Common use of Forty Percent Income Rent Clause in Contracts

Forty Percent Income Rent. Subject to the provisions of Section 2.5 below, the Rent paid by Tenants of Forty Percent Income Units may not exceed one-twelfth (1/12) of thirty percent (30%) of Forty Percent (40%) 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

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Forty Percent Income Rent. Subject to the provisions of Section 2.5 2.3 below, the Rent paid by Tenants of Forty Percent Income Units Units, may not exceed one-twelfth (1/121/12th) of thirty percent (30%) of Forty Percent forty percent (40%) of Median Income, adjusted for Assumed Household Size.

Appears in 2 contracts

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

Forty Percent Income Rent. Subject to the provisions of Section 2.5 2.4(b) below, the Rent paid by Tenants a Tenant of a Forty Percent Income Units Unit, may not exceed one-twelfth (1/121/12th) of thirty percent (30%) of Forty Percent forty percent (40%) of Median Income, adjusted for Assumed Household Size.

Appears in 1 contract

Samples: Home/Hopwa Regulatory Agreement

Forty Percent Income Rent. Subject to the provisions of Section 2.5 2.4 below, the Rent paid by Tenants a Tenant of a Forty Percent Income Units Unit, may not exceed one-twelfth (1/121/12th) of thirty percent (30%) of Forty Percent forty percent (40%) of Median Income, adjusted for Assumed Household Size.

Appears in 1 contract

Samples: County Regulatory Agreement and Declaration of Restrictive Covenants

Forty Percent Income Rent. Subject to the provisions of Section 2.5 2.4 below, the Rent paid by Tenants of Forty Percent Income Units Units, may not exceed one-twelfth (1/12) of thirty percent (30%) of Forty Percent forty percent (40%) of Median Income, adjusted for Assumed Household Size.

Appears in 1 contract

Samples: County Regulatory Agreement and Declaration of Restrictive Covenants

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Forty Percent Income Rent. Subject to the provisions of Section 2.5 2.4(a) and 2.4(b) below, the Rent paid by Tenants a Tenant of a Forty Percent Income Units Unit, may not exceed one-twelfth (1/121/12th) of thirty percent (30%) of Forty Percent forty percent (40%) of Median Income, adjusted for Assumed Household Size.

Appears in 1 contract

Samples: Home/Hopwa Regulatory Agreement

Forty Percent Income Rent. Subject to the provisions of Section 2.5 below, the Rent paid by Tenants of Forty Percent Income Units Units, may not exceed one-twelfth (1/12) of thirty percent (30%) of Forty Percent forty percent (40%) of Median Income, adjusted for Assumed Household Size.

Appears in 1 contract

Samples: Regulatory Agreement and Declaration of Restrictive Covenants

Forty Percent Income Rent. Subject to the provisions of Section 2.5 2.4 below, the Rent paid by Tenants of Forty Percent Income Units may not exceed one-twelfth (1/12) of thirty percent (30%) of the Forty Percent (40%) of Median Income, adjusted Income Rent for Assumed Household Sizethe applicable bedroom size.

Appears in 1 contract

Samples: Regulatory Agreement and Declaration of Restrictive Covenants

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