Adjusted household income means that term as defined in rules of the authority.
Adjusted household income means that term as defined in R 125.101 of the Michigan Administrative
Adjusted household income means household income minus
Examples of Adjusted household income in a sentence
Developer covenants and agrees that one moderate-income restricted Unit to be developed on the Property shall be Inclusionary Units that are reserved for sale at the Affordable Purchase Price and occupied by Eligible Purchasers whose Adjusted Household Income at the time of initial occupancy of each Unit does not exceed the household income qualification limits of a Moderate-Income Household.
More Definitions of Adjusted household income
Adjusted household income means the Income used (after all deductions as determined by MHRC) to determine the rent for the program(s) as defined in Schedule "B" hereto attached and forming part of this Agreement.
Adjusted household income means the total income, before taxes and personal deductions, received by all members of the prospective owner-occupant purchaser’s household, including, but not limited to, wages, social security payments, retirement benefits, unemployment benefits, welfare benefits, interest and dividend payments, but not including business deductions. The adjusted household income shall be the income earned during the most recent calendar year preceding the date of application to purchase a Reserved Housing Unit for which cop- ies of filed state or federal tax returns are available.
Adjusted household income means the gross annual income from all sources and before taxes or withholding of all members of a household living in a dwelling unit or housing unit after deducting all of the following:
Adjusted household income means the anticipated total annual income of each individual or family residing in the Home adjusted based upon family size in accordance with the household income adjustment factors pursuant to California Code of Regulations Title 25 Section 6914, as amended, or in the event that this statistical index is no longer published, any other appropriate index as determined by Habitat;
Adjusted household income means the total annual income of each individual or household residing or treated as residing in the Inclusionary Unit as adjusted, based upon household size.
Adjusted household income. That annual income which does not exceed (i) with respect to Lower-Income Tenants, the maximum income of "individuals of low or moderate income" within the meaning of Section 103(b)(4)(A) of the 1954 Code as such section exists as of the date hereof (unless otherwise required by applicable law), and (ii) with respect to Eligible Tenants, 150% of the highest of the median income for the State, county or South Census Region in which the Development is located, as determined in the latest published Decile Distributions of Family Income by Standard Metropolitan Statistical Areas and Non-Metropolitan Counties prepared and published from time to time by the United States Department of Housing and Urban Development, as adjusted at least annually by the Agency or its executive director according to the most recent Consumer Price Index or such other valid statistical information as the Agency or its executive director may determine.
Adjusted household income means household income less those deductions as set out in Schedule B.