INCOME FROM ASSETS. 1. Income from assets is determined by exempting the first $10,000.00 from total assets and computing the balance at a percentage per annum2 as may be set from time to time by BC Housing.
Appears in 4 contracts
Samples: Supportive Housing Fund Operator Agreement, Community Housing Fund Operating Agreement, Operator and Support Services Agreement
INCOME FROM ASSETS. 1. Income from assets is determined by exempting the first $10,000.00 from total assets and computing the balance at a percentage per annum2 as may be set from time to time by BC Housing. Because income from assets is determined by an imputed amount, actual income from assets should not be declared.
Appears in 1 contract
INCOME FROM ASSETS. 1. Income from assets is determined by exempting the first $10,000.00 from total assets and computing the balance at a percentage per annum2 annum3 as may be set from time to time by BC Housing.
Appears in 1 contract
Samples: Expansion Operator Agreement