Gross annual household income definition

Gross annual household income means the gross, pre-tax income of all adult occupants of the applicant household, and as may be further defined in the BMR Rental Housing Guidelines.
Sample 1
Gross annual household income means the total before tax income of all adults (19 years and older) living in the Affordable Rental Housing unit.
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Gross annual household income means the total income of the applicant and any member of the applicant's household received each year from all sources before taxes are withheld or deductions are taken.
Sample 1

Examples of Gross annual household income in a sentence

  • Gross annual household income may be no higher than 140% of the area median income, as defined and published by the federal government.

  • Gross annual household income, before deductions: (Please attach a copy of last year’s tax return)5b.

  • Table 1: Demographic profile of the interviewed sampleState Gross annual household income from all sources The sample of participants in the research was dominated by Victorian consumers.

  • The following requirements are met: • The first-time home buyer requirement (or any permitted exception thereto); • Gross annual household income requirement; • The Principal residence requirement; • The limitation regarding Prohibited Mortgage loans; and • Acquisition Cost requirement.

  • For the case of the visitor survey we applied NHM visitor population weighting to the data.Table 6.1: Sample socio-economic characteristics Visitor survey (weighted)Visitor survey (unweighted)Online survey Male (%)Notes: Gross annual household income; averages computed using the midpoints of the income and age categories.

  • Gross annual household income limits cannot exceed limits outlined above.

  • Gross annual household income (including Social Security, wages, and all other sources) must be verified and cannot exceed the following limits, which are subject to change:2020 HOME Income LimitsFamily Size Eligible Applicants – Eligible applicants include governmental agencies, non-profit agencies, and for-profit entities.

  • For the case of the visitor survey we applied TL visitor population weighting to the data.Table 10.1: Sample socio-economic characteristics Visitor survey (weighted)Visitor survey (unweighted)General population survey Male (%)*Notes: Gross annual household income; averages computed using the midpoints of the income and age categories.

  • Gross annual household income is defined as all revenues, from all household members, from whatever source derived, whether taxable or non-taxable, including, but not limited to: wages, salaries, interest, dividends, spousal support and child support payments, public assistance payments, social security and pensions, rental income, income from self- employment, and all employment-related non-cash income.

  • The balance of the guarantees, with the exception of $400 million related to legacy Viterra 2020 bonds, is expected to be cancelled by the end of the year.


More Definitions of Gross annual household income

Gross annual household income means all money received by all persons living in the household, including Social Security benefits, Veterans benefits, Alimony, Child Support, Interest income, Unemployment benefits, Workers Compensation benefits, Strike benefits, Cash Public Assistance benefits, Wages and tips.
Sample 1
Gross annual household income means incoming money that is earned or unearned by all the household members. For example: wages, salaries, interest, dividends, spousal support and child support payments, public assistance payments, social security and pensions, rental income, income from self- employment, and all employment-related, non-cash income, and money from other sources. If your household income is the same or less than 30% AMI you are eligible for a $30 credit each month. If your household income is the same or less than 50% AMI you are eligible for a $20 credit each month.
Sample 1
Gross annual household income means the total gross annual income of all members of the household, excluding the following:
Sample 1

Related to Gross annual household income

  • Gross household income means gross income of a household as those terms are defined in rules of the authority.

  • Median household income (MHI) means the calculation computed by the U.S. Census Bureau - Income of Households - This includes the income of the householder and all other individuals 15 years old and over in the household, whether they are related to the householder or not. Because many households consist of only one-person, average household income is usually less than average family income. The median divides the income distribution into two equal parts: one-half of the cases falling below the median income and one-half above the median. For households and families, the median income is based on the distribution of the total number of households and families including those with no income. The median income for individuals is based on individuals 15 years old and over with income. Median income for households, families, and individuals is computed on the basis of a standard distribution.

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • Household income means the combined income of the members

  • Average annual payroll means the average of the annual

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.

  • CAISO Revenues means the net amount resulting from (a) the credits and other payments received by Buyer, as Seller’s Scheduling Coordinator, as a result of test energy from the Project delivered by Seller during the Test Period, including revenues associated with CAISO dispatches and (b) the debits, costs, penalties and interest that are directly assigned by the CAISO to the CAISO Global Resource ID for the Project for, or attributable to, scheduling and deliveries from the Project under this Agreement, which amount may result in a negative or positive value.

  • TIF Revenues means incremental ad valorem taxes generated on the Redevelopment Project Property by the Project which are to be allocated to and paid to the Authority pursuant to the Act.

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Moderate income housing means housing occupied or reserved for occupancy by households with a gross household income equal to or less than 80% of the median gross income for households of the same size in the county in which the city is located.

  • gross tonnage means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I to the International Convention on Tonnage Measurement of Ships, 1969 or any successor Convention.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • Gross Income from Operations means all sustainable income as reported on the financial statements delivered by the Borrower in accordance with this Agreement, computed in accordance with accounting principles reasonably acceptable to Lender, consistently applied, derived from the ownership and operation of the Property from whatever source, INCLUDING, but not limited to, (i) Rents from Tenants that are in occupancy, open for business and paying unabated Rent, (ii) utility charges, (iii) escalations, (iv) intentionally omitted; (v) service fees or charges, (vi) license fees, (vii) parking fees, and (viii) other required pass-throughs but EXCLUDING (i) Rents from Tenants that are subject to any bankruptcy proceeding (unless such Tenant has affirmed its Lease or Inland Western Retail Real Estate Trust, Inc. has master leased such Tenant's premises for full contract rent for a period not less than three years, and the net worth of Inland Western Retail Real Estate Trust, Inc. (as determined by Lender) is not less than such entity's net worth as of September 30, 2003), or are not in occupancy, open for business or paying unabated Rent, (ii) sales, use and occupancy or other taxes on receipts required to be accounted for by Borrower to any Governmental Authority, (iii) refunds and uncollectible accounts, (iv) sales of furniture, fixtures and equipment, (v) Insurance Proceeds (other than business interruption or other loss of income insurance), (vi) Awards, (vii) unforfeited security deposits, (viii) utility and other similar deposits and (ix) any disbursements to Borrower from the Reserve Funds. Gross income shall not be diminished as a result of the Mortgage or the creation of any intervening estate or interest in the Property or any part thereof.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Gross Revenue means:

  • Lower income household means a household having an income equal to or less than the

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Anticipated county property tax revenue availability means the

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.