Sentences with phrase «median area income»

Qualification for the USDA loan is limited by income (up to 115 % of median area income) and town size.

The current median area income, however, is just $ 32,815.

Harborlight Community Partners Affordable Housing: HCP is the administrator of 51 first - time homebuyer condominiums located in four locations in Gloucester for qualified buyers that meet the household income restrictions of less than 80 % of median area income.

In Indianapolis, the nation's 15th largest city, homeowners need only earn the median area income in order to afford the median priced home.

In addition, you must earn less than the median area income for your county.

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

Under the program, which is managed by Oakland nonprofit GRID Alternatives, households that earn 50 - 80 % of the median area income are eligible for a highly subsidized or completely free solar system.

It's a policy that requires developers to build units reserved for residents earning less than the median area income if they want permission to build higher - density projects.

In addition, income eligibility is capped at one hundred fifteen percent of the median area income.

In order to be eligible, a minimum of 20 % of the project must be targeted to households earning 50 % or less of median area income, or 40 % of the project must be targeted to households earning 60 % or less of median area income.

The mixed - income project allows for 10 % unrestricted income units, 25 % tax - credit units, and then the remainder of units will vary between 80 % to 200 % of the median area income.

In addition, you must earn less than the median area income for your county.