Housing Subsidy definition

Housing Subsidy. Program shall mean any other state or federal housing subsidy program providing rental or other subsidy to the Development or to Low or Moderate Income Tenants. Low or Moderate Income Persons or Families shall mean persons or Families whose Annual Incomes do not exceed eighty percent (80%) of the Median Income for the Area, and shall also mean persons or Families meeting such lower income requirements as may be required under the Comprehensive Permit. Low or Moderate Income Tenants shall mean Low or Moderate Income Persons or Families who occupy the Affordable Units.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Housing Subsidy means any portion of a rental

Housing Subsidy. Program shall mean any other state or federal housing subsidy program providing rental or other subsidy to the Development. HUD shall mean the United States Department of Housing and Urban Development. Lender shall mean the Construction Lender and/or the Permanent Lender.

Examples of Housing Subsidy in a sentence

• Performance Measures help evaluate the effectiveness of the Permanent Housing Subsidy programs.

• Permanent Supportive Housing Core Elements ‌ Grantees should adhere to the core elements of Permanent Supportive Housing, as applicable, when administering Permanent Housing Subsidy.

• The foregoing provisions shall not relieve the Developer of any obligations it may have under the provisions of other documents and instruments it has entered with respect to any applicable Housing Subsidy Program; provided, however, the Subsidizing Agency shall have no obligation hereunder, expressed or implied, to monitor or enforce the applicable requirements of any such Housing Subsidy Programs.

• The Developer shall maintain the Development in good physical condition in accordance with the Subsidizing Agency’s requirements and standards and the requirements and standards of the Mortgage and any applicable Housing Subsidy Program.

• The Department of Commerce (Commerce) has identified the following as the most critical performance measures for Permanent Housing Subsidy programs: ✓ Prioritizing those exiting state psychiatric hospitals and community psychiatric inpatient beds.

• The Department of Commerce (Commerce) has identified the following as the most critical performance measures for Office of Supportive Housing Permanent Housing Subsidy programs: ✓ Prioritizing those exiting state psychiatric hospitals and community psychiatric inpatient beds.

• Grantees should adhere to the core elements of Permanent Supportive Housing, as applicable, when administering Permanent Housing Subsidy.

• OPWDD also makes sure that the Provider Agency/Fiscal Intermediary is doing what they are supposed to do under the Housing Subsidy program, including making sure that the Provider Agency/Fiscal Intermediary sends OPWDD all of the documents needed for you to keep your Housing Subsidy.

• Working with the Provider Agency/Fiscal Intermediary, OPWDD arranges to make money available for the OPWDD Housing Subsidy.

• Typically, dispute resolution processes include Informal Agency Processes, Mediation Services, DHHS Housing Subsidy Appeals Procedure or DHHS’ formal grievance process.

More Definitions of Housing Subsidy

Housing Subsidy means any portion of a rental payment that is derived from a public or private assistance, grant, or loan program and

Housing Subsidy means the subsidy Dampier Salt provides to its employees who occupy Private housing.

Housing Subsidy means a payment to a Housing Provider by the Contractor of the Housing costs of an Eligible Consumer, subject to the Maximum Subsidy allowed under this Contract. Housing Subsidies under this Contract may be combined with other housing bridge subsidies (deposits, application fees, etc.) that are available to the Eligible Consumer, but may not duplicate any such subsidies.

Housing Subsidy. Program shall mean any other state or federal housing subsidy program providing rental or other subsidy to the Development.

Housing Subsidy means any portion of a rental payment that is derived from a public or private assistance, grant, or loan program and that is paid by the program directly, indirectly, or on behalf of a tenant to a landlord.