Qualifying Unit definition
Qualifying Unit means a residential accommodation that constitutes a part of the Property and contains separate and complete living facilities that are occupied by, or designated to be occupied by, a Low- to Moderate-Income Household or an Extremely Low-Income Household in accordance with the Contract.
Qualifying Unit means a Unit occupied by or designated to be occupied by a Low- to Moderate-Income Household or an Extremely Low-Income Household in accordance with this Agreement.
Qualifying Unit means a Unit designated as [floating][fixed] pursuant to 24 CFR §92.252(j) that (i) is rented to either a Low Income Family, a Very Low Income Family, or an Extremely Low Income Family, and (ii) is used in complying with the occupancy requirements of Section VI of this Contract. A Qualifying Unit may also be designated as a HOME Match-Eligible Unit for purposes of match contribution requirement under 24 CFR §92.219.
Examples of Qualifying Unit in a sentence
During the Term, Developer will maintain the Property as affordable rental housing and will rent or hold available each Qualifying Unit for rental on a continuous basis to meet the occupancy requirements of this Agreement.
The determination of whether the Annual Income of a family or individual occupying or seeking to occupy a Qualifying Unit complies with the requirements for Extremely Low-Income Households or Low- to Moderate-Income Households shall be made by the applicable housing authority in the CDBG-DR Program area prior to admission of such family or individual to occupancy of a Qualifying Unit.
More Definitions of Qualifying Unit
Qualifying Unit. Intentionally deleted.
Qualifying Unit means an emission unit that during normal operating conditions produces a consistent pattern of emissions.
Qualifying Unit means a Unit designated as [floating][fixed] pursuant to 10 TAC §13.10(b) that (i) is rented to an Extremely Low Income Family; and (ii) is used in complying with the occupancy requirements of Section VI of this Contract.]
Qualifying Unit means a Unit designated as [floating][fixed] pursuant to 10 TAC §13.10(b) that (i) is rented to an Extremely Low Income Family, (ii) any Qualifying Units may not also receive tenant-based voucher or rental assistance to the extent that there are other available Units within the Development that the voucher-holder may occupy, (iii) may not be restricted to 30% AMI by another Department program or any other fund source (iv) is used in complying with the occupancy requirements of Section VI of this Contract.][OR for Supportive Housing a "Qualifying Unit" means a Unit designated as [floating][fixed] pursuant to 10 TAC §13.10(b) that (i) is rented to an Extremely Low Income Family; and (ii) is used in complying with the occupancy requirements of Section VI of this Contract.]
Qualifying Unit means a Unit designated as [floating][fixed] pursuant to 10 TAC §13.10(b) that (i) is rented to a Low Income Family, a Very Low Income Family, or an Extremely Low Income Family, and (ii) is used in complying with the occupancy requirements of Section VI of this Contract. A Qualifying Unit may, however, be designated by the Department as a HOME Match-Eligible Unit for purposes of the Department’s Match contribution requirement for the HOME Program under 24 CFR §92.219.][OR for Soft Repayment/deferred forgivable "Qualifying Unit" means a Unit designated as [floating][fixed] pursuant to 10 TAC §13.10(b) that (i) is rented to an Extremely Low Income Family, (ii) any Qualifying Units may not also receive tenant-based voucher or rental assistance to the extent that there are other available Units within the Development that the voucher-holder may occupy, (iii) may not be restricted to 30% AMI by another Department program or any other fund source (iv) is used in complying with the occupancy requirements of Section VI of this Contract.][OR for Supportive Housing a "Qualifying Unit" means a Unit designated as [floating][fixed] pursuant to 10 TAC §13.10(b) that (i) is rented to an Extremely Low Income Family; and (ii) is used in complying with the occupancy requirements of Section VI of this Contract.]
Qualifying Unit means a Unit designated as [floating][fixed] pursuant to 24 CFR §93.302(g) that (i) is rented to an Extremely Low Income Family; and (ii) is used in complying with the occupancy requirements of Section VI of this Contract.
Qualifying Unit means a Unit designated as [floating][fixed] pursuant to 10 TAC