Median income definition

Median income means the median income by household size for the applicable housing region, as adopted annually by COAH or a successor entity approved by the Court.

Median income means the median income by household size for the applicable county, as adopted annually by the Department.

Median income means the median gross yearly income, adjusted for Actual Household Size as specified herein, in the County of Contra Costa, California, as published from time to time by HUD. In the event that such income determinations are no longer published, or are not updated for a period of at least eighteen (18) months, the County shall provide Borrower with other income determinations that are reasonably similar with respect to methods of calculation to those previously published by HUD.

Examples of Median income in a sentence

• The proposed new development aims to house low- income households earning 80% of Area Median Income (AMI) or below by allocating 99 of the units to serve this population.

• Area Median Income (AMI) Limits can be located for each county at: xxx.xxxxxxx.xxx (Data Sets, Income Limits).

• The proposed The Huntington at Richmond development will provide 99 out of 141 total units to households with incomes of 80% of Area Median Income or below.

• Among other requirements, to be eligible for the Program, the micromobility charging site must be publicly accessible and located in a disadvantaged community or in or adjacent to a multi-unit dwelling meeting certain criteria wherein at least 25% of units have a calculated household income no more than 80% of the greater of the Area or State Median Income.

• Xxxxxx, XX Xxxxx Xxxxxx Date Date Attest Name & Title Date Xxxxxxxx Habitat will build 20 affordable housing units to remain affordable to individuals or families whose incomes do not exceed 80% of Area Median Income (AMI) for the agreed upon affordability period (10 years).

More Definitions of Median income

Median income means the median income by household size for the applicable county, as adopted annually by COAH or approved by the NJ Superior Court.

Median income means those incomes that are determined by the federal Department of Housing and Urban Development guidelines and adjusted for family size.

Median income means the median income by household size for the applicable

Median income means annual median family income for the Seattle-Bellevue, WA HUD Metro FMR Area, as published from time to time by the U.S. Department of Housing and Urban Development (HUD) for the Section 8 or successor program, with adjustments according to household size in a manner determined by the Director, which adjustments shall be based upon a method used by HUD, and which adjustments for purposes of determining affordability shall be based on the presumed size of household considered to correspond to the size of the housing unit: for rental housing, one (1) person for studio units and one and a half (1.5) persons per bedroom for other units; for ownership housing, as stated in Chapter 4, Section I.D for Resale Restricted Homes.

Median income means the median family income for the area in which the residence is located or the median family income for the state, whichever is greater.

Median income means area median income as determined by HUD for the San Francisco area, adjusted solely for household size, but not high housing cost area.

Median income means the median family income for the Seattle-Bellevue, WA HUD Metro FMR Area as most recently published by the Secretary of Housing and Urban Development (HUD), as amended. In the event that HUD no longer publishes median family income figures, the City may estimate the Median Income applicable to the City in such manner as the City shall determine in its sole discretion.