Qualified Households definition
Examples of Qualified Households in a sentence
The term of all leases shall be no less than 30 days in duration and no greater than 12 months in duration, provided that unlimited renewals to Qualified Households are permitted.
DHS shall refer Qualified Households to Borrower for tenant qualification and, when requested by DHS, Borrower shall waive the minimum income and credit requirements (including past evictions) for Qualified Households without violent criminal histories.
Owner shall actively market any vacant Unit, with the goal that all Units be occupied by Qualified Households at all times.
The Units shall be leased to Qualified Households for initial lease terms that are not less than 6 months in duration.
Notwithstanding anything to the contrary in the Deed Restriction, if there are no eligible Qualified Households available to rent a Unit, Owner may rent such Unit to occupants other than a Qualified Household.
The Rent Mechanism is the schedule of maximum rents to be charged to Qualified Households occupying Qualified Units that establishes Affordability.
During the Affordability Period the Borrower shall maintain records evidencing versification of Tenant Household Income and the Rents charged Qualified Households.
Qualified Households may not exceed certain income limitations and are subject to household composition and student status requirements.
At this property, Qualified Households must meet certain income and student status limitations.
The Borrower must assure that the type and numbers of units specified in Section 1.1 of this Agreement are occupied or are available for occupancy by Qualified Households in the income classes specified during the Affordability Period.