Examples of Eligible Tenants in a sentence

The Borrower shall not discontinue the operation of the Property as residential rental units for Eligible Tenants.
At all times following the completion of the Improvements, the Borrower shall operate the Improvements as residential rental units for occupancy by Eligible Tenants.
During the term of the loan, at all times following the completion of the Improvements of 80 affordable units, the Borrower shall operate those Improvements as residential rental units for occupancy by Eligible Tenants.
ELIGIBLE TENANTS: All units will be rented to Eligible Tenants at or below 60% of HUD-determined Area Median Family Income.
On 21 November 2008, Wharf and LCJG entered into a Master Tenancy Agreement, whereby the parties have, in principle, agreed that the Eligible Tenants are eligible to lease from the Eligible Landlords properties within the Eligible Premises during a three-year period commencing from 1 January 2009 and ending on 31 December 2011.

More Definitions of Eligible Tenants

Eligible Tenants. Any person whose Adjusted Gross Income, together with the Adjusted Gross Income of all persons who intend to reside with such person in one dwelling unit, did not, for the immediately preceding taxable year, immediately preceding their initial occupancy of such dwelling unit, exceed an amount equal to 175% of the Median Gross Income for the Area, adjusted for the number of persons who intend to reside in such dwelling unit in a manner consistent with making adjustments for family size for purposes of determining "lower income families" under Section 8(f)(3) of the Housing Act, or such greater percentage of Median Gross Income for the Area as may be established from time to time by the City Council of the City, in accordance with the Act, as the maximum amount constituting middle income within the meaning of the Act.

Eligible Tenants. One or more natural persons or a family, irrespective of race, creed, religion, color, age, national origin, marital status, familial status, handicap or sex, whose total adjusted annual household income, as defined in the Income Certification, does not exceed 150% of the highest of the median income for the State, the County or the South Census Region in which the Development is located, as determined in the latest published Decile Distributions of Family Income by Standard Metropolitan Statistical Areas and Non-Metropolitan Counties prepared and published from time to time by the United States Department of Housing and Urban Development, as adjusted at least annually by the Agency or its executive director according to the most recent Consumer Price Index or such other valid statistical information as the Agency or its executive director may determine, provided, however, that the annual household income as determined above shall not be lower than the annual household income requirement as of the date of the initial delivery of the Bonds which median income is $33,800 and 150% of which is $50,700 as to the Developments located in Hillsborough County and Pinellas County, Florida and which median income is $38,900 and 150% of which is $58,350 for the Developments located in Orange County, Florida. "Environmental Indemnity" - That certain Environmental Indemnity dated June 13, 1991 from the Developer, Xxxx Xxxxxx and Xxxxxx X. Xxxxxxxx to the Agency.

Eligible Tenants are those tenants whose aggregate gross annual income does not exceed the respective percentages set forth in Table 1 above of the annual median income, as adjusted for household size. All the units shall be Affordable Units as referenced in the Table. The income of all co-tenants and/or non-dependent occupants shall be taken into account in determining whether a household is an Eligible Tenant hereunder. For purposes of this Agreement, the current annual median income shall be the median income defined by the State Department of Housing and Community Development (“HCD”) as the then current median income for the San Diego Standard Metropolitan Statistical Area, established periodically by HCD, as adjusted for household size. The rents and the occupancy restrictions shall be deemed adjusted, from time to time, in accordance with any adjustments that are authorized by HCD or any successor agency. In the event HCD ceases to publish an established median income as aforesaid, the City may, in their sole discretions, use any other reasonably comparable method of computing adjustments in area median income. Notwithstanding anything contained herein to the contrary, to the extent any other restrictions applicable to the Property limit the rent and/or occupancy of the Property, the most restrictive shall apply.

Eligible Tenants means (a) individuals and families of low, very low and extremely low income,

Eligible Tenants means Eligible Applicants who are being referred to available Assisted Units in accordance with the Inter-Agency Agreement and for whom community-based, long-term care services are available at time of referral. Such services are voluntary; referral shall not be based on Eligible Tenant’s willingness to accept or not accept such services.

Eligible Tenants means Eligible Tenant means an Extremely Low-Income Person with a Disability, between the ages of 18 and 62 at the time of admission, and Extremely Low Income Families, which includes at least one Person with a Disability, who is between the ages of 18 and 62 at the time of admission. The Person with Disabilities must be eligible for community-based, long-term services as provided through Medicaid waivers, Medicaid state plan options, state funded services or other appropriate services related to the target populations under the Inter-Agency Partnership Agreement.

Eligible Tenants means all LCJG Group Members and all those associated companies of LCJG which are connected persons (as defined under the Listing Rules) of Wharf during the Term