Income Restrictions definition

Income Restrictions means the maximum household income limits for Qualified Tenants, as set forth in Exhibit A.
Income Restrictions means the maximum household income limits for qualified residents.
Income Restrictions means the maximum household income limits for qualified residents. “Lease” means a legally binding contract between the Grantee and the SOS Resident.

Examples of Income Restrictions in a sentence

  • Income Restrictions: Use the applicable incomes and rents in the subject’s application.

  • Rent and Income Restrictions – Project conforms to the income, occupancy and rent restrictions of Section 42.

  • Income Restrictions Replacement units will be affordable to low-income families for a minimum of 40 years.

  • Exceeding the Minimum Income Restrictions (35 points maximum for Qualified Residential Rental Projects other than Mixed Income Projects, 15 points maximum for Mixed Income Projects).

  • Income Restrictions will be adjusted periodically by CHFA based on AMI figures provided by HUD.

  • Income Restrictions: Maximum incomes established by HUD and published by CHFA for projects that are given the maximum income limits per unit for very low-income (25% AMI) and low-income (50% or 60% AMI) units.

  • Low Income Restrictions -- The occupancy, rent, income and resale restriction set out in Section 21A(c) of the FHLBA (12 U.S.C. S144la(c)), the Final Rule, and the applicable LURA.

  • GRRHP income limits can be found in Appendix 5 ofHB-1-3555.• Tenant Income Restrictions.

  • Applications will not be scored under scoring category 6.1A Rent Restrictions or category 6.1B Income Restrictions.

  • Rent and Income Restrictions – Project conforms to the basic income, occupancy and rent restrictions of Section 42.


More Definitions of Income Restrictions

Income Restrictions. The Contractor agrees that any refunds, rebates, credits, or other amounts (including any interest thereon) accruing to or received by the Contractor under this Agreement shall be paid by the Contractor to the State, to the extent that they are properly allocable to costs for which the Contractor has been reimbursed by the State under this Agreement.
Income Restrictions. The LPP agrees that any refunds, rebates, credits, or other amounts (including any interest thereon) accruing to or received by the LPP under this Grant Agreement shall be paid by the LPP to the State, to the extent that they are properly allocable to costs for which the LPP has been reimbursed by the State under this Grant Agreement.
Income Restrictions. The Grantee agrees that any refunds, rebates, credits, or other amounts (including any interest thereon) accruing to or received by the Grantee under this Grant shall be paid by the Grantee to DPR, to the extent that they are properly allocable to costs for which the Grantee has been reimbursed by DPR under this Grant.
Income Restrictions. The Grantee agrees that any refunds, rebates, credits, or other amounts (including any interest thereon) accruing to or received by the Grantee under this Agreement shall be paid by the Grantee to the State, to the extent that they are properly allocable to costs for which the Grantee has been reimbursed by the State under this Agreement. INDEPENDENT ACTOR: The Grantee, and its agents and employees, if any, in the performance of this Agreement, shall act in an independent capacity and not as officers of employees or agents of the SWRCB. INSPECTION: Throughout the life of the Project, the SWRCB shall have the right to inspect the project area to ascertain compliance with this Agreement.

Related to Income Restrictions

  • Transfer-Restricted Security means any Security that constitutes a “restricted security” (as defined in Rule 144); provided, however, that such Security will cease to be a Transfer-Restricted Security upon the earliest to occur of the following events:

  • Period of Restriction means the period during which the transfer of Shares of Restricted Stock are subject to restrictions and therefore, the Shares are subject to a substantial risk of forfeiture. Such restrictions may be based on the passage of time, the achievement of target levels of performance, or the occurrence of other events as determined by the Administrator.