Gross monthly household income definition

Gross monthly household income means the gross monthly income from all sources, including but not limited to salaries, wages, dividends, pensions, grants, rentals, board and lodging, interest received, donations and any other form of financial support or investment income, received by every person residing on the property.
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Gross monthly household income means the gross monthly household income of both the owner and spouse or partner including any party in a co- habitation relationship from all sources, including but not limited to salaries, wages, dividends, pensions, grants, rentals, board and lodging, interest received, and any investment income. Care dependency grants, foster child grants and child support grants are specifically excluded from gross monthly household income. This income definition is specific to the Rates Policy and does not relate to any other external definitions of income;
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Gross monthly household income means the gross monthly household income of both the owner and spouse or partner including any party in a co- habitation relationship from all sources, including but not limited to salaries, wages, dividends, pensions, grants, rentals, board and lodging, interest received, and any investment income. This income definition is specific to the Rates Policy and does not relate to any other external definitions of income.
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Examples of Gross monthly household income in a sentence

  • Gross monthly household income (GHI) refers to the total gross monthly household income of immediate and non-immediate family members (refer to s/n 4).2.

  • Gross monthly household income includes basic employment income, trade/self-employed income, overtime pay, allowances, cash awards, commissions, and bonuses.healthcare settings, it will also encourage care to be sought at the most appropriate setting, and avoid disadvantaging the patient with a different subsidy status as he moves across different care settings.

  • Gross monthly household income must equal three times (3) the stated monthly rent.

  • Other main countries affected by the restructuring plan are Denmark, USA and Canada.

  • Gross monthly household income (GHI) of $4,000 and below or gross monthly household per capita income (PCI) of $1,000 and below.

  • Jaquelin Mackinnon, ‘Academic Supervision: seeking metaphors and models for quality’, Journal of Further and Higher Education, 28:4 (2004), 395-405.In response to what constitutes effective supervision, the comments by this student reflect what others also foreground:Prompt response and evaluation of written work is very important.

  • Gross monthly household income must equal 2 1/2 times the stated monthly rent.

  • Income Requirements Gross monthly household income must be sufficient to cover the rent and other typical household obligations.

  • Gross monthly household income should equal 3 times the stated monthly rent.2. Two current paycheck stub from your employer will be required if we are unable to verify income over the phone.

  • Gross monthly household income is, for the purposes of the COVID-19 Home Retention Waterfall, the sum of all monthly income (before any deductions) from salary, employment, pensions, and any other form of regular compensation received by the borrower,and all obligors onthe guaranteed loan.(a) The servicer then calculates causing (of COVID-19 arrearages and principal) to exceed 30 percent of the UPB.


More Definitions of Gross monthly household income

Gross monthly household income means the gross monthly income of both the owner and spouse or partner from salaries, wages, dividends, pensions, disability grants, rentals, board and lodging, interest received, and any investment income. This income definition is specific to the Rates Policy and does not relate to any other external definitions of income.
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Related to Gross monthly household income

  • Household income means the combined income of the members

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.