High income definition

High income means above 120 percent of the area median income.
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High income tenant means a tenant with an annual household income of 130 percent (130%) of the area median income, as published by the Department of Housing and Community Development in the Official State Income Limits for 2020, for the county in which the residential rental property is located.
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High income tenant means a tenant with an annual household income of 130 percent (130%) of the area median income, as published by the Department of Housing and Community Development in the Official State Income Limits for 2020, for the county in which the residential rental property is located. A “High Income” tenant shall not include a tenant with a household income of less than one hundred thousand dollars ($100,000). For more information, see the Department of Housing and Community Development website at: . OLD: K.7 – Los Angeles County Guidance: Los Angeles County Temporary Eviction Moratorium for Residential Tenants This informational form provides guidelines to tenants and landlords subject to the Los Angeles County Temporary Eviction Moratorium. Los Angeles County has take the position that its Temporary Eviction Moratorium is applicable to both all unincorporated areas of the County and those incorporated areas of the County that have lesser eviction moratorium rules. OLD: K.8 – Notice of COVID-19 Relief Act of 2020NOTICE DUE BY SEPTEMBER 30, 2020 THIS NOTICE MUST BE PROVIDED TO TENANTS WHO HAVE NOT PAID ANY PORTION OF ONE OR MORE MONTH’S RENT BETWEEN MARCH 1, 2020 AND AUGUST 31, 2020, AND SUCH RENT AMOUNTS ARE STILL DUE AND OWING. THIS NOTICE MUST BE PROVIDED TO ALL SUCH TENANTS ON OR BEFORE SEPTEMBER 30, 2020: Provide this notice to any tenants that did not pay all or a portion of any rent payment that is still owing during any period between March 1, 2020 and August 31, 2020.IF YOU FAIL TO PROVIDE THIS NOTICE TO YOUR TENANT BY SEPTEMBER 30, 2020, YOU MAY NOT BE ABLE TO EVICT YOUR TENANT OR RECOVER RENT PAYMENTS THAT ARE OWED. It is suggested owners keep in their records a copy of the Notice and a standard form “Proof of Service” as evidence of providing this notice in addition to any other documentation (e.g., certified return receipt).
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Examples of High income in a sentence

  • High income improves evaluation of life but not emotional well-being.

  • High income appeared to act as a buffer, so those with lower incomes were more vulnerable to the adverse effects of downward volatility.

  • High- income counties should have higher payment amounts than counties with lower income levels.

  • High income is defined as household income higher than 130 percent of the poverty line.

  • Within the High income: OECD region, there are 10 economies that score 100 out of 100.

  • High income or assets, employment in a certain company or membership of a certain organisation do not automatically imply a “bona fide” status.

  • High income elasticity of demand for cars in developing countries means that car ownership will grow there even faster than income in the nearest future (Dargay and Gately, 1999).

  • High income protects whites but not African Americans against risk of depression.

  • High- income countries could encourage them to do so by being willing to open up their own markets more to developing country exports,10 and by providing more targeted aid.

  • High income con- sumers are more fashion-conscious than low income consumers, which supportshypothesis H1c.


More Definitions of High income

High income tenant means a tenant with an annual household income of 130 percent (130%) of the area median income, as published by the Department of Housing and Community Development in the Official State Income Limits for 2020, for the county in which the residential rental property is located. A “High Income” tenant shall not include a tenant with a household income of less than one hundred thousand dollars ($100,000). For more information, see the Department of Housing and Community Development website at: . OLD: K.11 – Fifteen (15) Day Protected Period Notice to Pay Rent or Quit (High-Income Tenants) (For Use During Protected Period of March 1, 2020 through August 31, 2020 for High-Income Tenants) *Only use if you already have proof of income establishing that the tenant is a high-income tenant. Effective October 6, 2020 Fifteen Day Notice to Pay Rent or Quit (For Use to Collect Rent Owed During Protected Period of March 1, 2020 Through August 31, 2020 – for High-Income Tenants) – This form allows the landlord to provide notice to tenants that are “High Income” tenants and who have not paid a portion of their monthly rent due and still owing during the Protected Period between March 1, 2020 and August 31, 2020. A “High Income” tenant means a tenant with an annual household income of 130 percent (130%) of the area median income, as published by the Department of Housing and Community Development in the Official State Income Limits for 2020, for the county in which the residential rental property is located. A “High Income” tenant shall not include a tenant with a household income of less than one hundred thousand dollars ($100,000).
Sample 1
High income tenant means a tenant with an annual household income of 130 percent (130%) of the area median income, as published by the Department of Housing and Community Development in the Official State Income Limits for 2020, for the county in which the residential rental property is located. A “High Income” tenant shall not include a tenant with a household income of less than one hundred thousand dollars ($100,000). For more information, see the Department of Housing and Community Development website at: https://www.hcd.ca.gov/grants-funding/income- limits/state-and-federal-income-limits/docs/Income-Limits-2020.pdf.
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High income means 400% of the FPL or more.
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Related to High income

  • Median income means the median income by household size for the applicable housing region, as adopted annually by COAH or a successor entity approved by the Court.

  • Moderate Income means more than 50 percent but less than 80

  • Per capita income means the average for the most recent three years for

  • Program Income means gross in- come earned by the recipient that is di- rectly generated by a supported activ- ity or earned as a result of the award (see exclusions in § 215.24(e) and (h)). Program income includes, but is not limited to, income from fees for serv- ices performed, the use or rental of real or personal property acquired under federally-funded projects, the sale of commodities or items fabricated under an award, license fees and royalties on patents and copyrights, and interest on loans made with award funds. Interest earned on advances of Federal funds is not program income. Except as other- wise provided in Federal awarding agency regulations or the terms and conditions of the award, program in- come does not include the receipt of principal on loans, rebates, credits, dis- counts, etc., or interest earned on any of them.

  • Exempt income means all of the following:

  • Interest Income means interest earned on the Funding;

  • Investment Income means dividends, capital gains, or interest in- come generated from:

  • 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.

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • total income means the total income, other than income specified under Section 12 of this Act, derived by a person during an accounting period before subtraction of any deductions.

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Corporation receives from portfolio companies) accrued during the calendar quarter, minus the Corporation’s operating expenses for the quarter (including the Base Management Fee, expenses reimbursed to the Adviser under this Agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the Incentive Fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Corporation has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Non-Income Tax means any Tax other than an Income Tax.

  • Family income means all income that is included in a determination of family income under section 143(f) of the internal revenue code, 26 USC 143(f), together with the income of all adults who will reside in the residence, which income might otherwise be excluded from consideration because the individual was not expected to both live in the residence and be primarily or secondarily liable on the mortgage note.

  • Moderate-income unit means a restricted unit that is affordable to a moderate-income household.

  • Non-Income Tax Return means any Tax Return relating to any Tax other than an Income Tax.

  • 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.

  • Consolidated Net Income means, with respect to any specified Person for any period, the aggregate of the Net Income of such Person and its Restricted Subsidiaries for such period, on a consolidated basis, determined in accordance with GAAP; provided that:

  • 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.

  • Consolidated Interest Income means, for any period, the interest income of the Consolidated Group for such period, determined on a consolidated basis in accordance with GAAP.

  • Other Income means money received by a licensed manager from sources other than over the counter and machine sales.

  • Consolidated Income Tax Expense means, with respect to any Person for any period, the provision for federal, state, local and foreign income taxes of such Person and its Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with GAAP.

  • Consolidated Net Income (Loss) of any Person means, for any period, the consolidated net income (or loss) of such Person and its consolidated Subsidiaries for such period as determined in accordance with GAAP, adjusted, to the extent included in calculating such net income (loss), by excluding, without duplication, (i) the portion of net income (or loss) of any other Person (other than any of such Person's consolidated Subsidiaries) in which such Person or any of its Subsidiaries has an ownership interest, except to the extent of the amount of dividends or other distributions actually paid to such Person or its consolidated Subsidiaries in cash by such other Person during such period, (ii) net income (or loss) of any Person combined with such Person or any of its Subsidiaries on a "pooling of interests" basis attributable to any period prior to the date of combination, (iii) any gain or loss, net of taxes, realized upon the termination of any employee pension benefit plan and (iv) solely for the purpose of determining Consolidated Net Income (Loss) in connection with the calculation of Restricted Payments permitted to be made hereunder, the net income of any consolidated Subsidiary of such Person to the extent that the declaration or payment of dividends or similar distributions by that Subsidiary of that income is not at the time permitted, directly or indirectly, by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulations applicable to that Subsidiary or its shareholders; provided that, upon the termination or expiration of such dividend or distribution restrictions, the portion of net income (or loss) of such consolidated Subsidiary allocable to such Person and previously excluded shall be added to the Consolidated Net Income (Loss) of such Person to the extent of the amount of dividends or other distributions available to be paid to such Person in cash by such Subsidiary.

  • Household income means the combined income of the members

  • Consolidated Income Taxes means, with respect to any Person for any period, taxes imposed upon such Person or other payments required to be made by such Person by any governmental authority which taxes or other payments are calculated by reference to the income or profits of such Person or such Person and its Restricted Subsidiaries (to the extent such income or profits were included in computing Consolidated Net Income for such period), regardless of whether such taxes or payments are required to be remitted to any governmental authority.

  • 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.

  • Business income means income arising from transactions and activity in the regular course of the taxpayer's trade or business and includes income from tangible and intangible property if the acquisition, management, and disposition of the property constitute integral parts of the taxpayer's regular trade or business operations.