Examples of Low Income Households in a sentence
The maximum monthly rent (which includes the tenant paid portion of the rent, the Utility Allowance, and rental assistance payment) charged by Owner for zero (0) Qualifying Units occupied by Extremely Low Income Households must be set at levels that are affordable to Low-Moderate-Income Households and shall not exceed the thirty percent (30%) maximum rent limits determined by HUD and published on an annual basis with adjustment for family size.
The determination of whether the Annual Income of a family or individual occupying or seeking to occupy a Qualifying Unit complies with the requirements for Extremely Low Income Households or Low- Moderate-Income Households shall be made by the applicable Housing Authority in the program area prior to admission of such family or individual to occupancy of a Qualifying Unit (or to designation of a Unit occupied by such family or individual as a Qualifying Unit).
The Affordable Rental Units are intended to provide crucial housing opportunities for Extremely Low and Very Low Income Households who face significant barriers to accessing quality affordable housing.
During the HOME Term, Borrower shall cause four (4) Units to be rented to and occupied by or, if vacant, available for occupancy by Very Low Income Households.
No less than ten percent (10%) of the total units and no less than 16 units in the Project shall be made available at rents affordable to and occupied by Very Low Income Households.