Examples of Low Income Persons and Families in a sentence
It is determined that the class of housing projects to which the tax exemption shall apply and for which a service charge shall be paid in lieu of such taxes shall be housing projects for Low Income Persons and Families that are financed with a Mortgage Loan.
Another nursery in Liquica, when restored, will supply additional seedlings and serve as another potential research site.
It is determined that the class of housing projects to which the tax exemption shall apply and for which a service charge shall be paid in lieu of such taxes shall be housing projects for Low Income Persons and Families that are financed with a Mortgage Loan by the Authority.
Low Income Persons and Families means persons and families eligible to move into a housing project (same meaning as found in Section 15(a)(7) of the Act).
Notwithstanding Section 5 of this Ordinance, the service charge to be paid each year in lieu of taxes for the part of the Housing Project that is tax exempt but which is occupied by other than Low Income Persons and Families shall be equal to the full amount of taxes which would be paid on that portion of the Housing Project if the Housing Project were not tax exempt.
The detailed water budget for the base case model is presented below in Table 2.
The Sponsor has offered, subject to receipt of an allocation under the LIHTC Program by the Authority and a Mortgage Loan, to acquire and construct, own and operate the Project to serve Low Income Persons and Families and the Sponsor has offered to pay the city on account of the Project an annual service charge for public services in lieu of all ad valorem property taxes.Sec.
However, implementation and enforcement of the Sponsor’s obligation to comply with federal, state, or local fair housing laws, ordinances, and regulations relating to Low Income Persons and Families shall not be deemed a violation of this Section.
Community Sporting Activity includes a training session or competition for a community sporting activity.
It is acknowledged that it is a proper public purpose of the State of Michigan and its political subdivisions to provide housing for its Low Income Persons and Families and to encourage the development of such housing by providing for a service charge in lieu of property taxes in accordance with the Act.