§356D-153  Qualified tenant defined;preference.  (a)  As used in this part, "qualified tenant" meansany single person or family, pursuant to criteria and procedures established bythe authority, who has been determined to have an income not exceeding theincome limit as determined by the authority pursuant to rules adopted by theauthority; provided that the income limit shall not exceed ninety‑fiveper cent of the annual median income as determined by the United StatesDepartment of Housing and Urban Development; provided further that thequalified tenant's primary place of residence shall be in the State or thequalified tenant intends to make the State the qualified tenant's primary placeof residence.  The terms "qualified tenant" and "tenant"shall include a person or family who satisfies the foregoing requirements andis a member of a cooperative who, upon resale of the member's membership to thecooperative, will not be reimbursed for more than fifty per cent of any equityincrement accumulated through payments under this part.

With respect to members of a cooperative, asused in this part, the terms "rental" and "rental charges"mean the charges under the occupancy agreements between the members and thecooperative.

(b)  The authority shall give preference toqualified tenants with incomes at or below eighty per cent of the annual medianincome as determined by the United States Department of Housing and UrbanDevelopment. [L 2006, c 180, pt of §2; am L 2007, c 223, §2]