Qualified Residents definition

Qualified Residents means Low Income Residents or Very Low Income Residents, as applicable.
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Qualified Residents means Very Low Income Residents. “Qualified Space” - a Very Low Income Space. “Space” - A mobile home space within the Project upon which a mobile home may be
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Qualified Residents means Very Low Income Residents and Low Income Residents. “Qualified Space” - a Very Low Income Space or a Low Income Space.
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Examples of Qualified Residents in a sentence

  • In performing their duties and obligations hereunder, the Authority and the Trustee may rely upon statements and certificates of the Borrower and Qualified Residents, and upon audits of the books and records of the Borrower pertaining to the Project.

  • The Authority shall sublease such units to Qualified Residents to the extent necessary to comply with the provisions hereof.

  • Copies of the most recent Income Certifications for Qualified Residents commencing or continuing occupancy of a Qualified Space shall be made available to the Authority or Oversight Agent upon request.

  • Housing Units occupied by Qualified Residents shall be of comparable quality to other units in the Development.

  • The representations and covenants set forth in the Application and this Agreement may be relied upon by OHFA, Qualified Residents and all other persons interested in Development compliance under the provisions of the Code.

  • All Qualified Residents occupying a Low-Income Unit in the Development shall be required to execute a new Income Certification and provide acceptable verification of current anticipated Income at the time of the expiration of the anniversary date of move-in, if applicable.

  • On or before the fifth (5th) day of each calendar month throughout the Term, or as soon thereafter as reasonably possible, Lessor shall provide a detailed written statement to Lessee showing all Scheduled Unit Rent payments received from Qualified Residents of Units and reasonably allocable to such calendar month, and stating any new delinquencies for that calendar month as well as any outstanding delinquencies for prior calendar months.

  • Lessee shall use reasonable efforts to advise its Qualified Residents to not use and to not permit the Units to be used for any other purpose without the prior written consent of Lessor.

  • Although Lessee may at any time request that additional Units not already appearing on the then-effective Schedule of Units and Rents be reserved for rental by Qualified Residents, Lessor shall not be obligated to provide any such additional Units.

  • Lessee shall not, without the prior written consent of Lessor, which will not be unreasonably withheld, conditioned, or delayed, assign or hypothecate this Lease or any interest herein or sublet all or substantially all of the Units, or permit the use of the Units by any party other than Lessee and Qualified Residents.


More Definitions of Qualified Residents

Qualified Residents. - means Very Low Income Residents. “Qualified Space” - a Very Low Income Space.
Sample 1
Qualified Residents means Very Low Income Residents and Low Income Residents. “Qualified Space” shall mean a Very Low Income Space or a Low Income Space.
Sample 1
Qualified Residents means persons defined under Sections 201H-32, Hawaii Revised Statutes (“HRS”), and Sections 201H-47 through -51, HRS, inclusive, and meeting the eligibility and income requirements set forth in the HAR and other State of Hawaii laws applicable to the purchase of the Affordable Units. Some or all of the Affordable Units may be substituted with rental units between 80% and 140% or below the AMI utilizing HHFDC's Rental Housing Revolving Fund, as approved by HHFDC ("Affordable Rental Units"). The Affordable Rental Units shall be excluded from this Declaration and subject to their own affordability restrictions. HHFDC agrees to execute any and all releases and other documents necessary to release the Market Units, Retail Space, and Affordable Rental Units from the terms of this Agreement.
Sample 1
Qualified Residents means Moderate Income Residents, Low Income Residents and Very Low Income Residents.
Sample 1
Qualified Residents means Moderate Income Residents, Low Income Residents or Very Low Income Residents, as applicable.
Sample 1

Related to Qualified Residents

  • OHIO RESIDENTS The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.

  • Qualified REIT Subsidiary means any Subsidiary of the General Partner that is a “qualified REIT subsidiary” within the meaning of Section 856(i) of the Code.

  • Non-Residents means: (i) non-residents of Canada; (ii) partnerships that are not Canadian partnerships; or (iii) a combination of non-residents and such partnerships (all within the meaning of the Tax Act).

  • Qualified Nurse means a person who holds a valid registration from the Nursing Council of India or the Nursing Council of any state in India.

  • Qualified relative for purposes of item 5, means a spouse, parent, stepparent, brother, sister, stepbrother, stepsister, half-brother, half-sister, uncle, aunt, niece, nephew, first cousin, or any person denoted by the prefix "grand" or "great," or the spouse of any of the persons specified in this definition, even after the marriage has been terminated by death or dissolution.

  • Qualified Reservist Distribution means a distribution (i) from an IRA or elective deferrals under a section 401(k) or 403(b) plan, or a similar arrangement, (ii) to an individual ordered or called to active duty after September 11, 2001 (because he or she is a member of a reserve component) for a period of more than 179 days or for an indefinite period, and (iii) made during the period beginning on the date of the order or call and ending at the close of the active duty period.

  • Qualified recipient means a person certified by a qualified organization as meeting all of the following qualifications:

  • Eligible Household means a household that is eligible to receive fuel assistance through the Maine State Housing Authority pursuant to section 4722, subsection 1, paragraph W; section 4741, subsection 15; and subchapter XIII and rules adopted pursuant to these laws. "Eligible household" does not include a tenant who resides in subsidized housing and receives a utility allowance or a tenant whose utilities are included in the rent. [PL 2001, c. 257, §1 (NEW).]

  • Qualified GIC A guaranteed investment contract or surety bond providing for the investment of funds in the Custodial Account and insuring a minimum, fixed or floating rate of return on investments of such funds, which contract or surety bond shall:

  • Significant Asset Sale means each Asset Sale which generates Net Sale Proceeds of at least $10,000,000.

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.

  • Wholly Owned Restricted Subsidiary is any Wholly Owned Subsidiary that is a Restricted Subsidiary.

  • Qualified Non-Elective Contribution means any Employer contributions made pursuant to Section 4.1(c) and Section 4.6(b) and Section 4.8(f). Such contributions shall be considered an Elective Contribution for the purposes of the Plan and may be used to satisfy the "Actual Deferral Percentage" tests or the "Actual Contribution Percentage" tests.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Borrower.

  • Consolidated Restricted Subsidiaries means any Restricted Subsidiaries that are Consolidated Subsidiaries.

  • Qualified Retirement means any termination of your employment with the Company Group that occurs on or after your 60th birthday, at a time when no member of the Company Group is entitled to discharge you for Cause, so long as you have served the Company Group continuously for at least the five-year period immediately preceding that termination.

  • Non-Participating Certified Registered Nurse Anesthetist means a Certified Registered Nurse Anesthetist 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.

  • Designated Non-423 Corporation means any Related Corporation or Affiliate selected by the Board to participate in the Non-423 Component.

  • Eligible joint venture means an association of one or more small business enterprises in combination with one or more veteran-owned business enterprises, proposing to perform as a single for-profit business enterprise, in which each joint venture partner contributes property, capital, efforts, skill and knowledge. Joint ventures must have an agreement in writing specifying the terms and conditions of the relationship between the partners and their respective roles in the contract.

  • Qualified Service Provider means a Person with specific educational training or at least two years of experience in delivering the Supportive Service(s).

  • Eligible resident means an individual or family who resided in a disaster-affected home at the time of the natural disasters of 2008 and who:

  • Significant Assets means one or more assets or businesses which, when purchased, optioned or otherwise acquired by the CPC, together with any other concurrent transactions, would result in the CPC meeting the initial listing requirements of the Exchange.

  • Certified registered nurse anesthetist means an advanced practice registered nurse who is certified

  • Partnership Percentage means a percentage established for each partner on the Partnership' books as of the first day of each Fiscal Period. The Partnership Percentage of a Partner for a Fiscal Period shall be determined by dividing the amount of the Partner's capital account as of the beginning of the Fiscal Period by the sum of the capital accounts of all of the Partners as of the beginning of the fiscal Period. The sum of the Partnership Percentage for each fiscal Period shall equal one hundred percent (100%).

  • Qualified nonprofit organization means, with respect to a Project, an organization exempt from federal income tax under Section 501(c) (3) or (4) of the Internal Revenue Code, which is not and during the Compliance Period will not be affiliated with or controlled by a for-profit organization, whose exempt purposes include the fostering of low income housing, which owns an interest in the Project, which will materially participate in the development and operation of the Project throughout the Compliance Period, and which is not affiliated with or controlled by a for-profit organization.

  • Participating Certified Registered Nurse Anesthetist means a Certified Registered Nurse Anesthetist who has 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.