Sentences with phrase «median income cap»

This development is a step towards that, even at a 60 % of median income cap.

As of July 1, 2013, the median income cap for a single wage earner in Georgia is $ 41,214.

You do not want to wait until you graduate and get a higher paying job, that could put you over the median income cap and then force you into a chapter 13 repayment plan instead of just being able to wipe it out for a fresh start in a chapter 7.

Not exact matches

Their revised plan features a shorter building, and also reduces the income cap on affordable units from 80 percent of the Area Median Income (AMI)-- or $ 62,150 per year for a family of three — to 40 percent of AMI, or $ 31,080 for a family of income cap on affordable units from 80 percent of the Area Median Income (AMI)-- or $ 62,150 per year for a family of three — to 40 percent of AMI, or $ 31,080 for a family of Income (AMI)-- or $ 62,150 per year for a family of three — to 40 percent of AMI, or $ 31,080 for a family of three.

with a 3 - part solution: social security, 401Ks and defined with a total cap in the median income range (approx what the average teacher gets).

Moderate Income Customers (Between 80 % and 120 % of State Median Income)- will be eligible for Income Based Loan Support corresponding to 10 % of the loan amount, capped at $ 3,500, and will be able to qualify for Loan Loss Reserve if eligible.

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

Household income for the rest of the apartments is capped at 60 percent of area median income, or about $ 45,000 a year, Angelini said.