Adjusted Income definition

Adjusted Income means, with respect to a HOME Development, the gross income from wages, income from assets, regular cash or noncash contributions, and any other resources and benefits determined to be income by HUD, adjusted for family size, minus the deductions allowable under 24 CFR §5.611.
Adjusted Income means unadjusted income as modified by Sections 59-7-105 and 59-7-106.
Adjusted Income means the adjusted income of a person (together with the adjusted income of all persons who intend to reside with such person in one residential unit) as calculated in the manner prescribed in the Code as of the Delivery Date.

Examples of Adjusted Income in a sentence

  • The accurate calculation of Annual Income and Adjusted Income will ensure that families are not paying more or less money for rent than their obligation under the Regulations.

  • These requirements and PHA policies for calculating annual income are found in Part I.• Part II: Adjusted Income.

  • A Standard Rating in Adjusted Income will result in an overall Standard Performer Rating.

  • The Hardship TTP is calculated based on 30% of this Monthly Adjusted Income, plus an additional $25 for each successive annual re-examination.

  • Adjusted Income is defined as the Annual income minus any HUD allowable expenses and deductions.


More Definitions of Adjusted Income

Adjusted Income means the amount determined by subtracting income deductions from countable (see section (18) of this rule) income (see OAR 461-140-0010). Specific rules on the deductions are in OAR chapter 461, division 160.
Adjusted Income means income minus any deductions allowable
Adjusted Income means income minus any deductions allowable by
Adjusted Income means the income for all household members after deductions for household medical expenses as described in OAR 411-032- 0044.
Adjusted Income means the adjusted income of a person (together with the adjusted income of all persons who intend to reside with such person in one residential unit) calculated pursuant to Section 142(d)(2)(B) of the Code.
Adjusted Income. The adjusted income of a person who intends to reside in a residential unit (together with the adjusted income of all persons the age of 18 years or older who intend to reside with such person in one residential unit) as calculated in the manner prescribed in Regulation Section 1.103-8.
Adjusted Income means the amount determined by subtracting income deductions from countable income (see OAR 461-140-0010). Specific rules on the deductions are found in division 461-160.