Income Limits definition

Income Limits means limits as defined by Housing and Urban development Income limits Documentation System for the state of Wisconsin adjusted for the year and household size for “Low Income”, “Very Low Income” and “Extremely Low Income".

Income Limits means the maximum income limits for Families as set forth in the applicable Program Documents. Income Limits are subject to change and may be amended by MFA from time to time.

Income Limits means limits on income set by HUD used as one of determining eligibility factors for Federal and State housing assistance programs. Definitions for very low, low, and moderate income vary by program and are determined by the gross household income and household size.

Examples of Income Limits in a sentence

• Program Requirements a) Income Limits The household's annual income must not exceed the applicable income limit for the community as established by HUD and/or the IRS.

• For current Income Limits refer to the publication A guide to Australian Government payments.

• This QAP contains uniform resource locators to resources utilized by THDA in the application process such as the Tennessee Growth Policy Act, Multifamily Tax Subsidy Project Income Limits, Qualified Census Tracts, designations of Difficult to Develop Areas, Fair Housing Act requirements, etc.

• Income limits are based on Area Median Income (AMI) which can be located for each county at: www.huduser.gov (Data Sets, Income Limits).

• At loan closing, the purchaser will be provided a Notice of Recapture along with a Federal Income Limits chart.

More Definitions of Income Limits

Income Limits means a household income not exceeding the gross earnings for the Unit as named in the Recitals of this deed restriction and the Guidelines.

Income Limits. Means-tested programs restrict benefits to per- sons or families with incomes below certain limits. Families with incomes above the cutoff level do not receive aid. By contrast, a universal program will provide benefits to everyone without regard to income.

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 "Xxxxxx-N.Cowichan Area" as shown in the annual Housing Income Limits report published by BC Housing;

Income Limits means the federally adjusted income limits for a borrower(s), by household size, by area

Income Limits means the income limits determining eligibility for occupancy in a housing project as prescribed by a Federal or State agency or any other public source which is primarily responsible for the financing or the insurance of the financing of the project.

Income Limits means the maximum income limits for Borrowers as set forth in the applicable Program Documents. Income Limits are subject to change and may be amended by CalHFA from time to time.

Income Limits means the maximum income limits for Small (1-2 persons) and Large (3 or more persons) Families are subject to change and may be ammended from time to time. The Income Limit applicable to a Household is set forth in the Notice of Availability of Funds with respect to each issue of Bonds and other MFA programs.