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RecD03 2003-350638
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RecD03 2003-350638
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Last modified
7/5/2005 2:30:06 PM
Creation date
11/30/2004 10:14:45 AM
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Recorded Docs
Recorded Docs - Type
Declaration
Doc Num
2003-350638
Rec Date
12/22/2003
APN
059-092-290
Parties
KDF Hallmark
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<br /> Figure A <br /> ------......--- --_._---._-_._...---,._--...~_. --I <br /> 2003 SAN MATEO COUNTY INCOME LIMITS <br /> - ----..-~.-~.,._-_.._---_.~~_.- ------1 <br /> as defined b HUD and the State of California <br /> ------ ------,---- 6 8 <br /> 4 I 5 <br /> Extrf!mely Low~ $36,650 $44,800 <br /> Very_L()'N_*_ $74,650 <br /> HOME limit* $89,580 <br /> Low * $119,450 <br /> Median** $120,800 <br /> Moderate** __~~ª,80o __ _..1t09,800 $136,150 $144,950 <br /> ! --------HOME PROGRAM RENTS------- <br /> Income CateQorv -~--Studion-r-d1-BR -~~r- 2-BR - 3-BR 4-BR <br /> Low HOME $9901 $1061 I 1273 1470 1640 <br /> Rent.~il'Tlit___ -~- <br /> __._~..._.__._ ___._""____~_ _ __~_~__~.__._.l~___. _~_._.__~_ --- <br /> i ! <br /> 1. Maximum affordable rent based on 30% of monthly income and all utilities paid by <br /> landlord. (utility allowance for tenant paid utilities established by Section B Program) <br /> unless further adjusted by HUD <br /> 2. The following is the assumed family size for each unit: <br /> Studio : 1 l-BR : 1.5 2-BR : 3 3-BR : 4.5 4-BR : 6 <br /> * Income figures provided by HUD for all San Mateo County federal entitlement programs (CDBG. <br /> HOME. ESG) <br /> ** Income figures provided by State of California HCD - You should verify the income figures in <br /> use for each specific program. <br /> (d) Marketing of HOME Units. The <br /> Participating Owner shall comply with the City's <br /> affirmative marketing plan for the HOME Units. <br /> Except for existing tenants, the Participating <br /> Owner the Participating Owner shall, to the <br /> extent permitted by applicable law, select <br /> eligible tenants for the Home Units from a pool <br /> of applicants residing in the incorporated limits <br /> of the City of Redwood City no later than the <br /> date on which construction will begin or in the <br /> case of vacant units, immediately upon completion <br /> of rehabilitation work or the earliest date unit <br /> 4 <br />
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