Section 204-C:81 Definitions.
In this subdivision:
I. ""Fund'' means the homeless prevention fund.
II. ""Housing assistance payments'' means rent subsidies, security deposit advances, mortgage assistance payments, and any other shelter cost-related payments made on behalf of very low income households.
III. ""Minor child'' means a person under 18 years of age .
IV. ""Severely rent burdened'' means a household for which the monthly rent and utility costs exceed 50 percent of the gross monthly income.
V. ""Very low income households'' means individuals or families whose gross income is 50 percent or less of the median income, adjusted for household size, as published periodically by the United States Department of Housing and Urban Development.
Source. 1992, 12:1, eff. May 19, 1992. 2000, 251:2, eff. Jan. 1, 2001.