Program Income Limit definition

Program Income Limit. – means the Affordable Housing Rental Program Income Limits for families and households without children. These are reviewed annually by Manitoba Housing and published on the Manitoba Housing website at:
Program Income Limit is established by the Corporation and at time of application results in the denial of a Household to occupy a Designated Unit or re-designate the unit as stated in Schedule “A” if that Household’s total Income exceeds the applicable Program Income Limit as identified in Schedule “B”.
Program Income Limit. – means the Social and Affordable Housing Rental Program Income Limits for families and households without children. These are reviewed annually by Manitoba Housing and published on the Manitoba Housing website at: https://www.gov.mb.ca/housing/progs/pil.html

Examples of Program Income Limit in a sentence

  • This funding pays a portion of the member share for 30 households whose annual incomes fall below a specified amount (the Affordable Housing Program Income Limit).

  • All applicants for affordable housing must provide the co-op with proof that their gross household income (Line 150 of their tax return) for the most recent tax year is below the Affordable Housing Program Income Limit.

  • Social Housing Rental Program: The Social Housing Rental Program provides long-term housing for low-income households whose total household income is below the Social Housing Program Income Limit as follows: Table 1: 2016 Social Housing Rental Program Income Limits Social housing rent is based on an affordable percentage of the household’s total gross income.

  • Furnished apartment residents are responsible for their own residence fees and Residence Agreement.The Affordable Housing Program exists within Family Housing and is designed for lower-to-moderate income households whose Total Household Income is below the Program Income Limit.

  • To ensure that units produced as a result of this REOI are made available to low income individuals, tenants of Rent Geared-to-Income (RGI) units must have a total income at or below the Social Housing Program Income Limits as set out in Appendix “D” and tenants of Affordable units must have a total income at or below the Affordable Housing Program Income Limit as set out in Appendix “F”.

  • However, household income includes all income from persons 18 and over with an income source that will be residing at the home.• “Eligible Homebuyer” means a household with a dependent(s), where total household income is at or below the Affordable Housing Program Income Limit for Manitoba and where the household does not currently own a home or have any vested or beneficial interest in a residential property.

  • Affordable Housing Rental Program: The Affordable Housing Rental Program is for lower-moderate income households whose total household income is above the Social Housing Rental Program Income Limits as indicated in Table 1 but whose total household income is at or below the Affordable Housing Rental Program Income Limit indicated in Table 2.

  • The Program Income Limit for 2017 is $71,255 for a Family Household (with children or dependents).

  • The Affordable Housing Program is designed for lower-to- moderate income households whose Total Household Income (THI) is below the Program Income Limit.

  • See also Section 3 of this handbook, Protect the Privacy of Customers and Confidential Company Information.


More Definitions of Program Income Limit

Program Income Limit. – means the Affordable Housing Rental Program Income Limits for families and households with their Dependants. The current Program Income Limit for families with children or Dependents is $84,600 gross household income. The Program Income Limits are reviewed annually by Manitoba Housing and published on the Manitoba Housing website

Related to Program Income Limit

  • 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.

  • Program fund means the program fund created under Section 53B-8a-107,

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

  • Maximum Generation Emergency Alert means an alert issued by the Office of the Interconnection to notify PJM Members, Transmission Owners, resource owners and operators, customers, and regulators that a Maximum Generation Emergency may be declared, for any Operating Day in either, as applicable, the Day-ahead Energy Market or the Real-time Energy Market, for all or any part of such Operating Day.

  • Best available control technology (BACT means an emissions limitation (including a visible emission standard) based on the maximum degree of reduction for each pollutant subject to regulation under CAA which would be emitted from any proposed major stationary source or major modification which the Department, on a case-by-case basis, takes into account energy, environmental, and economic impacts and other costs, determines is achievable for such source or modification through application of production processes or available methods, systems, and techniques, including fuel cleaning or treatment or innovative fuel combustion techniques for control of such pollutant. In no event shall application of best available control technology result in emissions of any pollutant which would exceed the emissions allowed by any applicable standard under 7 DE Admin. Code 1120 and 1121. If the Department determines that technological or economic limitations on the application of measurement methodology to a particular emissions unit would make the imposition of an emissions standard infeasible, a design, equipment, work practice, operational standard, or combination thereof, may be prescribed instead to satisfy the requirement for the application of best available control technology. Such standard shall, to the degree possible, set forth the emissions reduction achievable by implementation of such design, equipment, work practice or operation, and shall provide for compliance by means which achieve equivalent results.

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Company receives from portfolio companies) accrued during the calendar quarter, minus the Company’s operating expenses for the quarter (including the base management fee, expenses payable under the administration agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the incentive fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Company has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Moderate income housing means housing affordable,

  • GP-Related Net Income (Loss) has the meaning set forth in Section 5.1(b).

  • Annual income means all amounts, monetary or not, which:

  • Umbrella Cash Account means (a) a cash account designated in a particular currency opened

  • 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.

  • Best available control technology or “BACT” means an emissions limitation, including a visible emissions standard, based on the maximum degree of reduction for each regulated NSR pollutant which would be emitted from any proposed major stationary source or major modification which the reviewing authority, on a case-by-case basis, taking into account energy, environmental, and economic impacts and other costs, determines is achievable for such source or modification through application of production processes or available methods, systems, and techniques, including fuel cleaning or treatment or innovative fuel combination techniques for control of such pollutant. In no event shall application of best available control technology result in emissions of any pollutant which would exceed the emissions allowed by any applicable standard under 567—subrules 23.1(2) through 23.1(5) (standards for new stationary sources, federal standards for hazardous air pollutants, and federal emissions guidelines), or federal regulations as set forth in 40 CFR Parts 60, 61 and 63 but not yet adopted by the state. If the department determines that technological or economic limitations on the application of measurement methodology to a particular emissions unit would make the imposition of an emissions standard infeasible, a design, equipment, work practice, operational standard or combination thereof may be prescribed instead to satisfy the requirement for the application of best available control technology. Such standard shall, to the degree possible, set forth the emissions reduction achievable by implementation of such design, equipment, work practice or operation and shall provide for compliance by means which achieve equivalent results.

  • PHARMACY ALLOWANCE means the lower of:

  • Moderate-income unit means a restricted unit that is affordable to a moderate-income household.

  • 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,

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

  • Number of Students Who Began the Program means the number of students who began a program who were scheduled to complete the program within 100% of the published program length within the reporting calendar year and excludes all students who cancelled during the cancellation period.

  • Annual payroll means the total amount of wages subject to contributions during a twelve-month period ending with the last day of the second calendar quarter of any calendar year.

  • Basic health plan model plan means a health plan as required in RCW 70.47.060(2)(e).

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Maximum Generation Emergency means an Emergency declared by the Office of the Interconnection to address either a generation or transmission emergency in which the Office of the Interconnection anticipates requesting one or more Generation Capacity Resources, or Non- Retail Behind The Meter Generation resources to operate at its maximum net or gross electrical power output, subject to the equipment stress limits for such Generation Capacity Resource or Non-Retail Behind The Meter resource in order to manage, alleviate, or end the Emergency.

  • High Deductible Health Plan means a Health Plan as defined by 26 USC § 223(c)(2)(A) that also is a Qualified Health Plan.

  • Incentive Distributions means any amount of cash distributed to the holders of the Incentive Distribution Rights pursuant to Section 6.4.

  • economic activity means putting goods or services on a market. It is not necessary to make a profit to be engaged in economic activity: if others in the market offer the same good or service, it is an economic activity.

  • Period of Affordability means the time during which HOME Loan financed units must remain affordable to eligible households, as defined by HOME program regulations and this Plan. The Period of Affordability shall commence upon completion of the project and shall run for the period required under HOME regulations or the term of the HOME Loan, whichever is greater. Completion shall be defined as set forth in the HUD regulations for the HOME program.

  • Initial Monthly Payment Fund An amount representing scheduled principal amortization and interest at the Net Mortgage Rate for the Due Date in the first Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans for which the Trustee will not be entitled to receive such payment, and as more specifically defined in the Series Supplement.