board_handbook:terminology
Table of Contents
Terminology
This page lists definitions of the various acronyms and terminology that you'll need to be aware of as a Board Director.
Annual Income Verification (AIV)
Housing Income Limits (HILs)
See https://metrovancouver.org/services/housing/apply-for-housing#:~:text=Rent-geared-to-income
We sometimes say “HILs” when referring to the units in the building that are assigned to the HILs program.
Lower End of Market (LEM)
See https://metrovancouver.org/services/housing/apply-for-housing#:~:text=Low-end-of-market
The plural “LEMs” refers to the LEM units in the building.
board_handbook/terminology.txt · Last modified: by awhetter
