Common use of Eligible Tenant Clause in Contracts

Eligible Tenant. Individuals earning 60% or less of the HUD-determined Median Family Income (as amended from time to time) for the Durham Metro region at time of initial occupancy. Each individual will be defined as a separate household for income verification purposes.

Appears in 8 contracts

Samples: Forgivable Loan Agreement, Forgivable Loan Agreement, Forgivable Loan Agreement

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Eligible Tenant. Individuals Households earning 60% or less of the HUD-determined Median Family Income (as amended from time to time) for the Durham Metro region at time of initial occupancy. Each individual will be defined as a separate household for income verification purposes.

Appears in 6 contracts

Samples: Permanent Loan Agreement, Permanent Loan Agreement, Permanent Loan Agreement

Eligible Tenant. Individuals earning households whose income is at or below 60% or less of the HUD-HUD- determined Area Median Family Income (as amended from time to time) for the Durham Metro region at time of initial occupancy. Each individual will be defined as a separate household for income verification purposes.

Appears in 3 contracts

Samples: Home Construction/Permanent Loan Agreement, Home Construction/Permanent Loan Agreement, Home Construction/Permanent Loan Agreement

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Eligible Tenant. Individuals earning 6050% or less of the HUD-determined Median Family Income (as amended from time to time) for the Durham Metro region at time of initial occupancy. Each individual will be defined as a separate household for income verification purposes.

Appears in 3 contracts

Samples: Forgivable Loan Agreement, Forgivable Loan Agreement, Forgivable Loan Agreement

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