they have been disclosed at time of the initial lease agreement. The owner and tenant agree that the rental lease term has been agreed upon and accepted by both parties. _________________________________________ _________________________________________ Tenant Date Tenant Date _________________________________________ Owner/Agent Date NYS HOME Program Small Rental Development Initiative (SRDI)
Over Income Households. If any unit is leased to a Low-Income Household but such household ceases to be a Low-Income Household during its tenancy, provided that such household shall remain subject to the terms and requirements of the HAP Contract, the PBV Program and its residential lease.
Over Income Households. Public Housing Authorities are vested by HUD with the discretion to terminate assistance to over income households and in doing so thereby making units available for applicants who are income-eligible. CMHA is committed to keeping a balanced approach to having mixed income communities and diversity within its communities. Lease termination is considered when the total household income is over 80% AMI income. In making its decision to terminate the lease, the CMHA will exempt the following families from termination when it is solely based upon their status as an over income individual or family.
Over Income Households 

Related to Over Income Households

  • Estimated Number of Participating Households Approximately 6,460. This figure is based on loans with unpaid principal balances ranging from $200,000 to $400,000 with an average funding of $5,000.00.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • LIVING AWAY FROM HOME ALLOWANCE 27.1 For the purpose of this Clause, a “distant project” is one where the location of the “on-site project work” is such that because of its distance or because of the travelling facilities available to and from the location, it is reasonably necessary for an employee to live and sleep at some place other than his/her usual place of residence.

  • Minimum Net Income The Borrower will maintain, during each period described below, its Net Income, determined as at the end of each quarter, at an amount not less than the amount set forth opposite such period (numbers appearing between “( )” are negative): Period Minimum Net Income Six months ending June 30, 2002 ($1,049,000) Nine months ending Sept. 30, 2002 ($665,000) Twelve months ending Dec. 31, 2002 ($600,000) "

  • Overtime Meals When employees are required to work more than two (2) hours beyond their regular work days, the Employer will provide hot meals at no cost to the employees, up to a maximum of sixteen dollars ($16.00) (receipts to be submitted) plus paid meal periods of one-half (1/2) hour at the prevailing rate and thereafter at four (4) hour intervals. Any early morning start before regular starting time is entitled to a paid meal. The breakfast limit is thirteen dollars ($13.00) (receipts to be submitted). Employees called out on overtime shall be paid for meals as above, after four (4) hours work.

  • Productivity Allowance A productivity allowance per hour worked will be paid to employees engaged upon construction work from the date of agreement. This allowance will not be subject to penalty addition and shall be in lieu of all or any Parent Award disability allowances, with the exception of the multi-storey allowance. Site/Project Allowances will be paid in addition to the productivity allowance where such an addition is either:

  • Overtime Meal Allowance ‌ An employee who works two and one-half hours of overtime immediately before or following his/her scheduled hours of work shall receive a meal allowance of seven dollars. One-half hour with pay shall be allowed the employee in order that he/she may take a meal break either at or adjacent to his/her place of work.

  • Persons Having Access to Assets of the Portfolios Notwithstanding anything to the contrary contained in this Agreement, no Authorized Person, Trustee, officer, employee or agent of any Fund shall have physical access to the assets of any Portfolio of that Fund held by the Custodian nor shall the Custodian deliver any assets of a Portfolio for delivery to an account of such person; provided, however, that nothing in this Section 3.03 shall prohibit (a) any Authorized Person from giving Proper Instructions, or any person authorized to issue Special Instructions from issuing Special Instructions, so long as such action does not result in delivery of or access to assets of any Portfolio prohibited by this Section 3.03; or (b) each Fund's independent certified public accountants from examining or reviewing the assets of the Portfolios of the Fund held by the Custodian. Each Fund shall deliver to the Custodian a written certificate identifying such Authorized Persons, Trustees, officers, employees and agents of such Fund.

  • Mileage Allowance 1. The mileage allowance is forty-four cents ($.44) per mile, or the federal rate whichever is less.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

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