Low-income household definition
Low-income household means a household with a total gross annual household income equal to 50 percent or less of the median household income.
Low-income household means a single person, family, or
Low-income household means a household with an average annual household income of less than
Examples of Low-income household in a sentence
If, during a lease term, a Very Low-Income Household’s or a Low-Income Household’s annual income increases above 140% of the qualifying income level as established by Exhibit J and Exhibit K, then upon lease renewal such Very Low-Income Household or Low-Income Household would be considered an “Over-Income Household” but would be permitted to continue to occupy their Income-Restricted Unit pursuant to the applicable guidelines of Section 42 of the Code for the Low Income Housing Tax Credit Program.
More Definitions of Low-income household
Low-income household means a single person,
Low-income household means a person, a family, or unrelated persons living together whose adjusted household income is more than 50% but not more than 60% of the area median income, as determined by the authority.
Low-income household means a residential Household where the average annual Household income is less than $35,000, as based on U.S. Census Bureau estimates adjusted annually to reflect rates of change and distribution through January 1, 2007.7
Low-income household means a household—
Low-income household means a single person, family, or unrelated persons living together whose adjusted income is at or below eighty percent of the median household income adjusted for household size, for the county where the household is located, as reported by the United States department of housing and urban development.
Low-income household means a household whose annual gross income does not exceed sixty percent (60%) of the Area Median Income, adjusted for Actual Household Size.
Low-income household. ’ means a household with an