Program Income Limits definition

Program Income Limits means the income limits for the Social Housing Rental Program and the Affordable Housing Rental Program, as set forth in Schedule “B” which may be revised or amended by MHRC from time to time.
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Program Income Limits to be used for determining Households In Need are related to household size as applied using the Suitable Accommodations described in "E”: Household without children Up to $56,694 (maximum) Warm Base Rent Family Household (families with children or dependents) Up to $75,592 (maximum) Warm Base Rent Note: Households are to be reviewed annually to confirm eligibility requirements have been met. Should the Household’s gross Income (before taxes) exceed the Program Income Limits the Supplement will terminate and the occupant is responsible for the total monthly rental rate housing charge. From time to time, the Corporation has the right to increase the Program Income Limits and will notify the Owner in written form. Program Income Limits and the Warm Base Rent are reviewed annually and reported on the Manitoba Housing website xxx.xxx.xx.xx/xxxxxxx/xxx.xxxx
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Examples of Program Income Limits in a sentence

  • Program Income Limits and program rents are updated annually by Manitoba Housing and are effective January 1 of each year.

  • The 2019 the Social Housing Program Income Limits are indicated in Table 1: Table 1: 2019 Social Housing Rental Program Income Limits Social housing rent is based on an affordable percentage of the household’s total gross income.

  • The 2019 the Affordable Housing Rental Program Income Limits are indicated in Table 2: Table 2: 2019 Affordable Housing Rental Program Income Limits Household without children Affordable Rents refer to the maximum monthly rent, inclusive of heat, gas, and water, for a designated market area and unit type, as set annually by Manitoba Housing.

  • 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 Limits as set annually by Manitoba Housing.

  • If the tenant is working and qualifies under the Social Housing Program Income Limits, then the rental rate is 30% of gross income.

  • 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 Limits set annually by Manitoba Housing.

  • Household income eligibility will be performed in accordance with procedures identified in HUD’s Technical Guide for Determining Income and Allowances for the HOME Program, Second Edition (HUD-1780-CPD), using the most current HUD HOME Program Income Limits.

  • Some households may include persons who are not counted as family members for the purposes of the Program Income Limits and whose income, if any, is not considered when calculating Anticipated Gross Annual Income.

  • Program Income Limits - The area specific income limits shall be utilized in determining the low-income eligibility for employment, training and contracting activities.

  • The current HOME Program Income Limits are available on the HUD website.

Related to Program Income Limits

  • 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

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

  • Moderate income housing means housing affordable,

  • 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,

  • 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.

  • 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.

  • 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.

  • Small employer carrier means any carrier that offers health benefit plans covering eligible employees of one or more small employers in this state.

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

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

  • Insurance Affordability Program means a program that is one of the following:

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

  • Automatic Investment Plan/Dividend Reinvestment Plan means a program in which regular purchases or sales are made automatically in or from investment accounts in accordance with a predetermined schedule and allocation, including dividend reinvestment plans.

  • Minimum Generation Emergency means an Emergency declared by the Office of the Interconnection in which the Office of the Interconnection anticipates requesting one or more generating resources to operate at or below Normal Minimum Generation, in order to manage, alleviate, or end the Emergency.

  • Professional employer services means services provided to a client company pursuant to a written

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

  • 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.

  • Non-Administrator Coordinated Home Care Program means a Coordinated Home Care Program which does not have an agreement with the Claim Administrator or a Blue Cross Plan but has been certified as a home health agency in accordance with the guidelines established by Medicare.

  • Net Economic Return shall have the meaning ascribed to such term in paragraph 2 of Exhibit E to the Lease.

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

  • PHARMACY ALLOWANCE means the lower of:

  • Group health benefit plan means any health care plan, subscription contract, evidence of

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

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