Sentences with phrase «as area median income»

While the candidate said he would fight for more and better affordable housing, he said the first step would be to change the formula, known as Area Median Income, which calculates the price of affordable housing based on the median income of the entire city.

Not exact matches

He'd also like to see an end to vacancy decontrol and a revamp of the 421 - a program that takes the neighborhood Area Median Income into consideration, as opposed to the current system that includes New York City and the wealthier areas of Westchester, Putnam and Rockland Counties.

«As a pioneering mixed - income project targeting tenants earning between 40 % and 100 % of the area median income, this project was a little ahead of its time when it was conceived.

However, community members have strongly opposed the project, saying that it should be 100 % affordable, rather than 50 %, with affordability based on the Crown Heights median income, rather than the broader New York Metropolitan Area Median Income (which considers the suburbs, as median income, rather than the broader New York Metropolitan Area Median Income (which considers the suburbs, as income, rather than the broader New York Metropolitan Area Median Income (which considers the suburbs, as Median Income (which considers the suburbs, as Income (which considers the suburbs, as well).

It's one of the poorest areas in Los Angeles County, as far as median income and income per household.

If you happen to be driving through an area that smells — such as some place with a median income less than $ 750,000 per annum, you can deploy up to two of eight fragrances in up to three levels: «Mildly Concerned,» «A Little Freaked Out» or «Trenton.»

• Be a citizen of US, US non-citizen or other Qualified Alien • Property must in designated rural area • Have income less than 115 % of the median income in the county • Must occupy the dwelling as primary residence • Must have the legal / financial capacity to incur loan obligations • Shouldn't be suspended or disqualified from participation in federal programs • Establish will to timely meet credit obligations

At the time of enrollment in the WISH or IDEA Program, homebuyer meets income eligibility guidelines as published by the Bank, and is at or below 80 % of the HUD area median income.

For example, as of 2015, the maximum income for a family of two in Orange County is 80 percent of the Area Median Income, which is $ 3income for a family of two in Orange County is 80 percent of the Area Median Income, which is $ 3Income, which is $ 37,350.

Very low income is defined as below 50 percent of the area median income (AMI); low income is between 50 and 80 percent of AMI; moderate income is 80 to 100 percent of AMI.

The purpose of this loan program is to enable eligible low and moderate income (up to 115 percent of the Area Median Family Income) rural residents to acquire modestly priced housing for their own use as a primary resiincome (up to 115 percent of the Area Median Family Income) rural residents to acquire modestly priced housing for their own use as a primary resiIncome) rural residents to acquire modestly priced housing for their own use as a primary residence.

In order to qualify, you will probably have to meet limited income requirements — such as a maximum of 80 % of the median area income.

Both the violent crime rate and median incomes are much better than neighboring Tulsa, solidifying its reputation as one of the area's most desirable suburban communities.

Utilizing the same shape and size (in land area) as the intervention area, four control areas were identified that displayed similar levels of shelter intake for dogs and cats as well as comparable numbers of humans, total households, and median incomes.

Often in areas of low to median income, family animals show up as strays at the family's doorstep.

To qualify your income must be less than the median income for your area as established by the IRS.

Furthermore, tenants who earn 50 percent or less of the median area income, as well as tenants of publicly subsidized housing, can not be required to buy renters insurance.

Area - level explanatory variables will include: accessibility and remoteness, as measured by the Accessibility / Remoteness Index of Australia Plus (ARIA +); 54 socioeconomic disadvantage, as measured by the Australian Bureau of Statistics (ABS) Socioeconomic Indexes for Areas (SEIFA); 55 presence of Aboriginal Medical Services; presence of an AMIHS; proportion of Aboriginal pregnancies / births in an area managed by an AMIHS; numbers of Aboriginal and non-Aboriginal children attending preschool; numbers of full - time equivalent health workers (including general medical practitioners, nurses, midwives and Aboriginal health workers) per 10 000 population; measures of social capital from the NSW Population Health Survey; 56 features of local communities (derived from ABS Census data), such as information on median personal and household income, mortgage repayment and rent; average number of persons per bedroom and household size; employment; non-school qualifications and housing type for Aboriginal residents in each areArea - level explanatory variables will include: accessibility and remoteness, as measured by the Accessibility / Remoteness Index of Australia Plus (ARIA +); 54 socioeconomic disadvantage, as measured by the Australian Bureau of Statistics (ABS) Socioeconomic Indexes for Areas (SEIFA); 55 presence of Aboriginal Medical Services; presence of an AMIHS; proportion of Aboriginal pregnancies / births in an area managed by an AMIHS; numbers of Aboriginal and non-Aboriginal children attending preschool; numbers of full - time equivalent health workers (including general medical practitioners, nurses, midwives and Aboriginal health workers) per 10 000 population; measures of social capital from the NSW Population Health Survey; 56 features of local communities (derived from ABS Census data), such as information on median personal and household income, mortgage repayment and rent; average number of persons per bedroom and household size; employment; non-school qualifications and housing type for Aboriginal residents in each arearea managed by an AMIHS; numbers of Aboriginal and non-Aboriginal children attending preschool; numbers of full - time equivalent health workers (including general medical practitioners, nurses, midwives and Aboriginal health workers) per 10 000 population; measures of social capital from the NSW Population Health Survey; 56 features of local communities (derived from ABS Census data), such as information on median personal and household income, mortgage repayment and rent; average number of persons per bedroom and household size; employment; non-school qualifications and housing type for Aboriginal residents in each areaarea.57

Although many state housing agencies give preferences to lower - income households, such as those earning 60 percent to 80 percent of the area median income, a good portion of money is available for households that fit squarely into the moderate - income range (100 percent to 120 percent of the median).

Those with incomes of 80 percent or less of the median household income in their local area — as defined by the U.S. Census Bureau — are eligible for the loans.

As noted above, your clients can't make more than 100 percent of their area's median income to qualify for this mortgage.

Since 2009, the U.S. has addressed the housing needs of two subsets of the population: those earning more than 100 percent of Area Median Income (AMI) who can afford new class - A luxury rentals, as well as those earning below 60 percent of AMI who are supported by government - subsidized programs such as Low - Income Housing Tax Credits (LIHTC) and Section 8 housing.

But now properties can set their rents to be affordable to a broader range of residents, as long as the overall income averages out to 60 percent of the area median income.

The entire property serves as affordable housing to families earning at or below 60 percent of the area median income.

Even as housing prices continued to inch up in metro areas across the country, lower interest rates helped make homes more affordable to median - income families in the third quarter of 2012.

The purpose of this loan program is to enable eligible low - and moderate - income (up to 115 percent of the Area Median Family Income) rural residents to acquire modestly priced housing for their own use as a primary resiincome (up to 115 percent of the Area Median Family Income) rural residents to acquire modestly priced housing for their own use as a primary resiIncome) rural residents to acquire modestly priced housing for their own use as a primary residence.

However, the location has to meet a number of other criteria such as employment, median income, area comps, access to mass transit, quality of schools, employer diversity, average tenancy and more.

Mike Sante, managing editor for the website focusing on consumer finances, said the Baltimore metropolitan area — defined for this report as including the city, five surrounding counties and Queen Anne's County — rose in the ranking because median home prices fell by nearly 3 percent while median income rose about 2 percent.

It defined gentrifying areas as those having experienced the highest growth in median home value, median household income and the share of residents with a bachelor's degree or higher since 2000.

HUD Median Income Median family income for a particular county or metropolitan statistical area (MSA), as estimated by the Department of Housing and Urban Development Income Median family income for a particular county or metropolitan statistical area (MSA), as estimated by the Department of Housing and Urban Development income for a particular county or metropolitan statistical area (MSA), as estimated by the Department of Housing and Urban Development (HUD).

The study defined «very low income» as households making less than 50 percent of the area median income, and «affordable» rent as costing less than 30 percent of household income.

Working households are defined in the report as households whose members work a total of at least 20 hours per week on average, and where household income does not exceed 120 percent of the area median.

Indianapolis - Carmel, Ind., and Syracuse, N.Y. were tied as the nation's most affordable major housing markets as 93.3 percent of all new and existing homes sold in this year's third quarter were affordable to families earning the areas» median incomes of $ 65,100 and $ 65,800, respectively.

The plan is designed to serve families or individuals whose incomes are 50 percent or less of an area's median income and to complement existing housing programs such as low - income housing tax credits.

The U.S. is facing a shortage of 7.4 million rental homes that are affordable for extremely low - income households, defined as those earning below 30 percent of area median income.

Syracuse, N.Y., was the nation's most affordable major housing market, as 93.7 percent of all new and existing homes sold in this year's first quarter were affordable to families earning the area's median income of $ 67,700.

«As long as median income continues to support purchasing power in most areas, the demand and opportunity will be there for Millennials to purchase their first home with guidance and insights from a REALTOR ®.&raquAs long as median income continues to support purchasing power in most areas, the demand and opportunity will be there for Millennials to purchase their first home with guidance and insights from a REALTOR ®.&raquas median income continues to support purchasing power in most areas, the demand and opportunity will be there for Millennials to purchase their first home with guidance and insights from a REALTOR ®.»

On average, the rents on one - and two - star properties constituted just 16.5 percent of average median incomes in metro areas nationwide as of August 2016, according to CoStar.