Common use of Extremely Low Income Rent Clause in Contracts

Extremely Low Income Rent. Subject to the provisions of Section 2.4 below, the Rent paid by Tenants of Extremely Low Income Units may not exceed one-twelfth (1/12) of thirty percent (30%) of thirty percent (30%) of Median Income, adjusted for Assumed Household Size.

Appears in 5 contracts

Samples: Regulatory Agreement and Declaration of Restrictive Covenants, Regulatory Agreement and Declaration of Restrictive Covenants, Home/CDBG Regulatory Agreement

AutoNDA by SimpleDocs

Extremely Low Income Rent. Subject to the provisions of Section 2.4 2.5 below, the Rent paid by Tenants of Extremely Low Income Units Units, may not exceed one-twelfth (1/12) of thirty percent (30%) of thirty percent (30%) of Median Income, adjusted for Assumed Household Size.

Appears in 3 contracts

Samples: Regulatory Agreement and Declaration of Restrictive Covenants, County Regulatory Agreement and Declaration of Restrictive Covenants, County Regulatory Agreement and Declaration of Restrictive Covenants

Extremely Low Income Rent. Subject to the provisions of Section 2.4 below, the Rent paid by Tenants a Tenant of an Extremely Low Income Units Unit may not exceed one-twelfth (1/12) of thirty percent (30%) of thirty percent (30%) of Median Income, adjusted for Assumed Household Size.

Appears in 2 contracts

Samples: County Regulatory Agreement and Declaration of Restrictive Covenants, County Regulatory Agreement and Declaration of Restrictive Covenants

Extremely Low Income Rent. Subject to the provisions of Section 2.4 2.3 below, the Rent paid by (including utility allowance) charged to Tenants of the Extremely Low Income Units may shall not exceed one-twelfth (1/12) of thirty percent (30%) of thirty percent (30%) of Median Income, adjusted for Assumed Household Size.

Appears in 1 contract

Samples: County Regulatory Agreement and Declaration of Restrictive Covenants

Extremely Low Income Rent. Subject to the provisions of Section 2.4 2.3 below, the Rent paid by Tenants of Extremely Low Income Units may Units, shall not exceed one-twelfth (1/121/12th) of thirty percent (30%) of thirty percent (30%) of Median Income, adjusted for Assumed Household Size.

Appears in 1 contract

Samples: Regulatory Agreement and Declaration of Restrictive Covenants

Extremely Low Income Rent. Subject to the provisions of Section 2.4 2.3 below, the Rent paid by Tenants of Extremely Low Income Units Units, may not exceed one-twelfth (1/121/12th) of thirty percent (30%) of thirty percent (30%) of Median Income, adjusted for Assumed Household Size.

Appears in 1 contract

Samples: Regulatory Agreement and Declaration of Restrictive Covenants

AutoNDA by SimpleDocs

Extremely Low Income Rent. Subject to the provisions of Section 2.4 2.4(a)(3) below, the Rent paid by Tenants a Tenant of an Extremely Low Income Units Unit may not exceed one-twelfth (1/12) of thirty percent (30%) of thirty percent (30%) of Median Income, adjusted for Assumed Household Size.

Appears in 1 contract

Samples: Home/Hopwa Regulatory Agreement

Extremely Low Income Rent. Subject to the provisions of Section 2.4 2.4(a) below, the Rent paid by Tenants of Extremely Low Income Units may not exceed one-twelfth (1/12) of thirty percent (30%) of thirty percent (30%) of Median Income, adjusted for Assumed Household Size.

Appears in 1 contract

Samples: Home/Hopwa Regulatory Agreement

Extremely Low Income Rent. Subject to the provisions of Section 2.4 below, the Rent paid by Tenants a Tenant of an Extremely Low Income Units Unit, may not exceed one-twelfth (1/12) of thirty percent (30%) of thirty percent (30%) of Median Income, adjusted for Assumed Household Size.

Appears in 1 contract

Samples: County Regulatory Agreement and Declaration of Restrictive Covenants

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!