Examples of Targeted Units in a sentence
For example, 50% of Targeted Units at 50% of Area Median Income for 25 points may be combinedwith another 50% of Targeted Units at 45% of Area Median Income to achieve the maximum points.
For instance, 50% of Income Targeted Units to Total Tax Credit Units at 50% of Area Median Income (AMI) cannot be used twice for 100% at 50% and receive 50 points, nor can 50% of Income Targeted Units to Total Tax Credit Units at 50% of Area Median Income for 25 points and 40% of Income Targeted Units to Total Units at 50% of Area Median Income be used for an additional 20 points.
The Property Owner or Property Management Company will not give preference to any particular class or group, except as stipulated in the Agency-approved property Tenant Selection Plan (TSP) and to the extent that set-aside Targeted Units must be leased to Program Qualified Tenants, as defined herein.
Number of Targeted Units Total Units 5 Point Bonus Check here if some or all of the supportive services will be designed to address the needs of Veterans.
For example, 50% of Targeted Units at 50% of Area Median Income for 25 points may be combined with another 50% of Targeted Units at 45% of Area Median Income to achieve the maximum points.
Targeted Units will not be segregated within the property or in any way be distinguishable from non-Targeted Units, and the size and mix of Targeted Units will depend on the needs of the Program Qualified Tenants, and unit availability.
These terms and conditions apply to all Required Targeted Units and Voluntary Targeted Units as defined below.
Property Owners receiving Key Rental Assistance for some or all of their Targeted Units are also subject to the terms and conditions of the Key Rental Assistance OAP.
For instance, 50% of Income Targeted Units to Total Tax Credit Units at 50% of Area Median Income (AMI) cannot be used twice for 100% at 50% and receive 50 points, nor can 50% of Income Targeted Units to Total Tax Credit Units at 50% of Area Median Income for 25 points and 40% of Income Targeted Unitsto Total Units at 50% of Area Median Income be used for an additional 20 points.
All tax credit applicants must set-aside a minimum of ten percent of the total units for persons with disabilities and all of these units (referred to as Targeted Units) are provided with state-funded project-based rental assistance known as Key Rental Assistance.