Housing Income Limits definition

Housing Income Limits means the Housing Income Limits for affordable housing programs (for each category of dwelling unit) established by BC Housing from time to time in the “Courtenay-Comox Planning Areaas shown in the annual Housing Income Limits report published by BC Housing;
Housing Income Limits means the maximum gross household income for eligibility in an affordable housing program (for each category of dwelling unit), based on figures established by CMHC, and are intended to reflect the minimum income required to afford appropriate accommodation in the private market, as published by BC Housing from time to time;
Housing Income Limits means the Housing Income Limits for affordable housing programs (for each category of dwelling unit) established by the British Columbia Housing Management Commission, from time to time, for the “Victoria Planning Areaas shown in the annual Housing Income Limits report published by the British Columbia Housing Management Commission;

Examples of Housing Income Limits in a sentence

  • The intent is to create options for more housing affordability, types and choices, including housing for individuals and families that fall under the Housing Income Limits published by BC Housing, and purpose-built rental housing for moderate income households.

  • This RGI program aims to serve the most vulnerable group first and uses the BC Housing Income Limits (HILS) that are used for similar programs.

  • The City’s Current Definition of Social Housing The City’s current definition of “social housing” requires that 100% of units in the building must be owned by a non-profit or government agency, with at least 30% of units affordable to incomes at or below Housing Income Limits (HILs).1 The HILs replaced the concept of Core Need Income Thresholds since the original definition was adopted, but is essentially the same income measure.

  • Applicants to subsidized housing must meet certain criteria, including being a permanent resident of British Columbia at the time of their application, being able to live independently, and having a gross household income below the Housing Income Limits established by BC Housing.112 The income limits correlate with the income required to pay the average rent in the private rental market.

  • To be eligible for Social Housing, the combined weekly gross income of the applicant, partner and co-applicant must be within Public Housing Income Limits listed in Table 2.


More Definitions of Housing Income Limits

Housing Income Limits. (HILs) represents the maximum income for eligibility to be a Resident. This maximum will be established by BC Housing from time to time.
Housing Income Limits or “HILs” means the Housing Income Limits data published by BC Housing or its successor in function from time to time;
Housing Income Limits means the Housing Income Limits for affordable housing programs (for each category of dwelling unit) established by BC Housing from time to time in the Vancouver Island (Victoria) Planning Area;
Housing Income Limits means the maximum Income for eligibility in affordable housing programs in the Planning Area Vancouver Island, Victoria, as determined for any Year by the British Columbia Housing Management Commission, or its successor in function;
Housing Income Limits means the maximum Income for eligibility to various affordable housing programs in the Abbotsford planning area, as determined by the British Columbia Housing Management Commission, or its successors in function from time to time. For 2021, this annual Income is:
Housing Income Limits means the maximum gross household income allowed to be considered eligible for affordable housing programs, which is provided by BC Housing annually.
Housing Income Limits means the maximum gross household income allowed to be considered eligible for affordable housing programs, which is providedas updated by BC Housing annually from time to time.