Average income definition

Average income means an income that complies with income restrictions determined at the advice and consent of the Oregon Housing Stability Council, but not to exceed the greater of 100 percent of the statewide or local area median income adjusted for household size as determined annually by the Housing and Community Services Department using United States Department of Housing and Urban Development information.
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Average income. , in relation to an applicant, means one twenty-sixth of the aggregate of-
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Average income means the gross revenues minus telephone bills and commissions (assuming dial-around compensation is based on the state of the law existing prior to September 20, 1996) for the Seller Phones; provided that (a) for Seller Phones installed on or prior to September 30, 1996, the Average Income shall be measured from January 1, 1996 (or, if later, the date of installation) through December 31, 1996 and (b) for Seller Phones installed after September 30, 1996, the Average Income shall be measured from the date of installation through April 30, 1997.
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Examples of Average income in a sentence

  • Such pits and trenches shall be securely sheeted and braced in accordance with all laws and regulations.Boring and jacking operations shall not interfere with the operations of railroads, streets, highways, or other facilities.The casing to be jacked shall be set on guides for support and to direct the casing in the appropriate line and grade.

  • Average income, consumption and wealth are meaningful statistics, but they do not tell the whole story about living standards.

  • Average income grew by 2.0% per year, a performance that at 41st ranked well below the median of this set of countries.

  • To be considered Single Room Occupancy (SRO) housing, the application shall meet the following additional threshold requirements: (A) Average income is no more than forty percent (40%) of the area median income; (B) SRO units are efficiency units that may include a complete private bath and kitchen but generally do not have a separate bedroom, unless the configuration of an already existing building being proposed to be used for an SRO dictates otherwise.

  • SRO project • Average income is no more than forty percent (40%) of the area median income; • SRO units are efficiency units, which may include a complete private bath and kitchen but do not have a separate bedroom, unless the configuration of an already existing building being proposed to be used for an SRO dictates otherwise.

  • Applicant’s NameMonthly Average income for past 6 months:Applicant’s Spouse NameMonthly Average Income for past 6 months:Current Savings (eg.

  • Fixed Deposit):Applicant’s Father NameMonthly Average income for past 6 months:Applicant’s Mother NameMonthly Average Income for past 6 months:Current Savings (eg.

  • Average income seems to be around US$ 30 - not much different from the official minimum urban wage.

  • Average income among EM households is only equal to one sixth of the national average.

  • Average income is computed for each possible combination of age and education groups.

Related to Average income

  • 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.

  • Average weekly discharge limitation means the highest allowable average of "daily discharges'' over a calendar week, calculated as the sum of all "daily discharges'' measured during a calendar week divided by the number of "daily discharges'' measured during that week. Each of the following 7-day periods is defined as a calendar week: Week 1 is Days 1 - 7 of the month; Week 2 is Days 8 - 14; Week 3 is Days 15 - 21; and Week 4 is Days 22 - 28. If the "daily discharge" on days 29, 30 or 31 exceeds the "average weekly" discharge limitation, Ohio EPA may elect to evaluate the last 7 days of the month as Week 4 instead of Days 22 - 28. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Adjusted gross income means that term as defined in section 62 of the internal revenue code of 1986.