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AgdaPkt 2018-04-23 Joint SA PFA
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AgdaPkt 2018-04-23 Joint SA PFA
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Last modified
4/24/2018 11:37:04 AM
Creation date
4/19/2018 2:03:30 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
4/23/2018
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<br />INCOME AND RENTS <br />RENTAL AVERAGE MARKET RENT <br />(Source: Rent Café 2018) <br />MINIMUM ANNUAL <br />INCOME REQUIRED <br />1 Bedroom $2,821 $112,840 <br />2 Bedroom $3,708 $148,320 <br />OWNERSHIP <br /> <br />AVERAGE SALES PRICE <br />(San Mateo County Assoc. <br />of Realtors, March 2018) <br />MINIMUM ANNUAL <br />INCOME REQUIRED <br /> <br />Condominium <br /> <br />$1,073,545 $186,200 <br />($214,700 down) <br />Single Family <br />Home <br /> <br />$1,871,690 <br /> <br />$322,200 <br />($374,300 down)
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