Median income definition

Median income means the median income by household size for the applicable housing region, as adopted annually by COAH or a successor entity approved by the Court.

Median income means the median income by household size for the applicable county, as adopted annually by the Department.

Median income means the median income by household size for the applicable county, as adopted annually by COAH or approved by the NJ Superior Court.

Examples of Median income in a sentence

• The Affordable Rent for the Housing Units to be rented to Very Low Income Households shall not exceed one-twelfth (1/12) of thirty percent (30%) of fifty percent (50%) of Median Income for Riverside County as determined and published annually by TCAC for a family of a size appropriate to the unit, or, if lower, rents determined in accordance with the HOME Regulations.

• Total program grant funds requested is $145,300 QIP/AHD Housing Component 3268 San Pablo is a 51 unit new construction project with 51 one-bedroom units serving seniors, age 62 years and older, with incomes ranging from 30-60 percent of Area Median Income (AMI), with 1 manager's unit.

• Subject to the provisions of Section 2.3 below, the Rent paid by Tenants of Forty Percent Units, shall not exceed one-twelfth (1/12th) of thirty percent (30%) of forty percent (40%) of Median Income, adjusted for Assumed Household Size.

• Subject to the provisions of Section 2.3 below, the Rent paid by Tenants of Extremely Low Income Units, shall not exceed one-twelfth (1/12th) of thirty percent (30%) of thirty percent (30%) of Median Income, adjusted for Assumed Household Size.

• Rent Increases On an annual basis, the City releases new rental limits based on the Area Median Income published by HUD.

More Definitions of Median income

Median income means the median gross yearly income, adjusted for Actual Household Size as specified herein, in the County of Contra Costa, California, as published from time to time by HUD. In the event that such income determinations are no longer published, or are not updated for a period of at least eighteen (18) months, the County shall provide Borrower with other income determinations that are reasonably similar with respect to methods of calculation to those previously published by HUD.

Median income means those incomes that are determined by the federal Department of Housing and Urban Development guidelines and adjusted for family size.

Median income means the median income by household size for the applicable

Median income means the median family income for the area in which the residence is located or the median family income for the state, whichever is greater.

Median income means area median income as determined by HUD for the San Francisco area, adjusted solely for household size, but not high housing cost area.

Median income means the median family income for the Seattle-Bellevue, WA HUD Metro FMR Area as most recently published by the Secretary of Housing and Urban Development (HUD), as amended. In the event that HUD no longer publishes median family income figures, the City may estimate the Median Income applicable to the City in such manner as the City shall determine in its sole discretion.

Median income means the median income, adjusted for family size, applicable to Yolo County as published annually pursuant to Title 25 of the California Code of Regulations, Section 6932 (or its successor provision) by the U.S. Department of Housing and Urban Development.