Total Tenant Payment definition

Total Tenant Payment means the payment as defined in 24 CFR Part 5.
Total Tenant Payment. (TTP) means the total amount the HUD rent formula requires the tenant to pay toward rent and utilities.
Total Tenant Payment means the total amount the HUD rent formula requires the tenant to pay toward rent and utilities. [Eff: 5/13/2002; am and ren §17-2036-2 ] (Auth: HRS [§201G-15] §§356D-4, 356D-13) (Imp: HRS [§201G-15;] §356D-13; 24

Examples of Total Tenant Payment in a sentence

  • Regular alimony and child support payments are counted as income for calculation of Total Tenant Payment.

  • Regular contributions and gifts received from persons outside the household are counted as income for calculation of the Total Tenant Payment.

  • For purposes of calculating the Total Tenant Payment, HUD defines what is to be calculated and what is to be excluded in the federal regulations.

  • This Chapter defines the allowable expenses and deductions to be subtracted from Annual Income and how the presence or absence of household members may affect the Total Tenant Payment (TTP).

  • Any change in the family’s income or other circumstances that re- sults in an adjustment in the Total Tenant Payment, Tenant Rent and Housing Assistance Payment must be verified.

  • Income generated from some assets is used in the calculation of annual income for the purpose of determining the Total Tenant Payment.

  • Upon verification of the in- formation, the owner must make ap- propriate adjustments in the Total Tenant Payment in accordance with part 5 of this title and determine whether the family’s unit size is still appropriate.

  • The owner must adjust Tenant Rent and the Housing Assist- ance Payment to reflect any change in Total Tenant Payment and carry out any unit transfer required by HUD.

  • This chapter defines the allowable deductions from annual income and how the presence or absence of household members may affect the Total Tenant Payment (TTP).

  • A family’s eligibility for Housing Assistance Payments con- tinues until the Total Tenant Payment equals the contract rent plus any util- ity allowance.


More Definitions of Total Tenant Payment

Total Tenant Payment means the total amount the HUD rent formula requires the tenant to pay toward rent and utilities. [Eff: ] (Auth: HRS
Total Tenant Payment means the highest of the following amounts, rounded to the nearest dollar: (a) 30 percent of the family’s monthly adjusted income; (b) 10 percent of the family’s monthly income; (3) if the family is receiving payment for welfare assistance from a public agency and a part of those payments, adjusted in accordance with the family’s actual housing costs, is specifically designated by such agency to meet the family’s housing costs, the portion of those payments so designed, and (d) the minimum rent for section 8 programs established at 24 Code of Federal Regulations 5.630(a).
Total Tenant Payment or “TTP” means the highest of:

Related to Total Tenant Payment

  • Tenant Affiliate means and refer to any partnership, limited liability company, or corporation or other entity, which, directly or indirectly, through one or more intermediaries, Controls, is Controlled by, or is under common Control with, Tenant.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • bicycle parking space – occupant means an area that is equipped with a bicycle rack, locker or bicycle stacker for the purpose of parking and securing bicycles, and:

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.

  • Residential Rental Unit means an area legally licensed or permitted for use as a living space containing a sleeping area, bathing and sanitation facilities and cooking facilities equipped with a cooking range, refrigerator and sink, all of which are separate and distinct from other Residential Rental Units. Reg. §§ 1.103-8(a) 8(i).

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Percentage Rent As defined in Subsection 3.1(b).

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Customer Premises means premises owned, controlled or occupied by the Customer which are made available for use by the Supplier or its Sub-Contractors for the provision of the Goods and/or Services (or any of them);

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Occupant means any person or persons over the age of eighteen years in possession of the property.

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • bicycle parking space means an area used for parking or storing a bicycle;

  • Lessee's Share is defined, for purposes of this Lease, as the percentage set forth in paragraph 1.10 of the Basic Lease Provisions, which percentage has been determined by dividing the approximate square footage of the Premises by the total approximate square footage of the rentable space contained in the Office Building Project. It is understood and agreed that the square footage figures set forth in the Basic Lease Provisions are approximations which Lessor and Lessee agree are reasonable and shall not be subject to revision except in connection with an actual change in the size of the Premises or a change in the space available for lease in the Office Building Project.

  • Square Footage means the total gross horizontal areas of all floors, including usable basement and cellars, below the roof and within the outer surface of the main walls of buildings (or the center lines of party walls separating such buildings or portions thereof) or within lines drawn parallel to and two feet within the roof line of any building or portion thereof without walls (which includes, notwithstanding paragraph 3 below, the square footage of all porches), and including pedestrian access walkways or corridors, but excluding the following:

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Parking Space The County shall attempt to provide adequate free parking facilities for employees within a reasonable distance of their work locations.

  • Past Due Rent Payment is defined in Section 2.2(g).