Income Limitations definition

Income Limitations means a system of maximum income limitations or income targeting designed to assure that the persons or families who benefit from financial assistance under this program would, through the ordinary, unaided operation of private enterprise, be unable to own or improve homes.
Sample 1Sample 2Sample 3

Examples of Income Limitations in a sentence

  • There are criteria, satisfactory to the Corporation, which provide for maximum Income Limitations or a system of income targeting designed to ensure that persons who purchase or improve Homes which benefit from financial assistance provided pursuant to the Act, are persons who, through the ordinary, unaided operation of private enterprise, would be unable to purchase or improve homes.

  • Income Limitations: Income shall not exceed three hundred percent (300%) of the SSI Federal Benefit Rate for an individual.

  • In addition, to the Income Limitations requirements, an asset test considering all assets owned by the applicant, other than the applicant’s house, vehicle, and household goods, will be used in determining whether relief should be granted.

  • Borrower Income Limitations: 80% of the area median income (AMI) adjusted for family size.

  • The u n i ve r s i ­ t i e s can do ver y l i t t l e about t he n , nor can they expect I n the near fut ur e any r a d i c a l change to t ake place i n t hese envir on­ ment al condit ions to make t h e i r t asks e a s i e r .

  • With indirect rapid tooling, create molds or tools based on the master pattern and use those final toolsin your workflow.

  • Income Limitations: Must be over the applicable Medicaid limit and under two hundred fifty percent (250%) of the FPL.

  • Income Limitations: Must be ineligible for Medicaid and no more than two hundred fifty percent (250%) of the FPL.

  • Example 2: New Tenants Manipulated Income Limitations An income-qualified household consisting of one person moved into a two bedroom unit on March 15, 2005.

  • How Adjustments and Low Income Limitations are Applied in Washington State 21 APPENDIX I - Order Review Definitions 23APPENDIX II - Order Review Questionnaire 25APPENDIX III - Relevant Statutes 29Report SummaryFederal law requires states to enact statewide child support guidelines for setting child support awards.

Related to Income Limitations

  • Concentration Limitations Limitations satisfied on each Measurement Date on or after the Effective Date and during the Reinvestment Period if, in the aggregate, the Collateral Obligations owned (or in relation to a proposed purchase of a Collateral Obligation, owned and proposed to be owned) by the Issuer comply with all of the requirements set forth below (or in relation to a proposed purchase after the Effective Date, if any such requirement is not satisfied, the level of compliance with such requirement is maintained or improved after giving effect to the purchase), calculated in each case as required by Section 1.3 herein:

  • Limitation Acts means the Limitation Xxx 0000 and the Foreign Limitation Periods Xxx 0000.

  • COVID-19 Measures means any quarantine, “shelter in place”, “stay at home”, workforce reduction, social distancing, shut down, closure or sequester order, guideline, recommendation or Law, or any other applicable Laws, guidelines or recommendations by any Governmental Entity in connection with or in response to COVID-19.

  • Tax Limitation Period means the Tax Years for which the Applicant’s Qualified Property is subject to the Tax Limitation Amount and as further identified in Section 2.3.D of this Agreement.

  • Effluent limitation means any restriction imposed by the Director on quantities, discharge rates, and concentrations of pollutants that are discharged from point sources into waters of the United States, the waters of the contiguous zone, or the ocean.

  • Income-withholding order means an order or other legal

  • Matching Contributions means local cash and/or in-kind contributions made by the Contractor, a subcontractor, or other local resources that qualify as match for the Contract funding.

  • Limitation Date means the first of March 20, June 20, September 20 or December 20 in any year to occur on or immediately following the date that is one of the following numbers of years after the Restructuring Date: 2.5 years (the "2.5-year Limitation Date"), 5 years, 7.5 years, 10 years (the "10- year Limitation Date"), 12.5 years, 15 years, or 20 years, as applicable. Limitation Dates shall not be subject to adjustment in accordance with any Business Day Convention.

  • Limitation means any provision other than an Exclusion that restricts coverage under this Contract.