Qualifying Households definition

Qualifying Households means households whose annual Incomes do not exceed the elected area median family income set-aside required in the Code.
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Qualifying Households means households whose annual incomes do not exceed the chosen set-aside (which is either 50% or 60%) of
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Qualifying Households means households whose annual incomes do not exceed the chosen set-aside (which is either 50% or 60%) of the median family income for the area.
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Examples of Qualifying Households in a sentence

  • Income Qualifying Households During First Year of the 10-Year Credit PeriodUnder IRC §42(f)(2), the applicable fraction for the first year of the credit period is computed based on a month-by-month accounting of units or floor space occupied by income-qualified households.

  • The purpose of the Oklahoma Affordable Housing Tax Credit ("OAHTC") Program is to expand the supply of new affordable rental units and rehabilitate existing rental housing for Qualifying Households.

  • Qualifying Households Applicants for low-income units should be advised early in their initial visit to the project that there are maximum income limits which apply for these units.

  • Income Certifications Where Owner Acquires or Rehabilitates Existing BuildingIncome Qualifying Households Before the Beginning of the 10-Year Credit PeriodUnder Rev.

  • Per Planning Code Section 415.7 (d), initial sale BMR Ownership Units that are provided off-site of the Principal Project will be priced to be Affordable to Qualifying Households with a Maximum Household Income that does not exceed 70% of AMI.

  • Income and Asset Requirement Per Planning Code Sections 415.6 (c) and 415.7 (d), initial rental BMR Rental Units will be priced to be Affordable to Qualifying Households at 55% of AMI, unless stated otherwise in the Use Restrictions for the Project.

  • Complies with the VAWA requirements as described in 24 CFR 92.359.(2) Use of preferences for Qualifying Households.

  • Objective CMS will arrange for the provision of oral language assistance, from language interpreter services and more, in response to the needs of LEP customers in both face-to-face, on-line and telephone encounters with CMS.

  • Owner shall limit for the full term of this Regulatory Agreement the rental of the Project to Qualifying Households.

  • The requirements in 24 CFR 92.252(a)-(d) are waived and the following alternative requirements shall apply.(1) Rent limitations for units restricted for occupancy by Qualifying Households.


More Definitions of Qualifying Households

Qualifying Households means households of individuals and families that meet the definition of one or more of the Qualifying Populations as defined in HUD Notice CPD- 21-10.
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Qualifying Households means households whose annual incomes do
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Related to Qualifying Households

  • Eligible Household means a household charged a UEC on their natural gas and/or electricity for the residence at which they reside as evidenced by their utility bill or UEC-participating utility vendor, has annual income at or below the current income limits of the federal poverty level, and meets other income criteria for assistance from the Nevada Fund for Energy Assistance and Conservation. Conversely, households not charged a UEC are ineligible for assistance from the fund. A household that receives benefits funded with LIHEAP grant monies may also be referred to as an eligible household in this plan. Also, refer to “UEC Eligible.”

  • Households means one or more natural persons or a family who pays 30 percent of their household income toward their monthly rent and is determined by Grantee to be eligible for rental assistance under this Agreement.

  • Median household income (MHI) means the calculation computed by the U.S. Census Bureau - Income of Households - This includes the income of the householder and all other individuals 15 years old and over in the household, whether they are related to the householder or not. Because many households consist of only one-person, average household income is usually less than average family income. The median divides the income distribution into two equal parts with 50% of the cases falling below the median income and 50% above the median. For households and families, the median income is based on the distribution of the total number of households and families, including those with no income. The median income for individuals is based on individuals 15 years old and over with income. Median income for households, families, and individuals is computed on the basis of a standard distribution.

  • dwelling house means any residential property assessed as real

  • Qualifying wages means wages, as defined in section 3121(a) of the Internal Revenue Code, without regard to any wage limitations, adjusted as follows:

  • Farmworker Household means a household of one or more persons wherein at least one member of the household is a Farmworker at the time of initial occupancy.

  • Boarding house means a residence in which lodg- ing and meals are provided. Each resident of a boarding house is charged a lump sum to cover the costs of lodging and meals with no separate accounting for the fair selling price of the meals.

  • Gross household income means gross income of a household as those terms are defined in rules of the authority.

  • Child-headed household means a household where the main caregiver of the said household is younger than 18 years of age. Child-headed household means a household headed by a child as defined in terms of section 28(3) of the Constitution.

  • Head of household means the parent or parents with whom the dependent child or children were residing at the time of placement in foster care.

  • Qualifying week means the 15th week before the expected week of childbirth.

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • lodging house means a building designed or intended to contain, or containing Lodging Units where the residents share access to common areas of the building, other than the Lodging Units;

  • Qualifying services means the provision of any service to the State or to any other public body, except for public work as defined in section 2 of P.L.1963, c.150 (C. 34:11-56.26).

  • Qualifying Service means one year or more of continuous service and residence away from the home country and the country of nationality of a staff member, or the country where the staff member has acquired permanent resident status.

  • Family or household members means spouses, domestic partners, former spouses, former domestic partners, persons who have a child in common regardless of whether they have been married or have lived together at any time, adult persons related by blood or marriage, adult persons who are presently residing together or who have resided together in the past, persons sixteen years of age or older who are presently residing together or who have resided together in the past and who have or have had a dating relationship, persons sixteen years of age or older with whom a person sixteen years of age or older has or has had a dating relationship, and persons who have a biological or legal parent-child relationship, including stepparents and stepchildren and grandparents and grandchildren.

  • Very low-income household means a household with a total gross annual household income equal to 30 percent or less of the median household income.

  • Units serving lower income households means units that are occupied by lower income households at an affordable rent, as defined in section 50053 of the Health and Safety Code or, to the extent that the terms of federal, state, or local financing or financial assistance conflicts with section 50053, rents that do not exceed those prescribed by the terms of the financing or financial assistance. Effective October 13, 2017, pursuant to Revenue and Taxation Code section 214(g)(2)(A)(iii), a unit in a property that receives federal low income housing tax credits shall continue to be treated as occupied by a lower income household if the occupants were lower income households on the lien date in the fiscal year in which their occupancy of the unit commenced and the unit continues to be rent restricted, notwithstanding an increase in the income of the occupants of the unit to 140 percent of area median income (AMI), adjusted for family size (“over-income” tenants). Units reserved for lower income households at an affordable rent that are temporarily vacant due to tenant turnover or repairs shall be counted as occupied.

  • Child in need of services means (i) a child whose behavior, conduct or condition presents or results

  • Lower income household means a household having an income equal to or less than the

  • Service-disabled veteran-owned business means a service-disabled veteran-owned business located in the State of Tennessee that satisfies the criteria in Tenn. Code. Ann. § 12-3-1102(8). "Service-disabled veteran" means any person who served honorably in active duty in the armed forces of the United States with at least a twenty percent (20%) disability that is service-connected, i.e., the disability was incurred or aggravated in the line of duty in the active military, naval or air service.

  • Household means a family group living in the same domestic dwelling.

  • Low-income households means households earning 80 percent or less of the countywide median income.