Very Low Income Rent. Subject to the provisions of Section 2.4 below, the Rent paid by Tenants of Very Low Income Units may not exceed one-twelfth (1/12) of thirty percent (30%) of fifty percent (50%) of Median Income, adjusted for Assumed Household Size.
Appears in 5 contracts
Samples: Regulatory Agreement and Declaration of Restrictive Covenants, Regulatory Agreement and Declaration of Restrictive Covenants, County Regulatory Agreement and Declaration of Restrictive Covenants
Very Low Income Rent. Subject to the provisions of Section 2.4 2.5 below, the Rent paid by Tenants of Very Low Income Units may not exceed one-twelfth (1/12) of thirty percent (30%) of fifty percent (50%) 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
Very Low Income Rent. Subject to the provisions of Section 2.4 2.3 below, the maximum Rent paid by (including utility allowance) charged to Tenants of the Very Low Income Units may shall not exceed one-twelfth (1/12) of thirty percent (30%) of fifty percent (50%) of Area Median Income, adjusted for Assumed Household Size.
Appears in 2 contracts
Samples: Disposition and Development Agreement, Regulatory Agreement
Very Low Income Rent. Subject to the provisions of Section 2.4 below, the The Rent paid by Tenants of the Very Low Income Units may shall not exceed one-twelfth (1/12) of thirty percent (30%) of fifty percent (50%) of Median Income, adjusted for Assumed Household SizeIncome ("Very Low Income Rent").
Appears in 1 contract
Samples: Regulatory Agreement and Declaration of Restrictive Covenants
Very Low Income Rent. Subject to the provisions of Section 2.4 below, the Rent paid by Tenants a Tenant of a Very Low Income Units Unit may not exceed one-twelfth (1/12) of thirty percent (30%) of fifty percent (50%) of Median Income, adjusted for Assumed Household Size.
Appears in 1 contract
Samples: County Regulatory Agreement and Declaration of Restrictive Covenants
Very Low Income Rent. Subject to the provisions of Section 2.4 2.3 below, the Rent paid by (including utility allowance) charged to Tenants of the Very Low Income Units may shall not exceed one-twelfth (1/12) of thirty percent (30%) of fifty percent (50%) of Median Income, adjusted for Assumed Household Size.
Appears in 1 contract
Samples: County Regulatory Agreement and Declaration of Restrictive Covenants
