Persons or families of low or moderate income definition

Persons or families of low or moderate income means an individual or household whose income qualifies as low income or moderate income as defined by the United States Department of Housing and Urban Development (HUD) as adjusted from time to time. HUD defines low income as any individual or household earning less than fifty percent of the area median income. HUD defines moderate income as any individual or household earning between fifty percent and eighty percent of the area median income."
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Persons or families of low or moderate income means persons or families, including special needs populations, who qualify to receive a benefit or assistance pursuant to the applicable state or federal statutes, rules, and regulations governing the administration of such program or programs under which the persons or families shall receive the benefit or assistance.
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Persons or families of low or moderate income means the income of an individual or household as a percentage of the Area Median Income as established by the United States Department of Housing and Urban Development (HUD) as adjusted from time to time. HUD defines Low Income as any individual or household earning less than 50% of the Area Median Income. HUD defines moderate income as any individual or household earning between 50% and 80% of the Area Median Income."
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More Definitions of Persons or families of low or moderate income

Persons or families of low or moderate income means persons and
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Persons or families of low or moderate income means persons as
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Persons or families of low or moderate income means persons and families whose income does not exceed the qualifying limits for “persons or families of low or moderate income” within the meaning of Section 103(b)(4)(A) of the Internal Revenue Code of 1954, as amended.
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Related to Persons or families of low or moderate income

  • 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;

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

  • 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.

  • Extremely low-income household means a single person,

  • 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.

  • Severe forms of trafficking in persons means— (1) Sex trafficking in which a commercial sex act is induced by force, fraud, or coercion, or in which the person induced to perform such act has not attained 18 years of age; or

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • Technique factors means the following conditions of operation:

  • 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.

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

  • Non-Participating Marriage and Family Therapist means a Marriage and Family Therapist who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • 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.

  • 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.

  • Leakage technique factors means the technique factors associated with the diagnostic or therapeutic source assembly which are used in measuring leakage radiation. They are defined as follows:

  • Plan for moderate income housing means a written document adopted by

  • Non-Regulatory Opportunity Cost means the difference between (a) the forecasted cost to operate a specific generating unit when the unit only has a limited number of starts or available run hours resulting from (i) the physical equipment limitations of the unit, for up to one year, due to original equipment manufacturer recommendations or insurance carrier restrictions, (ii) a fuel supply limitation, for up to one year, resulting from an event of Catastrophic Force Majeure; and,

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

  • Disposable income means that part of the income due and payable of any individual remaining

  • Smoker and nonsmoker mortality tables means mortality tables with separate rates of mortality for smokers and nonsmokers.

  • Apportionable income means the gross income of the business taxable under the service classifications of a city's gross receipts tax, including income received from activities outside the city if the income would be taxable under the service classification if received from activities within the city, less any exemptions or deductions available.

  • Cumulative Consolidated Net Income means, for any period, Consolidated Net Income for such period, taken as a single accounting period. Cumulative Consolidated Net Income may be a positive or negative amount.

  • Cumulative Net Income means, in respect of any Performance Period, the aggregate cumulative amount of the Adjusted Net Income for the calendar or other fiscal years of the Company during such Performance Period.

  • CAFRA Centers, Cores or Nodes means those areas with boundaries incorporated by reference or revised by the Department in accordance with N.J.A.C. 7:7-13.16.

  • Available Income means the Up-MACRO Available Income or the Down-MACRO Available Income, as applicable.

  • Special categories of personal data means information about an individual's racial or ethnic origin, political opinions, religious or philosophical beliefs, trade union membership, health, sex life or sexual orientation and biometric data.