Examples of Low-income household in a sentence
If, upon the annual certification of the income a Tenant of a County-Assisted Unit, Borrower determines that the income of a Low Income Household has increased above the qualifying limit for a Low Income Household, the Tenant may continue to occupy the Unit.
Any Existing Tenant lawfully residing in the Residence as of the date of this Agreement is entitled to remain a resident of the Residence if such Tenant does not meet the income criteria of this Section 2.1. If and when such non-qualifying Existing Tenant voluntarily vacates the Unit, Borrower shall rent such Unit to a Low Income Household to meet the provisions of this Section.
If, upon recertification of the income of a Tenant of a County-Assisted Unit, Grantee determines that a former Extremely Low Income Household, Very Low Income Household, or Sixty-Five Percent Income Household has an Adjusted Income exceeding the maximum qualifying income for a Low Income Household, such Tenant shall be permitted to continue to occupy the Unit.
Grantee shall rent the next available County-Assisted Unit to an Extremely Low Income Household, a Very Low Income Household, or a Sixty-Five Percent Income Household to meet the requirements of Section 2.1above as applicable.