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AgdaPkt 2015-05-18 Closed and Joint SA and PFA
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AgdaPkt 2015-05-18 Closed and Joint SA and PFA
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Last modified
7/17/2015 3:06:59 PM
Creation date
5/14/2015 4:16:47 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
5/8/2015
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OTHER NOTES(generic) <br /> 1 Maximum affordable rent based on 30%of monthly income and all utlilites paid by landlord unless further adjusted by HUD. Utliity allowances <br /> for tenant-paid utliites may be established by Housing Authority of County of San Mateo Section 8 Program. <br /> High HOME Limit rent set at lower of: (a)30%of 65%AMI,or(b)FMR(HUD Fair Market Rent). <br /> For 2014,the FMR for Studio is the lower rent. <br /> 2 Rent Calcuations-The following is the assumed family size for each unit: Studio:1 person 1-BR:1.5 persons 2-BR:3 3-BR:4.5 4-BR:6 <br /> 3 Table below provides rent guidance on appropriate income schedule to use: <br /> Placed in Service Date Maximum Inc. Limits Schedule <br /> On or before 12/31/2008 2013 HERA Special <br /> 1/1/2009 to 5/13/2010 _ 2009 <br /> 5/14/2010-5/31/2011 2012 <br /> 6/1/2011 - 11/30/2011 2012 <br /> 12/01/2011 - 11/30/2012 2012 <br /> 12/01/2012- 12/17/2013 2013 <br /> 12/18/2013-present 2014 <br /> Rent schedules at www.huduser.org/portal/datasets/mtsp.html for additional information as well as the various income schedules. Please also refer to <br /> www.treasurer.ca.gov/ctac/2014/supplemental.asp <br /> Cfl <br /> n <br /> cn <br /> CD <br /> N <br /> c9 <br />
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