Median Income Household definition

Median Income Household means a household whose combined annual gross income for all members does not exceed one hundred (100) percent of the median income for the City and County of San Francisco, as calculated by MOH using data from the United States Department of Housing and Urban Development (or, if unavailable, alternative data used by MOH for such purposes) and adjusted for household size.
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Median Income Household means a single person, family, or unrelated persons living together whose income is at or below 100 percent of the median income adjusted for family size as most recently determined by the federal department of housing and urban development for the county in which the housing is located and in effect as of January 1st of the year in which the determination is to be made as to whether the single person, family, or unrelated persons living together qualify as a median-income household.
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Median Income Household means a household whose Household Income does not exceed the Area Median Income applicable to Marin County, adjusted for household size, as published annually by the California Department of Housing and Community Development; generally a household with a Household Income between eighty percent (80%) and one hundred percent (100%) of Area Median Income, adjusted for actual household size.
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Examples of Median Income Household in a sentence

  • If, upon annual recertification of a Tenant's Household Income, the Developer determines that a former Very Low Income or Low Income Household's Income has increased and exceeds the qualifying income for a Very Low Income or Low Income Household, but does not exceed the qualifying limit for a Median Income Household, then, upon expiration of the Tenant's lease and after thirty (30) days written notice to the Tenant, the Tenant's rent may be increased to Affordable Rent for Median Income Households.

  • The average sale prices of BMR Units within a single building (or, if applicable, the average sales prices of BMR Units within a Principal Project and its Affiliate Project) shall be affordable to a Median Income Household.

  • Low Income Housing Tax Credit Income Limits, 2008 (60% of Area Median Income) Household Size 1 2 3 4 5 6 7 8 9 10 11 12Income41,34047,22053,16059,04063,78068,46073,20077,94082,68087,36092,10096,840 3.3 Income Inclusions and ExclusionsThe following criteria are based on the applicable Code of Federal Regulations, with respect to the determination of income eligibility.


More Definitions of Median Income Household

Median Income Household means a household whose household income does not exceed one hundred percent (100%) of the area median income applicable to the County
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Median Income Household means a household with an
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Median Income Household means individuals or households who have an adjusted gross income that does not exceed Median Income.
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Median Income Household means a household whose Gross Income does not exceed one hundred percent (100%) of AMI.
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Median Income Household means the median income by household size for the applicable county, as adopted annually by COAH or approved by the New Jersey Superior Court.
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Median Income Household means a household whose combined annual gross income for all members does not exceed one hundred percent (100%) of the median income for the City and County of San Francisco, as calculated by MOHCD using data from the United States Department of Housing and Urban Development (or, if unavailable, alternative data used by MOHCD for such purposes) and adjusted for household size.
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Related to Median Income Household

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • Median household income (MHI) means the calculation computed by the U.S. Census Bureau - Income of Households - This includes the income of the householder and all other individuals 15 years old and over in the household, whether they are related to the householder or not. Because many households consist of only one-person, average household income is usually less than average family income. The median divides the income distribution into two equal parts: one-half of the cases falling below the median income and one-half above the median. For households and families, the median income is based on the distribution of the total number of households and families including those with no income. The median income for individuals is based on individuals 15 years old and over with income. Median income for households, families, and individuals is computed on the basis of a standard distribution.

  • Lower income household means a household having an income equal to or less than the

  • 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.

  • Household income means the combined income of the members

  • Moderate income housing means housing affordable,

  • Gross household income means gross income of a household as those terms are defined in rules of the authority.

  • Area Median Income means the most recent applicable county median family income published by the California Tax Credit Allocation Committee.

  • Very low-income household means a household with a total gross annual household income equal to 30 percent or less of the median household income.

  • Child-headed household means a household where the main caregiver of the said household is younger than 18 years of age. Child-headed household means a household headed by a child as defined in terms of section 28(3) of the Constitution.

  • Low-income household means a household with a total gross annual household income equal to 50 percent or less of the median household income.

  • Households means one or more natural persons or a family who pays 30 percent of their household income toward their monthly rent and is determined by Grantee to be eligible for rental assistance under this Agreement.

  • Low Income Households means households earning 80 percent or less of the countywide median income.

  • Units serving lower income households means units that are occupied by lower income households at an affordable rent, as defined in section 50053 of the Health and Safety Code or, to the extent that the terms of federal, state, or local financing or financial assistance conflicts with section 50053, rents that do not exceed those prescribed by the terms of the financing or financial assistance. Effective October 13, 2017, pursuant to Revenue and Taxation Code section 214(g)(2)(A)(iii), a unit in a property that receives federal low income housing tax credits shall continue to be treated as occupied by a lower income household if the occupants were lower income households on the lien date in the fiscal year in which their occupancy of the unit commenced and the unit continues to be rent restricted, notwithstanding an increase in the income of the occupants of the unit to 140 percent of area median income (AMI), adjusted for family size (“over-income” tenants). Units reserved for lower income households at an affordable rent that are temporarily vacant due to tenant turnover or repairs shall be counted as occupied.

  • Extremely low-income household means a single person,

  • Eligible Household means a household that is eligible to receive fuel assistance through the Maine State Housing Authority pursuant to section 4722, subsection 1, paragraph W; section 4741, subsection 15; and subchapter XIII and rules adopted pursuant to these laws. "Eligible household" does not include a tenant who resides in subsidized housing and receives a utility allowance or a tenant whose utilities are included in the rent. [PL 2001, c. 257, §1 (NEW).]

  • Farmworker Household means a household of one or more persons wherein at least one member of the household is a Farmworker at the time of initial occupancy.

  • Per capita income means the average for the most recent three years for

  • Household means a family group living in the same domestic dwelling.

  • Plan for moderate income housing means a written document adopted by

  • Certified household means a household that has been certified by an Administrative Agent as a low-income household or moderate-income household.

  • Desjardins Investments means Desjardins Investments Inc. “DFSF” means Desjardins Financial Services Firm Inc. “DSFI” means Desjardins Financial Security Investments Inc. “DSI” means Desjardins Securities Inc.

  • Qualified low-income community investment or “QLICI” shall have the same meaning as set forth in IRC § 45D(d) and 26 C.F.R. 1.45D-1(d).

  • Family or household members means spouses, domestic partners, former spouses, former domestic partners, persons who have a child in common regardless of whether they have been married or have lived together at any time, adult persons related by blood or marriage, adult persons who are presently residing together or who have resided together in the past, persons sixteen years of age or older who are presently residing together or who have resided together in the past and who have or have had a dating relationship, persons sixteen years of age or older with whom a person sixteen years of age or older has or has had a dating relationship, and persons who have a biological or legal parent-child relationship, including stepparents and stepchildren and grandparents and grandchildren.

  • Real estate salesperson means an individual who for compensation or valuable consideration is employed either directly or indirectly by a licensed real estate broker to sell or offer to sell, buy or offer to buy, provide or offer to provide market analyses of, list or offer or attempt to list, or negotiate the purchase, sale, or exchange of real estate; to negotiate the mortgage of real estate; to negotiate for the construction of a building on real estate, or to lease or offer to lease, or rent or offer for rent, real estate; who is employed by a real estate broker to engage in property management; or who sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others, as a whole or partial vocation.

  • Head of household means the parent or parents with whom the dependent child or children were residing at the time of placement in foster care.