Common use of Income Verification Clause in Contracts

Income Verification. The Proponent shall take such steps as are necessary to verify Household Income does not exceed the Initial Income Limit for each Affordable Housing Unit prior to that Affordable Housing Unit’s Initial Occupancy, determined in accordance with the Region’s eligibility and income verification guide for the Program and in a form acceptable to the Region.

Appears in 2 contracts

Samples: Contribution Agreement, Contribution Agreement

AutoNDA by SimpleDocs

Income Verification. The Proponent shall take such steps as are necessary to verify Household Income does not exceed the Initial Income Limit for each Affordable Housing Unit prior to that Affordable Housing Unit’s Initial Occupancy, determined in accordance with the RegionCity’s eligibility Affordable Rental Housing Eligibility and income verification guide for the Program Income Verification Guide and in a form acceptable to the RegionDirector, Housing Stability Services.

Appears in 1 contract

Samples: Contribution Agreement

AutoNDA by SimpleDocs

Income Verification. The For any Unit, the Proponent shall take such steps as are necessary to verify Household Income does not exceed the Initial Income Limit for each Affordable Housing Unit prior to that Affordable Housing Unit’s Initial Occupancyoccupancy, determined in accordance with the RegionCity’s eligibility Affordable Rental Housing Eligibility and income verification guide for the Program Income Verification Guide and in a form acceptable to the RegionDirector.

Appears in 1 contract

Samples: Contribution Agreement

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