Rental Assistance. An employee who transfers to a higher cost rental area and who rents comparable rental accommodation will be provided with rental assistance by Hydro One as follows. The extent of this assistance will be the lesser of:
a) the monthly rent in the old location multiplied by Hydro One’s rental differential; or
b) the amount of the monthly increase in rent. An employee who rents in the former location and purchases in the new location will be eligible for the equivalent of rental assistance as will the employee who conversely owns a home in the former location and rents in the new location. Rental assistance will be provided for a five year period, based on 100% assistance in the first year and decreasing by 10% annually over the next four years. This assistance will cease if the employee transfers to a new work location, terminates his/her employment with Hydro One, ceases to rent, retires or dies.
Rental Assistance. An employee who transfers to a higher cost rental area and who rents comparable rental accommodation will be provided with rental assistance by Inergi as follows. The extent of this assistance will be the lesser of:
a) the monthly rent in the old location multiplied by Inergi’s rental differential; or
b) the amount of the monthly increase in rent. An employee who rents in the former location and purchases in the new location will be eligible for the equivalent of rental assistance as will the employee who conversely owns a home in the former location and rents in the new location. Rental assistance will be provided for a five year period, based on 100% assistance in the first year and decreasing by 10% annually over the next four years. This assistance will cease if the employee transfers to a new work location, terminates his/her employment with Inergi, ceases to rent, retires or dies.
Rental Assistance. The Project is currently subject to an existing HUD assistance contract. Project Owner shall renew the assistance contract throughout the full term of the GRRP Affordability Period, as specified on page 1 of this Agreement. Disaster Preparedness Plan. All Owners must develop, maintain and update a Property-wide Disaster Preparedness Plan for the Affordability Period. The Disaster Preparedness Plan should be informed by the climate hazard risks identified in the NRI and in climate projection tools, and any Hazard Mitigation Plan developed by the local jurisdiction. The Disaster Preparedness Plan should include an evacuation plan that includes safe egress route(s), plans for evacuating residents with disabilities, medical needs, or other special needs, and clear communication of the evacuation plan and safety resources for residents. The plan must include effective communication for individuals with disabilities and meaningful access for individuals with Limited English Proficiency. For residents with special needs, the plan must include a strategy for emergency evacuation and relocation, including discussion of facilities of like capacity that are equipped to provide critical needs-related care and services at a level similar to the originating facility. The Owner must make the Disaster Preparedness Plan available to residents upon request.
Rental Assistance. An employee who transfers to a higher cost rental area and who rents comparable rental accommodation will be provided with rental assistance by ESA as follows. The extent of this assistance will be the lesser of:
a) the monthly rent in the old location multiplied by ESA rental differential; or
b) the amount of the monthly increase in rent.
Rental Assistance. An employee who transfers to a higher cost rental area and who rents comparable rental accommodation will be provided with rental assistance by Kinectrics as follows. The extent of this assistance will be the lesser of:
a) the monthly rent in the old location multiplied by Kinectrics rental differential; or
b) the amount of the monthly increase in rent.
Rental Assistance. An employee who transfers to a higher cost rental area and who rents comparable rental accommodation will be provided with rental assistance by Vertex as follows. The extent of this assistance will be the lesser of:
a) the monthly rent in the old location multiplied by Vertex’s rental differential; or
b) the amount of the monthly increase in rent. An employee who rents in the former location and purchases in the new location will be eligible for the equivalent of rental assistance as will the employee who conversely owns a home in the former location and rents in the new location. Rental assistance will be provided for a five year period, based on 100% assistance in the first year and decreasing by 10% annually over the next four years. This assistance will cease if the employee transfers to a new work location, terminates his/her employment with Vertex, ceases to rent, retires or dies.
Rental Assistance. This is financial assistance to directly pay for a participant’s rent and/or utilities to secure and maintain housing. It may be used for temporary housing, sober housing, and bridging to community- based supportive housing. Provision of housing or housing services is not contingent on participating in other services.
Rental Assistance. This section describes how to calculate the “Rent-Geared-to-Income Housing Charges” for Assisted Households. Occupants (defined above) pay Rent-Geared-to-Income (RGI) Housing Charges based on a range of twenty-five percent (25%) to thirty percent (30%) of their total Gross Household Income (as defined in Schedule “E”). Housing Providers will determine the RGI percentage used, based on the Housing Provider’s individual needs. A Housing Provider must ensure that they consistently apply the same RGI percentage for all applicable Assisted Households in the Project. To calculate the Rental Assistance, Housing Providers will apply the following calculation: • Calculate the total Gross Household Income of all occupants (defined above); • Apply a twenty-five percent (25%) to thirty percent (30%) ratio (as determined by the Housing Provider) to the total Gross Household Income amount; • Determine whether to apply an adjustment for services; • Determine whether an Over-Housing Charge needs to be applied; • Deduct this adjusted Rent-Geared-to-Income Housing Charge from the Occupancy Charge to determine the Rental Assistance amount to be allocated to the Assisted Household.
Rental Assistance. If the Project is for the purpose of providing rental assistance, the Recipient may request advance disbursement of up to 25% of the Grant Award each quarter. If the request is granted, the Recipient must reconcile the advance at the end of the quarter, before submitting the next advance disbursement request. All types of advance disbursement requests must be directed in writing to the Committee and contain sufficient information for the request to be evaluated. Advance disbursements may be granted or denied in the sole discretion of the BOCC.
Rental Assistance. Rental assistance under the TBRA PROGRAM is available to eligible households for no more than 24 months of rental assistance, as described in Section 9 of this CONTRACT, for Permanent Housing that includes rental properties such as apartments, condominiums, and single family homes; but excludes units and/or housing that are used for transitional or solely overnight assistance.
