Low-income spaces definition

Low-income spaces means those spaces in a mobile home park operated by a resident organization which are occupied by low-income residents.
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Low-income spaces. The Spaces in the Project occupied by Low Income Residents pursuant to Section 5 of this Regulatory Agreement.
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Low-income spaces means those spaces in a mobilehome park operated by a resident organization, a qualified nonprofit housing sponsor, or a local public entity that are occupied by low-income residents.
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More Definitions of Low-income spaces

Low-income spaces means those spaces in a mobile home park
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Low-income spaces. The Spaces in the Project occupied by Low Income Residents.
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Low-income spaces means the Spaces in the Project occupied by Low Income Residents. “Maximum Annual Debt Service” shall mean at any point in time, with respect to the applicable
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Low-income spaces means those spaces in a mobile
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Low-income spaces means the Spaces in the Project occupied by Low Income Residents pursuant to the Regulatory Agreement.
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Low-income spaces. The Spaces in the Project occupied by Low Income Residents. “Median Income for the Area” - As of any date, the median gross income for the Area as most recently determined by the Secretary of Housing and Urban Development under Section 8 of the United States Housing Act of 1937, as amended, (or if such program is terminated, under such program as in effect immediately before such termination). Except for any HUD Hold Harmless Impacted Project, as defined in Code section 142(d)(2)(E)(iv), any determination of Median Income for the Area with respect to the Project for any calendar year after 2008 shall not be less than the Median Income for the Area determined with respect to the Project for the calendar year preceding the calendar year for which such determination is made. Special rules for determining the Median Income for the Area for calendar years after 2008 for HUD Hold Harmless Impacted Projects are set forth in Code section 142(d)(2)(E)(iv).
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Related to Low-income spaces

  • Very Low Income means income that is 50 percent or less of the area median income.

  • Low-income means the adjusted income for a Family which does not exceed 80 percent of the area median income.

  • 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 households means households earning 80 percent or less of the countywide median income.

  • Low-income family means "a family whose annual income does not exceed 80 percent of the median income for the area, as determined by HUD with adjustments for smaller and larger families, except that HUD may establish income ceilings higher or lower than 80 percent of the median income for the area on the basis of HUD's findings that such variations are necessary because of unusually high or low family incomes."

  • Very low-income household means a household with a total gross annual household income equal to 30 percent or less of the median household income.

  • Low-income housing means housing affordable according to

  • Low-income unit means a restricted unit that is affordable to a low-income household.

  • Very low-income unit means a restricted unit that is affordable to a very low-income household.

  • Low-income customer means a utility customer whose household income is at or below 200% of the Federal Poverty Level (FPL) and provides proof of meeting the eligibility requirement at the time of enrollment.

  • Low-income person means a person with a family income of not more than 60% of the statewide median gross income who is eligible to participate in the charitable nonprofit housing organization's program based on criteria established by the charitable nonprofit housing organization.

  • Low-Income Community means any area as defined in accordance with IRC § 45D(e).

  • Excess Cash Flow Interim Period means, (x) during any Excess Cash Flow Period, any one, two, or three-quarter period (a) commencing on the later of (i) the end of the immediately preceding Excess Cash Flow Period and (ii) if applicable, the end of any prior Excess Cash Flow Interim Period occurring during the same Excess Cash Flow Period and (b) ending on the last day of the most recently ended fiscal quarter (other than the last day of the fiscal year) during such Excess Cash Flow Period for which financial statements are available and (y) during the period from the Closing Date until the beginning of the first Excess Cash Flow Period, any period commencing on the Closing Date and ending on the last day of the most recently ended fiscal quarter for which financial statements are available.

  • Eligible low-income customer means a customer whose household income does not exceed 150% of the poverty level, as published by the United States Department of Health and Human Services, or who receives any of the following:

  • Extremely low-income household means a single person,

  • Low-income individual means an individual who:

  • Extremely Low Income means a household income that falls at or below thirty percent (30%) of the AMI for the area in which a Project is located.

  • Below Investment Grade means, with respect to any Series of RVMTP Shares and as of any date, the following ratings with respect to each Rating Agency (to the extent it is a Rating Agency on such date):

  • Persons of low income means persons or families who lack the amount of income which is necessary (as determined by the housing authority undertaking the housing project) to enable them, without financial assistance, to live in decent, safe and sanitary dwellings, without overcrowding;

  • Qualified low-income community investment or “QLICI” shall have the same meaning as set forth in IRC § 45D(d) and 26 C.F.R. Part 1.45D-1(d).

  • Modular building retailer means any person who purchases or acquires a modular building from a

  • County-adjusted property tax base per square mile means the county-adjusted property tax base divided by the number of square miles of land area in the county.

  • NOW IT IS HEREBY AGREED as follows:

  • Low terrain means any area other than high terrain.

  • Below Investment Grade Rating Event means the rating on the Notes is lowered in respect of a Change of Control and the Notes are rated below Investment Grade by both Rating Agencies on any date from the date of the public notice of an arrangement that could result in a Change of Control until the end of the 60-day period following public notice of the occurrence of a Change of Control (which period shall be extended until the ratings are announced if during such 60 day period the rating of the Notes is under publicly announced consideration for possible downgrade by either of the Rating Agencies); provided that a Below Investment Grade Rating Event otherwise arising by virtue of a particular reduction in rating shall not be deemed to have occurred in respect of a particular Change of Control (and thus shall not be deemed a Below Investment Grade Rating Event for purposes of the definition of Change of Control Repurchase Event hereunder) if the Rating Agencies making the reduction in rating to which this definition would otherwise apply do not announce or publicly confirm or inform the Company in writing at its request that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the applicable Change of Control (whether or not the applicable Change of Control shall have occurred at the time of the Below Investment Grade Rating Event).

  • Low Impact Development or “LID” means a site design strategy that maintains, mimics or replicates pre- development hydrology through the use of numerous site design principles and small-scale treatment practices distributed throughout a site to manage runoff volume and water quality at the source.