Income Limitations definition

Income Limitations means a system of maximum income limitations or income targeting designed to assure that the persons or families who benefit from financial assistance under this program would, through the ordinary, unaided operation of private enterprise, be unable to own or improve homes.

Examples of Income Limitations in a sentence

  • There are criteria, satisfactory to the Corporation, which provide for maximum Income Limitations or a system of income targeting designed to ensure that persons who purchase or improve Homes which benefit from financial assistance provided pursuant to the Act, are persons who, through the ordinary, unaided operation of private enterprise, would be unable to purchase or improve homes.

  • Income Limitations: Income shall not exceed three hundred percent (300%) of the SSI Federal Benefit Rate for an individual.

  • In addition, to the Income Limitations requirements, an asset test considering all assets owned by the applicant, other than the applicant’s house, vehicle, and household goods, will be used in determining whether relief should be granted.

  • Borrower Income Limitations: 80% of the area median income (AMI) adjusted for family size.

  • The u n i ve r s i ­ t i e s can do ver y l i t t l e about t he n , nor can they expect I n the near fut ur e any r a d i c a l change to t ake place i n t hese envir on­ ment al condit ions to make t h e i r t asks e a s i e r .

  • With indirect rapid tooling, create molds or tools based on the master pattern and use those final toolsin your workflow.

  • Income Limitations: Must be over the applicable Medicaid limit and under two hundred fifty percent (250%) of the FPL.

  • Income Limitations: Must be ineligible for Medicaid and no more than two hundred fifty percent (250%) of the FPL.

  • Example 2: New Tenants Manipulated Income Limitations An income-qualified household consisting of one person moved into a two bedroom unit on March 15, 2005.

  • How Adjustments and Low Income Limitations are Applied in Washington State 21 APPENDIX I - Order Review Definitions 23APPENDIX II - Order Review Questionnaire 25APPENDIX III - Relevant Statutes 29Report SummaryFederal law requires states to enact statewide child support guidelines for setting child support awards.

Related to Income Limitations

  • Exclusions means that certain things are deliberately not covered in a particular policy type

  • Acid rain emissions limitation means, as defined in 40 CFR 72.2*, a limitation on emissions of sulfur dioxide or nitrogen oxides under the acid rain program under Title IV of the Clean Air Act (CAA).

  • Concentration Limitations has the meaning set forth in Schedule 4.

  • Limitation Acts means the Limitation Xxx 0000 and the Foreign Limitation Periods Xxx 0000.

  • Limitations means any limitations of the exclusive right to the use of a trade mark given by the registration of a person as proprietor thereof, including limitations of that right as to mode of use, as to use in relation to goods to be sold or otherwise traded in in any place within Zambia or as to use in relation to goods to be exported to any market outside Zambia;

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • COVID-19 Measures means any quarantine, “shelter in place”, “stay at home”, workforce reduction, social distancing, shut down, closure or sequester order, guideline, recommendation or Law, or any other applicable Laws, guidelines or recommendations by any Governmental Entity in connection with or in response to COVID-19.

  • Tax Limitation Period means the Tax Years for which the Applicant’s Qualified Property is subject to the Tax Limitation Amount and as further identified in Section 2.3.D of this Agreement.

  • former provisions means the provisions of the Petroleum Act 1936 which, by force of section 134 of the Petroleum Act are deemed to subsist and enure in their application to or in relation to the Xxxxxx Island Lease;

  • Elective Deferrals are all Salary Reduction Contributions and that portion of any Cash or Deferred Contribution which the Employer contributes to the Trust at the election of an Eligible Employee. Any portion of a Cash or Deferred Contribution contributed to the Trust because of the Employee's failure to make a cash election is an elective deferral. However, any portion of a Cash or Deferred Contribution over which the Employee does not have a cash election is not an elective deferral. Elective deferrals do not include amounts which have become currently available to the Employee prior to the election nor amounts designated as nondeductible contributions at the time of deferral or contribution.

  • Two-year claim limitation means no benefit is payable for any claim submitted two years or more from the date of admission or service provision.

  • Classifications means the classifications contained in Schedule 1 to this Agreement.

  • Effluent limitation means any restriction imposed by the Director on quantities, discharge rates, and concentrations of pollutants that are discharged from point sources into waters of the United States, the waters of the contiguous zone, or the ocean.

  • Income-withholding order means an order or other legal

  • Limitation Date means the first of March 20, June 20, September 20 or December 20 in any year to occur on or immediately following the date that is one of the following numbers of years after the Restructuring Date: 2.5 years (the "2.5-year Limitation Date"), 5 years, 7.5 years, 10 years (the "10- year Limitation Date"), 12.5 years, 15 years, or 20 years, as applicable. Limitation Dates shall not be subject to adjustment in accordance with any Business Day Convention.

  • Limitation means any provision other than an Exclusion that restricts coverage under this Contract.