Persons and families of low and moderate income means persons
Persons and families of low and moderate income means persons and families who cannot afford to pay the amounts at which private enterprise, without federally−aided mortgages or loans from the authority, can provide a substantial supply of decent, safe and sanitary housing and who fall within income limi- tations set by the authority in its rules. In determining such income limitations the authority shall consider the amounts of the total income of such persons available for housing needs, the size of the family, the cost and condition of available housing facilities, stan- dards established for various federal programs and any other fac- tors determined by the authority to be appropriate in arriving at such limitations. Among low− or moderate−income persons and families, preference shall be given to those displaced by govern- mental action.
Persons and families of low and moderate income means persons and families, irrespective of race,
Examples of Persons and families of low and moderate income in a sentence
Persons and families of low and moderate income shall mean those persons and families whose gross annual household income does not exceed 80% of the statewide median income as determined for a household size of four, not adjusted for family size, by theU.S. Department of Housing and Urban Development.
More Definitions of Persons and families of low and moderate income
Persons and families of low and moderate income means persons and families, irrespective of race, creed, national origin, sex, sexual orientation, or gender identity, determined by the HDA to require such assistance as is made available by this chapter on account of insufficient personal or family income taking into consideration, without limitation, such factors as follows: (i) the amount of the total income of such persons and families available for housing needs, (ii) the size of the family, (iii) the cost and condition of housing facilities available, (iv) the ability of such persons and families to com- pete successfully in the normal private housing market and to pay the amounts at which private enter- prise is providing sanitary, decent and safe housing, and (v) if appropriate, standards established for various federal programs determining eligibility based on income of such persons and families.
Persons and families of low and moderate income means persons and families, irrespective of race, creed, national origin or sex, determined by the housing development fund to require such assistance as is made available by this article on account of personal or family income not sufficient to afford sanitary, decent and safe housing, and to be eligible or potentially eligible to occupy residential housing constructed and financed, wholly or in part, with federally insured construction loans, federally insured mortgages, federal mortgages or with other public or private assistance, and in making such determination the fund shall take into account the following: (a) The amount of the total income of such persons and families available for housing needs, (b) the size of the family, (c) the cost and condition of housing facilities available, (d) the eligibility of such persons and families for federal housing assistance of any type predicated upon a low or moderate income basis, and (e) the ability of such persons and families to compete successfully in the normal housing market and to pay the amounts at which private enterprise is providing sanitary, decent and safe housing[.]
Persons and families of low and moderate income means persons and families who cannot afford to pay the amounts at which private enterprise, without federally−aided mortgages or loans from the authority, can provide a substantial supply of decent, safe and sanitary housing and who fall within income limi- tations set by the authority in its rules. In determining such income limitations the authority shall consider the amounts of the total income of such persons available for housing needs, the size of the
Persons and families of low and moderate income means persons and families irrespective of race, creed, national origin, sex, sexual orientation, housing status, or gender identity deemed by the Agency to require such assistance as is made available by this chapter on account of insufficient personal or family income, taking into consideration, without limitation, such factors as:
Persons and families of low and moderate income means persons and families of insufficient personal or family income to afford adequate housing as determined by the standards established by the authority, and in determining such standards the authority shall take into account the following:
Persons and families of low and moderate income means persons and families, irrespective of race, creed, national origin, or sex, determined by the Housing Development Fund to require such assistance as is made available by this article on account of personal or family income not sufficient to afford sanitary, decent, and safe housing, and to be eligible or potentially eligible to occupy residential housing constructed and financed, wholly or in part, with federally insured construction loans, federally insured mortgages, federal mortgages, or with other public or private assistance, or with uninsured construction loans, or uninsured mortgage loans, and in making such determination the fund shall take into account the following: (a) The amount of the total income of such persons and families available for housing needs; (b) the size of the family;
Persons and families of low and moderate income means those persons and families whose adjusted annual income does not exceed one hundred ten (110) per cent of the median family income from time to time established by the United States Department of Housing and Urban Development for the Minneapolis-Saint Paul standard metropolitan statistical area.