Persons or families of low or moderate income definition

Persons or families of low or moderate income means an individual or household whose income qualifies as low income or moderate income as defined by the United States Department of Housing and Urban Development (HUD) as adjusted from time to time. HUD defines low income as any individual or household earning less than fifty percent of the area median income. HUD defines moderate income as any individual or household earning between fifty percent and eighty percent of the area median income."
Sample 1Sample 2
Persons or families of low or moderate income means persons or families, including special needs populations, who qualify to receive a benefit or assistance pursuant to the applicable state or federal statutes, rules, and regulations governing the administration of such program or programs under which the persons or families shall receive the benefit or assistance.
Sample 1
Persons or families of low or moderate income means an individual
Sample 1

More Definitions of Persons or families of low or moderate income

Persons or families of low or moderate income means persons and families whose income does not exceed the qualifying limits for “persons or families of low or moderate income” within the meaning of Section 103(b)(4)(A) of the Internal Revenue Code of 1954, as amended.
Sample 1
Persons or families of low or moderate income means the income of an individual or household as a percentage of the Area Median Income as established by the United States Department of Housing and Urban Development (HUD) as adjusted from time to time. HUD defines Low Income as any individual or household earning less than 50% of the Area Median Income. HUD defines moderate income as any individual or household earning between 50% and 80% of the Area Median Income."
Sample 1
Persons or families of low or moderate income means persons as
Sample 1
Persons or families of low or moderate income means persons and
Sample 1

Related to Persons or families of low or moderate income

  • Persons of low income means persons or families who lack the amount of income which is necessary (as determined by the housing authority undertaking the housing project) to enable them, without financial assistance, to live in decent, safe and sanitary dwellings, without overcrowding;

  • Moderate income means more than 50 percent but less than 80

  • 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.

  • Extremely low-income household means a single person,

  • 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.

  • Severe forms of trafficking in persons means— (1) Sex trafficking in which a commercial sex act is induced by force, fraud, or coercion, or in which the person induced to perform such act has not attained 18 years of age; or

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • Moderate income housing means housing affordable,

  • Very Low Income means 30 percent or less of the median gross

  • Unconsolidated Affiliates means an Affiliate of the Parent Entity or any other member of the Consolidated Group whose financial statements are not required to be consolidated with the financial statements of the Parent Entity in accordance with GAAP.

  • Non-Participating Marriage and Family Therapist means a Marriage and Family Therapist who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Extremely Low Income means a household earning less than 30 percent of area median income pursuant to Health and Safety Code, section 50105.

  • Program Income means gross in- come earned by the recipient that is di- rectly generated by a supported activ- ity or earned as a result of the award (see exclusions in § 215.24(e) and (h)). Program income includes, but is not limited to, income from fees for serv- ices performed, the use or rental of real or personal property acquired under federally-funded projects, the sale of commodities or items fabricated under an award, license fees and royalties on patents and copyrights, and interest on loans made with award funds. Interest earned on advances of Federal funds is not program income. Except as other- wise provided in Federal awarding agency regulations or the terms and conditions of the award, program in- come does not include the receipt of principal on loans, rebates, credits, dis- counts, etc., or interest earned on any of them.

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

  • Non-Regulatory Opportunity Cost means the difference between (a) the forecasted cost to operate a specific generating unit when the unit only has a limited number of starts or available run hours resulting from (i) the physical equipment limitations of the unit, for up to one year, due to original equipment manufacturer recommendations or insurance carrier restrictions, (ii) a fuel supply limitation, for up to one year, resulting from an event of Catastrophic Force Majeure; and,

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

  • Disposable income means that part of the income due and payable of any individual remaining

  • Apportionable income means the gross income of the business taxable under the service classifications of a city's gross receipts tax, including income received from activities outside the city if the income would be taxable under the service classification if received from activities within the city, less any exemptions or deductions available.

  • CAFRA Centers, Cores or Nodes means those areas with boundaries incorporated by reference or revised by the Department in accordance with N.J.A.C. 7:7-13.16.

  • Available Income means the Up-MACRO Available Income or the Down-MACRO Available Income, as applicable.

  • Special categories of personal data means information about an individual's racial or ethnic origin, political opinions, religious or philosophical beliefs, trade union membership, health, sex life or sexual orientation and biometric data.

  • Consolidated Income Available for Fixed Charges means, with respect to any period, Consolidated Net Income for such period plus all amounts deducted in the computation thereof on account of (a) Fixed Charges and (b) taxes imposed on or measured by income or excess profits.

  • Ownership Percentage with respect to any Member means the percentage of ownership of a Member determined by taking the total Capital Units held by such Member divided by the aggregate total number of issued and outstanding Capital Units.

  • Simplified and/or aggregate billing arrangement means a billing arrangement providing additional medical gap benefits.

  • Consolidated federal taxable income means the consolidated taxable income of an affiliated group of corporations, as computed for the purposes of filing a consolidated federal income tax return, before consideration of net operating losses or special deductions. "Consolidated federal taxable income" does not include income or loss of an incumbent local exchange carrier that is excluded from the affiliated group under division (A)(1) of this section.

  • Eligible low-income customer means a customer whose household income does not exceed 150% of the poverty level, as published by the United States Department of Health and Human Services, or who receives any of the following: