Gross household income definition

Gross household income means gross income of a household as those terms are defined in rules of the authority.
Gross household income means all income received by all individuals of a household while they are members of the household.
Gross household income means all income received by all individuals of a household while they

Examples of Gross household income in a sentence

  • Gross household income is adjusted to a net amount available for expenditures after deducting the portion of income dedicated to income taxes, contributions to Social Security and Medicare, savings, and repayment of household debt.

  • Gross household income of any new tenants in the Building will not exceed 120% of Area Median Income, as adjusted for household size.

  • Gross household income is combined household income before taxes are withdrawn.

  • Gross household income is based on your total income reported on Line 15000 of the most recent Tax Notice of Assessment.

  • Gross household income above 140% of current income limit (NAUR)When a previously qualified household’s income exceeds 140% of the applicable income limit, an owner must rent the next available unit, commonly known as next available unit rule (NAUR), of comparable or smaller size in the building to a qualifying household.


More Definitions of Gross household income

Gross household income means all earned and unearned income, including lump sum payments received by a household during the calendar month preceding the month of application.
Gross household income means the aggregate income of:
Gross household income means the gross amount of income of every type, regardless of the source, received by all persons occupying the same household, whether such income was taxable or nontaxable for federal or state income tax purposes, including pensions, annuities, federal Social Security, unemployment payments, veterans' disability compensation, public assistance payments, alimony, support money, workers' compensation, loss-of-time insurance payments, capital gains and any other type of income received, and excluding gifts; and
Gross household income means the combined Income, as defined in this Schedule “E”, of every Occupant residing in an Assisted Housing Unit.
Gross household income means the sum of the incomes of the appli-
Gross household income means the total monies earned or received by all members of a household age 18 and over, including: wages and all types of compensation, before any payroll deductions; spousal and child support; social security, retirement, disability, insurance, and other types of periodic payments; unemployment compensation and other payments in-lieu of earnings; welfare and other public assistance; interest, dividends and other payments generated from any real or personal property; net business income; and, any other type of payment determined to qualify as income by the U.S. Department of Housing and Urban Development (HUD) and as published in the HUD’s Housing Choice Voucher Program Guidebook. The annual gross household income is calculated by multiplying the monthly amounts earned or received at the time of certification by 12 and adjusting for anticipated payments and changes in amounts over the next 12 months.
Gross household income shall have the meaning given in Schedule “E” of this Agreement.