Extremely Low Income Rent definition

Extremely Low Income Rent means the maximum allowable rent for an Extremely Low Income Unit pursuant to Section 2.2(b) below.
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Extremely Low Income Rent means one-twelfth (1/12) of thirty percent (30%) of thirty percent (30%) of Median Income, adjusted for Assumed Household Size.
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Extremely Low Income Rent has the meaning set forth in Section 2.2(a) below.
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Examples of Extremely Low Income Rent in a sentence

  • If, upon the annual certification of the income of a Tenant of an Extremely Low Income Unit, Borrower determines that the income of the Tenant has increased above the qualifying limit for an Extremely Low Income Household, but not above the qualifying income for a Sixty Percent Income Household, the Tenant may continue to occupy the Unit and the Tenant's Rent will remain at the Extremely Low Income Rent.

  • Subject to the provisions of Section 2.4 below, the Rent paid by Tenants of Extremely Low Income Units may not exceed the Extremely Low Income Rent.


More Definitions of Extremely Low Income Rent

Extremely Low Income Rent means the rent permitted to be charged for an Extremely Low Income Unit pursuant to Section 2.2, below.
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Extremely Low Income Rent means the maximum allowable rent for a Unit reserved for rental to an Extremely Low Income Household pursuant to Section 2.2(b) below.
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Extremely Low Income Rent means the maximum allowable rent for an Extremely Low Income Unit pursuant to Section 2.a below.
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Extremely Low Income Rent means the maximum rent published by TCAC for an Extremely Low Income Household in Contra Costa County for the applicable bedroom size.
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Related to Extremely Low Income Rent

  • Extremely low-income household means a single person,

  • Very Low Income means 30 percent or less of the median gross

  • Very low-income household means a household with a total gross annual household income equal to 30 percent or less of the median household income.

  • Very low-income unit means a restricted unit that is affordable to a very low-income household.

  • Low-income household means a household with a total gross annual household income equal to 50 percent or less of the median household income.

  • Low-income means the adjusted income for a Family which does not exceed 80 percent of the area median income.

  • Low-income unit means a restricted unit that is affordable to a low-income household.

  • Below Investment Grade means, with respect to any Series of RVMTP Shares and as of any date, the following ratings with respect to each Rating Agency (to the extent it is a Rating Agency on such date):

  • Maximum contaminant level means the maximum permissible level of a contaminant in water which is delivered to any user of a public water system.

  • Low-level radioactive waste or “waste” means radioactive material that consists of or contains class A, B, or C radioactive waste as defined by 10 C.F.R. 61.55, as in effect on January 26, 1983, but does not include waste or material that is any of the following: