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board_handbook:terminology

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

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