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. "Qualified Space" means a Very 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 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.

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

  • Notwithstanding anything herein to the contrary, if at any time the number of Qualified Residents falls below the number required by subparagraph (a) (i) of this Section, the next available vacant Space shall be rented to a Qualified Resident of the applicable category.

  • Each Lease pertaining to a Qualified Unit will contain a provision prohibiting the Qualified Residents from allowing the Unit to be occupied, other than on a temporary basis not exceeding 30 days, by any additional persons unless, prior to such occupancy, the Qualified Residents and all other persons who will occupy such Unit provide current income certifications in the form attached hereto as Exhibit B and unless the Owner consents in writing to such occupancy.

  • Other than the Housing Authority and Summit County, the use and occupancy of the Units shall be limited exclusively to housing for natural persons who meet the definition of Qualified Buyers or Qualified Residents.

  • If the aggregate adjusted income of Qualified Residents in a Qualified Unit, as of the most recent determination thereof, exceeds one hundred forty percent (140%) of the applicable income limit for a Qualified Unit occupied by the same number of Residents, the Dwelling Unit occupied by such Residents will continue to be treated as an applicable Qualified Unit unless and until an available Unit of comparable or smaller size is rented to persons other than those who are then applicable Qualified Residents.

  • In lieu of obtaining, completing, and maintaining an annual income certification pursuant to the foregoing subparagraph, Owner may, with respect to any particular twelve- month period ending, deliver to OHCS no later than fifteen (15) days after such date a certification that as of such date, no Dwelling Unit in the Project was occupied within the preceding twelve months by a new resident whose income exceeded the limit applicable to Qualified Residents upon admission to the Project.

  • This means that "Qualified Residents" would not be personally billed for insurance co-payments, deductibles, rejected claims, for unpaid balances and if they are uninsured.


More Definitions of Qualified Residents

Qualified Residents means Moderate Income Residents, Low Income Residents and Very Low Income Residents.
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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.
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Qualified Residents means Moderate Income Residents, Low Income Residents or Very Low Income Residents, as applicable.
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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.
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Qualified Residents. - means Very Low Income Residents. “Qualified Space” - a Very Low Income Space.
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 charged a UEC on their natural gas and/or electricity for the residence at which they reside as evidenced by their utility bill or UEC-participating utility vendor, has annual income at or below the current income limits of the federal poverty level, and meets other income criteria for assistance from the Nevada Fund for Energy Assistance and Conservation. Conversely, households not charged a UEC are ineligible for assistance from the fund. A household that receives benefits funded with LIHEAP grant monies may also be referred to as an eligible household in this plan. Also, refer to “UEC Eligible.”

  • 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 the sale, transfer, lease or other disposition by Holdings or any Subsidiary to any person other than the Borrower or a Subsidiary Guarantor of all or substantially all of the assets of, or a majority of the Equity Interests in, a person, or a division or line of business or other business unit of a person.

  • 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 Company.

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

  • Qualified Retirement means a retirement from Service by the Executive in which, at the time of such retirement, the sum of the Executive’s age and aggregate 12-month completed periods of Service (whether or not such completed 12-month periods are consecutive), in each case without giving credit for any partial years, equals or exceeds 75.

  • 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.

  • Highly Qualified status of the No Child Left Behind Act (NCLB) as applicable to the position/subject matter.

  • 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 the percentage share of each Partner in the Net Income or Net Loss of the Partnership. The Partners’ initial Partnership Percentages shall be proportionate to the Partners’ initial Capital Contributions to the Partnership. Thereafter, subject to Section 1.68(g), such Partnership Percentages shall be adjusted only to reflect a disproportionate Capital Contribution by one or more Partners or a disproportionate distribution to one or more Partners, with disproportion being determined in accordance with Sections 4.2(a) and 4.5(b), except as set forth in Section 1.68(f).

  • 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.