High HOME Rent definition

High HOME Rent means a monthly Rent that does not exceed the maximum rent published by HUD for a Low Income Household for the applicable bedroom size as set forth in 24 C.F.R. 92.252(a).
Sample 1Sample 2Sample 3
High HOME Rent means a rent that does not exceed the area 65% rent limit, as determined by HUD, with a utility allowance deduction, approved by the City, for all utility costs to be paid by the tenant.
Sample 1
High HOME Rent means a rent that does not exceed the area 65% rent limit, as determined by HUD, with a utility allowance deduction, approved by the Department, for all utility costs to be paid by the tenant.
Sample 1

Examples of High HOME Rent in a sentence

  • No tenant may be excluded from leasing a HOME rental project because they hold a certificate, voucher, or comparable document from any rental assistance program.Rents for HOME assisted units may not exceed the rent published by HUD for the applicable unit size, adjusted for any applicable utility allowance (known as the "High HOME Rent").

  • Computer simulation is a key to discovering a wealth of useful knowledge for many disciplines.

  • Once this is done, the tenant’s rent can be adjusted to up to the High HOME Rent.Scenario 4: The owner recertifies the tenant incomes and finds that the tenant in Unit 105, a 1-bedroom High HOME Rent unit, has gone over-income.• The property is temporarily out of compliance.

  • Application of organic manure beyond the critical threshold ofthe soil on the other hand, may cause potential damage to the crop in form of reduced fruit yield due to higher vegetative growth (Dikinya and Mufwanzala, 2010).

  • All the other HOME-assisted units are occupied by income-eligible tenants.• Unit 303 retains its designation as a High HOME Rent unit.

  • Once a new Low HOME Rent unit has been designated, the Low HOME Rent unit that is occupied by the over- income tenant must be redesignated as a High HOME Rent unit.

  • This might happen in a property that has a very low-income tenant living in a High HOME Rent unit.

  • The property is temporarily out of compliance until either: (1) a High HOME Rent unit can be redesignated as a Low HOME Rent unit, or (2) the unit is vacated and can be rented to another very low- income tenant household.The unit that is occupied by the over-income tenant retains its designation as a Low HOME Rent unit until another unit can be redesignated as the Low HOME Rent unit.

  • Each emergency medical service provider organizations shall notify the agency within thirty (30) days of the present and past specific location of any emergency medical service vehicles if the location of the emergency medical service vehicles is changed from that specified in the provider organization's application for emergency medical service provider organizations certification or certification renewal.

  • Finally, the sub-component will finance knowledge management and learning events to promote the interests of youth.


More Definitions of High HOME Rent

High HOME Rent means the lesser of (1) the fair market rent for existing housing for a comparable residence in the area as established by HUD under 24 CFR 888.111, or (2) a rent that does not exceed 30 percent of the adjusted income of a family whose annual income equals 65 percent of the median income for the area, as determined by HUD, with adjustment for number of bedrooms in the Residence. The HOME rents provided by HUD will include average occupancy per unit and adjusted income assumptions.
Sample 1

Related to High HOME Rent

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Residential Rental Unit means an area legally licensed or permitted for use as a living space containing a sleeping area, bathing and sanitation facilities and cooking facilities equipped with a cooking range, refrigerator and sink, all of which are separate and distinct from other Residential Rental Units. Reg. §§ 1.103-8(a) 8(i).

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • Rentals of a Person means the aggregate fixed amounts payable by such Person under any Operating Lease.

  • Mobile home park means a parcel of land, or two or more

  • Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;

  • Rental housing means development of a building or structure with four or more dwelling units all of which are intended for use as rented residential premises.

  • Urban renewal area means a slum area or a blighted area or a combination thereof which the municipality designates as appropriate for an urban renewal project.

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

  • Net Lease means a lease in which the tenant undertakes to pay all or substantially all the cash expenses, excluding debt service, related to the leased property.

  • Residential building means a building containing one or more residential dwellings.

  • Rate Center Area means the following in each applicable area:

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Residential address means the physical location where the student’s parents, legal guardians, persons having legal, lawful control of the student under order of a court, or persons standing in loco parentis reside. A student may use the residential address of a legal guardian, person having legal, lawful control of the student under order of a court, or person standing in loco parentis only if the student resides at the same residential address and if the guardianship or other legal authority is not granted solely for educational needs or school attendance purposes.