Qualifying household definition
Qualifying household means a very-low, low-, or moderate-
Qualifying household means a very-low, low-, or moderate-income household, the head of which certifies in writing that the household intends to occupy the property as a principal residence for at least 12 months.
Qualifying household means a household with income that does not exceed 400 percent of federal poverty guidelines.
Examples of Qualifying household in a sentence
If upon recertification, a tenant’s income exceeds the Qualifying Household limit for the applicable unit type, Owner may increase the rent for such tenants to no more than 30% of the tenant’s monthly Gross Income less utility and other mandatory charges.
More Definitions of Qualifying household
Qualifying household means a household whose income does not exceed 80% of the area median income adjusted for family size.
Qualifying household means an individual ora household with income that does not exceed 400 percent of federal poverty guidelines.
Qualifying household means a household in which the combined income of all wage earners, who are over the age of eighteen (18) and who are not full-time students, is eighty percent (80%) or less of Qqualified Iincome and in which no household member has an ownership interest in an existing residential property.
Qualifying household means a household meeting all of the following:
Qualifying household means a household having a Family Income not exceeding the maximum initial income level as established in Exhibit N for an Assisted Unit and who is otherwise eligible to rent an Assisted Unit.
Qualifying household means a household that qualifies as a Very- Low Income Household.
Qualifying household means a Household which meets the definitions of either Low Income Household, Middle Income Household, or Very Low Income Household, as applicable.