AMGI

AcronymDefinition
AMGIAmerican Mold Guard, Inc. (Tustin, CA)
AMGIArea Median Gross Income (low housing tax credit units tenancy)
AMGIAdvanced Marketing Group Inc. (Austin, TX)
AMGIAgencia Mutua para la Garantía de las Inversiones
AMGIAlaska Mountain Guides International, Inc. (est. 1992; Haines, AK)
AMGIAdvanced Missions Group International (intelligence and security firm)
References in periodicals archive ?
3q) In the case of a low-income housing project for which the 15% of the low-income units are occupied by individuals whose income is 40% or less of AMGI and an irrevocable election is made, this threshold is increased to 170%, but the income limitation for a new resident occupying a unit of comparable or smaller size cannot exceed 40% of AMGI.
Part X: Real estate
In New York City there is an exemption which allows owners to set aside 25% of the units to tenants with no more than 60% of AMGI.
Bond financing could offer developers a cheaper alternative
These tests require reserving a minimum of either (1) 20% of the units for residents whose income does not exceed 50% of AMGI or (2) 40% of the units for residents whose income does not exceed 60% of AMGI.
The low-income housing credit--program expansion and investment opportunities: the low-income housing credit reduces developers' and investors' tax liabilities and raises the standard of living for low-income households. This article explains how the credit works and the investment opportunity it offers
91% of its units to occupancy by individuals or families with incomes 60% or less of AMGI.
Valuation of Texas LIHTC apartments restricted by land use restriction agreements
3 Under the 20/50 set-aside, at least 20 percent of the units in the project must be designated for households with a maximum income and rent restriction at 50 percent of AMGI.
So you want to become a tax credit professional? 33 things you need to know
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