Minimum Annual Household Income. The Minimum Annual Household Income is determined by multiplying the total monthly Housing Cost by twelve (12) and dividing this number by thirty-eight percent (38%). Examples of the calculation of the Minimum Annual Household Income are included in the attached Schedule 1.
Appears in 2 contracts
Samples: Affordable Housing Covenant, Affordable Housing Covenant
Minimum Annual Household Income. The Minimum Annual Household Income is determined by multiplying the total monthly Housing Cost by twelve (12) and dividing this number by thirty-eight percent (38%). Examples of the calculation of the Minimum Annual Household Income are included in the attached Schedule 1.
Appears in 1 contract
Samples: Affordable Housing Covenant
Minimum Annual Household Income. The Minimum Annual Household Income is determined by multiplying the total monthly Housing Cost by twelve (12) and dividing this number by thirty-eight percent (38%). Examples of the calculation of the Minimum Annual Household Income are included in the attached Schedule 1.
Appears in 1 contract
Samples: Affordable Housing Covenant
