HOPWA Unit definition

HOPWA Unit means a unit in the Development restricted to occupancy by a HOPWA-Eligible Household, which restrictions are more fully set forth in in the HOME/HOPWA Regulatory Agreement.
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HOPWA Unit has the meaning set forth in Section 2.1(a)(1).
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HOPWA Unit means one of the nine (9) Units restricted to occupancy by a HOPWA Eligible Household.
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Examples of HOPWA Unit in a sentence

  • Borrower shall then rent the next available HOPWA Unit to an Extremely Low Income Household that is also a HOPWA Eligible Household, to comply with the requirements of Section 2.1(a)(1) above.

  • In addition, in the event such surviving members of a household would be eligible for occupancy in one of the other units within the Development, upon approval from Borrower, such surviving members may remain in their current unit and the next available unit within the Development will become a HOPWA Unit.

  • Any HOPWA Unit occupied by surviving family members during a grace period remains a HOPWA Unit governed by this Agreement for the full duration of the grace period for the purpose of meeting OWNER’S obligation to provide the requisite unit.

  • The Borrower may increase the Rent of a Tenant residing in a HOPWA Unit only once each year and in an amount not to exceed five percent (5%) per year.

  • Subject to the provisions of Section 2.4 below the Rent paid by a HOPWA Eligible Household that occupies a HOPWA Unit during the HOPWA Term and that continues to reside in the Unit following the expiration of the HOPWA Term, must be equal to the amount specified in Section 2.2(a)(1).

  • Upon termination of occupancy of a HOPWA Unit by a Tenant, such Unit will be deemed to be continuously occupied by a HOPWA Eligible Household if termination occurs during the HOPWA Term, and by a household of the same income level of the vacating Tenant, until such Unit is reoccupied, at which time the character of the Unit will be determined to meet the occupancy requirements of Section 2.1(b) above.

  • Subject to Section 2.3(a)(1) above, in the event that, upon recertification of the income of a Tenant of a HOPWA Unit, the Borrower determines that the Tenant has an Adjusted Income exceeding the maximum qualifying income of a Very Low Income Household but does not exceed the qualifying limit for a Low Income Household, the Tenant may continue to occupy the Unit and, upon sixty (60) days written notice to the Tenant, the Borrower may increase the Tenant's Rent to the TCAC 60% Rent.

  • SUBRECIPIENT anticipates initial occupancy of the HOPWA Unit by October, 2004.

  • If, upon the annual certification of the income a Tenant of a HOME-Assisted Unit that is not a HOPWA Unit, Borrower determines that the Tenant’s income has increased above the qualifying limit for a Low Income Household, the Tenant may continue to occupy the Unit.

  • At all times during the minimum use period, OWNER shall itself provide, or shall maintain an agreement with a qualified service provider to provide, appropriate supportive services to the residents of the HOPWA Unit.


More Definitions of HOPWA Unit

HOPWA Unit means the one single family home located at 523 NE Xxxxxx (a.k.a. 000 XX Xxxxxx) in Portland, Oregon within the housing project described above that is designated for occupancy solely by eligible persons and is operated in conjunction with other PCRI HOPWA-funded housing as a Community Residence as that term is defined at 24 CFR 574.340(a)(2002). Residents of the HOPWA Unit may be referred to in this Agreement as HOPWA Tenants. Minimum use period for the Project is sixty years from the date that the Project obtains certificate of occupancy. Monthly adjusted income means a household’s gross monthly income, adjusted for factors such a age, medical expenses, size of the family and child care expenses pursuant to 24 CFR 813.102 (1997).
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Related to HOPWA Unit

  • Heat unit means a unit of energy equal to the product of the peak kilovoltage, milliamperes, and seconds, i.e., kVp x mA x second.

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • Animal Unit means a unit of measure used to compare differences in the production of animal manure and set forth in Minn. R. 7020.0300, subp. 5.

  • Said Unit means the said Flat, the said Vehicle Parking Space, (if any), and the right of common use of the Common Portions and wherever the context so intends or permits, shall also include the Said Undivided Share.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • FTPS Unit means Units which are purchased through the Fund/SERV(R) trading system or on a manual basis through FTP Services LLC or for which FTP Services LLC is acting as FTPS Unit Servicing Agent.

  • Membership Unit means an outstanding common membership unit of the LLC.

  • LLC Unit means a common limited liability interest in the Company.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.

  • Management Unit means an area established by the Commission for management purposes.

  • Unit and “Quality” means the unit and quantity specified in the schedule.

  • apartment unit means any residential dwelling unit within a building containing three or more dwelling units where access to each residential unit is obtained through a common entrance or entrances from the street level and the residential units are connected by an interior corridor;

  • Partnership Unit Economic Balance means (i) the Capital Account balance of the General Partner plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in each case to the extent attributable to the General Partner’s Partnership Units divided by (ii) the number of the General Partner’s Partnership Units.

  • Mobile food unit means a vehicle-mounted food service establishment designed to be readily movable.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • Spending unit means the department, bureau, division, office, board, commission,

  • Generating Unit means one or more generating equipment combinations typically consisting of prime mover(s), electric generator(s), electric transformer(s), steam generator(s) and air emission control devices.

  • car-share means the practice where a number of people share the use of one or more cars that are owned by a profit or non-profit car-sharing organization and where such organization may require that use of cars to be reserved in advance, charge fees based on time and/or kilometres driven, and set membership requirements of the car-sharing organization, including the payment of a membership fee that may or may not be refundable;

  • Bargaining Unit Member or “employee” means a University employee who is included in the bargaining unit as defined in Article 2: “Recognition and Scope”.

  • target unit means a facility or group of facilities to which an underlying agreement applies; “tCO2 equivalent” means tonnes of carbon dioxide equivalent;

  • Unit owner means the declarant or other person who owns a unit, or a lessee of a unit in a leasehold common interest community whose lease expires simultaneously with any lease, the expiration or termination of which will remove the unit from the common interest community but does not include a person having an interest in a unit solely as security for an obligation. In a condominium or planned community, the declarant is the owner of any unit created by the declaration until that unit is conveyed to another person, in a cooperative, the declarant is treated as the owner of any unit to which allocated interests have been allocated pursuant to section 38-33.3-207 until that unit has been conveyed to another person, who may or may not be a declarant under this article.

  • Operating Unit means, for purposes of this part, primary and constituent operating units designated as such in the Department Order Series of the De- partment of Commerce and, in addi- tion, the Office of the Secretary.

  • Living unit means a room, apartment, cottage, or other area within a facility set aside for the exclusive use or control of one or more identified residents.