qualified homeowner definition

qualified homeowner means, with respect to a
qualified homeowner means a resident of the State that owns a
qualified homeowner means a person who is the owner residing at the property who has been provided homeowner installation training materials and who has passed an exam administered by the department.

Examples of qualified homeowner in a sentence

  • Throughout the Affordability Period, Borrower shall restrict the Lease Payment that a Qualified Homeowner is obligated to pay under the Homeowner Lease to ensure that the Lease Payment, when combined with any mortgage payment owed by such Qualified Homeowner for the Home, does not exceed what is considered affordable, as determined by HUD on an annual basis, to a household with an income of 80% of the area median family income (“AMI”).


More Definitions of qualified homeowner

qualified homeowner means a Homeowner whose income, at the time that the Homeowner Lease is entered into or no more than one year prior to that date, is at or below 80% area median income, adjusted by family size, as determined by OHCS based upon information from the U.S. Department of Housing and Urban Development (“HUD”) and validly occupying a Home in the Project pursuant to the Homeowner Lease.
qualified homeowner means the owner and occupant of a qualifying residence.
qualified homeowner means an owner of residential real property that is located in this state, including a condominium, that is the primary residence of the owner, who is a qualified person or resides with a spouse or dependent who is a qualified person.
qualified homeowner. MEANS A HOMEOWNER THAT IS REBUILDING OR REPAIRING OR HAS EMPLOYED A CONTRACTOR TO REBUILD OR REPAIR A QUALIFIED RESIDENTIAL STRUCTURE THAT THE HOMEOWNER OWNED AT THE TIME OF A DECLARED WILDFIRE DISASTER.
qualified homeowner means CalHFA MAC has determined, in its sole discretion from documentation provided by the Homeowner, that Homeowner is eligible to receive financial assistance under CalHFA MAC’s Keep Your Home California Program and has satisfied all of the program criteria disclosed in writing to Homeowner, including, without limitation, occupying the Property as their principal residence and there being no occurrence of any of the events specified in paragraph 6 during the term of this Note.
qualified homeowner means a resident of the State that owns a home in New Jersey which is the resident’s principal residence.
qualified homeowner means a District homeowner who: