Income Category definition

Income Category means a category of income or gain for which a separate Income Tax rate is applicable (such as ordinary income, long-term capital gain to a noncorporate Member, “unrecaptured Section 1250 gain,” “qualified dividend income,” and “collectibles gain” (each as defined under Section 1(h) of the Code)).
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Income Category means the income category to be used to qualify Eligible Households and determine the Affordable Sales Price for the BMR Units.
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Income Category means and refers to the following categories: Low-Income, Moderate-Income and Middle-Income, as those categories are further defined and set forth herein and in the Procedures Manual.
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Examples of Income Category in a sentence

  • Persons in the next higher Income Category may bid on lower Income Category units; however bidders qualifying for the unit Income Category have priority.

  • Summary Tables: Deaths By Cause, Age and Sex, By World Bank Income Category and WHO Region, 2000–2012.

  • Figure 21: Applicant Summary by Eligibility, Income Category, and County This data indicates that a population of vulnerable individuals may be in need of focused outreach and intake assistance to review their eligibility for the CDBG-DR program, especially in areas where FEMA IA assistance was applied for but not provided.

  • Provide the proposed sales prices/ rental rates of each Community Home by type, size, and Income Category.

  • A sample calculation to determine the Affordable Sales Price is illustrated as follows: Scenario: • Property: a 3-bedroom condominium• Applicant: a 3-person household with a gross annual income of $67,000 Steps to Determine the Income Category of the Applicant1.

  • For lower-income renters, severe cost burden can require families to double up resulting in overcrowding and related problems.Table H-8: Overpayment by Income Category Income CategorySource: SCAG, based on HUD Comprehensive Housing Affordability Strategy (CHAS) developed with 2005-2009 American Community Survey (ACS).

  • Section V (Housing Action Plan) contains Program 3 to encourage and facilitate the development of affordable housing units during the current planning period.Table H-34: Land Inventory Summary Income Category TotalSource: City of Lake Forest Development Services Department, 2013.

  • Monthly Gross Rental Rates shall not exceed either the current published maximum gross rental rates for each Income Category published by BCHA or greater than 30% of an employee’s income.

  • This includes an interest in or contributions to a pension fund or retirement fund, profit- sharing plan, life or health insurance, buy-out agreements, severance agreements, etc.) Name and Address of source Description of Income Category Value (If not applicable, write “None” or “N/A”).

  • Comparison of Housing Units Constructed and Projected Housing Needs; Humboldt County Unincorporated Areas, 2014 – 2018 Household Income Category* Reported values are for building permits issued.Source: Humboldt County Planning and Building Department, 2019 The table shows the County permitted construction of 435 fewer units than the total projected housing need during the 2014-2018 time period, and constructed 58% of the projected need.


More Definitions of Income Category

Income Category means the income category to be used to qualify Eligible Purchasers and determine the Affordable Sales Price for the Below Market Units.
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Income Category means Moderate-Income, Low-Income, and Very Low-Income household as defined in this section.
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Income Category means Extremely Low Income Household, Very Low Income Household, Lower Income Household, and Moderate Income Household.
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Related to Income Category

  • eligible Category means Category (1) set forth in the table in paragraph 1 of Schedule 1 to this Agreement;

  • eligible Categories means Categories (1) through (4) set forth in the table in paragraph 1 of Schedule 1 to this Agreement;

  • Issue Type Category means, with respect to a Municipal Obligation acquired by the Fund, for purposes of calculating S&P Eligible Assets as of any Valuation Date, one of the following categories into which such Municipal Obligation falls based upon a good faith determination by the Fund: health care issues (including issues related to teaching and non-teaching hospitals, public or private); housing issues (including issues related to single- and multi-family housing projects); educational facilities issues (including issues related to public and private schools); student loan issues; transportation issues (including issues related to mass transit, airports and highways); industrial development bond issues (including issues related to pollution control facilities); public power utilities issues (including issues related to the provision of electricity, either singly or in combination with the provision of other utilities, and issues related only to the provision of gas); water and sewer utilities issues (including issues related to the provision of water and sewers as well as combination utilities not falling within the public power utilities category); special utilities issues (including issues related to resource recovery, solid waste and irrigation as well as other utility issues not falling within the public power and water and sewer utilities categories); general obligation issues; lease obligations (including certificates of participation); Escrowed Bonds; and other issues (“Other Issues”) not falling within one of the aforementioned categories. The general obligation issue category includes any issuer that is directly or indirectly guaranteed by the State or its political subdivisions. Utility issuers are included in the general obligation issue category if the issuer is directly or indirectly guaranteed by the State or its political subdivisions. Municipal obligations in the utility issuer category will be classified within one of the three following sub-categories: (i) electric, gas and combination issues (if the combination issue includes an electric issue); (ii) water and sewer utilities and combination issues (if the combination issues does not include an electric issue); and (iii) irrigation, resource recovery, solid waste and other utilities, provided that Municipal Obligations included in this sub-category (iii) must be rated by S&P in order to be included in S&P Eligible Assets. Municipal Obligations in the transportation issue category will be classified within one of the two following sub-categories: (i) streets and highways, toll roads, bridges and tunnels, airports and multi-purpose port authorities (multiple revenue streams generated by toll roads, airports, real estate, bridges); (ii) mass transit, parking seaports and others.

  • Transaction Category means the particular type of repurchase transaction effected hereunder, as determined with reference to the term of the transaction and the categories of Securities that constitute Eligible Securities therefor, which term shall include FICASH I Transactions, FICASH II Transactions, FICASH III Transactions, FITERM I Transactions, FITERM II Transactions, FITERM III Transactions, and such other transaction categories as may from time to time be designated by the Funds by notice to Seller, Custodian and Repo Custodian.

  • Rating Category means one of the generic rating categories of any Rating Agency without regard to any refinement or gradation of such rating by a numerical modifier or otherwise.

  • Clinical categories means the groups into which hospital treatments are categorised by type, e.g., brain and nervous system, kidney and bladder, and digestive system. At the time of writing there were 38 categories in the Medicare clinical categories system.

  • Product Category means the applicable category which best describes the product as listed in this Section 94508.

  • Obligation Category means Payment, Borrowed Money, Bond, Loan, or Bond or Loan, only one of which shall be specified in the Standard, and:

  • Special Category Data means any personal data revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership, and the processing of genetic data, biometric data for the purpose of uniquely identifying a natural person, data concerning health or data concerning a natural person's sex life or sexual orientation.

  • Highest Rating Category means, with respect to a Permitted Investment, that the Permitted Investment is rated by S&P or Moody’s in the highest rating category given by that rating agency for that general category of security. By way of example, the Highest Rating Category for tax exempt municipal debt established by S&P is “A 1+” for debt with a term of one year or less and “AAA” for a term greater than one year, with corresponding ratings by Moody’s of “MIG 1” (for fixed rate) or “VMIG 1” (for variable rate) for three months or less and “Aaa” for greater than three months. If at any time (i) both S&P and Moody’s rate a Permitted Investment and (ii) one of those ratings is below the Highest Rating Category, then such Permitted Investment will, nevertheless, be deemed to be rated in the Highest Rating Category if the lower rating is no more than one rating category below the highest rating category of that rating agency. For example, a Permitted Investment rated “AAA” by S&P and “Aa3” by Moody’s is rated in the Highest Rating Category. If, however, the lower rating is more than one full rating category below the Highest Rating Category of that Rating Agency, then the Permitted Investment will be deemed to be rated below the Highest Rating Category. For example, a Permitted Investment rated “AAA” by S&P and “A1” by Moody’s is not rated in the Highest Rating Category.

  • Category 2 Training: This category includes services related to training state employees to understand and apply Agile concepts and tools.

  • Category 3 means a DG facility of greater than 200 kW and not more than 1 MW.

  • Highest Required Investment Category (i) With respect to ratings assigned by Moody’s, “Aa2” or “P-1” for one month instruments, “Aa2” and “P-1” for three month instruments, “Aa3” and “P-1” for six month instruments and “Aa2” and “P-1” for instruments with a term in excess of six months, (ii) with respect to rating assigned by S&P, “A-1” for short-term instruments and “A” for long-term instruments, and (iii) with respect to rating assigned by Fitch (if such investment is rated by Fitch), “F-1+” for short-term instruments and “AAA” for long-term instruments.

  • Category means a category set forth in the table in Section IV of Schedule 2 to this Agreement.

  • Special Categories of Data means personal data revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership, and the processing of genetic data, biometric data for the purpose of uniquely identifying a natural person, data concerning health or data concerning a natural person's sex life or sexual orientation;

  • Category Fee Schedules Bond Funds (continued)

  • Categories in this Schedule is to a Category or Categories of the Table.)

  • Peak tube potential means the maximum value of the potential difference across the x-ray tube during an exposure.

  • Annual Revenue means the Company’s or a business unit’s net sales for the Fiscal Year, determined in accordance with generally accepted accounting principles; provided, however, that prior to the Fiscal Year, the Committee shall determine whether any significant item(s) shall be excluded or included from the calculation of Annual Revenue with respect to one or more Participants.

  • Category 1 means medical education activities that have been designated as Category 1 by the Accreditation Council for Continuing Medical Education (ACCME), the American Osteopathic Association (AOA), a state medical society, or an equivalent organization.

  • Supplier Profit Margin means, in relation to a period, the Supplier Profit for the relevant period divided by the total Charges over the same period in respect of any Call Off Agreements and expressed as a percentage;

  • Service Call A visit to Your Residence by one of HomeServe’s approved local technicians, where work is performed to diagnose and complete a single repair, or where it is determined the repair is not covered.

  • Unadjusted Benchmark Replacement means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

  • Eligible low-income customer means a customer whose household income does not exceed 150% of the poverty level, as published by the United States Department of Health and Human Services, or who receives any of the following:

  • Regular general election means the election held throughout the state on the first

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).