Examples of Eligible Household in a sentence
The Affordable Sales Price will be the absolute maximum price that ARD or any other seller may receive as compensation for the sale of a Moderate-Income Unit to an Initial Eligible Household.
Where one Inclusionary Unit is provided in a development under this article, the Inclusionary Units required to be offered for rental shall be provided to an Eligible Household with a median income of not more than 80 percent of the median income for households in the DHCD designated statistical area that290:43 Final Draft, Feb 2024 § 290-3-0.2 CARVER CODE § 290-3-0.4includes the Town at the time of rental of Inclusionary Units and adjusted for household size.
In the event that turnover results in a reduction in the number of Eligible Households below the number required herein, the Declarant shall make available the next vacant non-Workforce Housing unit to an Eligible Household until the requirements are again met.
Borrower shall rent the Assisted Units to any Eligible Household according to the tenant selection plan.
If the household size of an Eligible Household changes, Borrower shall provide the Lender with the additional income documentation to determine eligibility.