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Agmt00 Habitat for Humanity - Rolison and Haven
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Agmt00 Habitat for Humanity - Rolison and Haven
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Last modified
12/3/2008 10:04:30 AM
Creation date
12/3/2008 10:04:27 AM
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Agreement
Contractor Name
Peninsula Habitat for Humanity
PROJECT NAME
3426 Roliston & 1181 Haven
RMP File Number
405
Date
5/12/2000
Reso Ref
RD-0040 13887
Box
6600
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<br />ancestry, sex, age, physical or mental disability, marital status, sexual <br />preference, or political affiliation in matters pertaining to occupancy, hiring, <br />training, upgrading, transfers, compensation or termination. <br /> <br />7. Income Affordability and Occupancy Restriction <br /> <br />In accordance with the provisions of the Community Development Block Grant <br />(CDBG) and HOME Investment Partnership (HOME) Program, the ownership <br />units built on this property shall be subject to HOME Program requirements and <br />shall be at all times, be occupied by qualified low income households. A <br />Qualified low-income household shall: <br /> <br />(1) have a household income at or below 50% of the area median income <br />established by HUD for San Mateo County, <br /> <br />(2) be a resident within the incorporated limits of the City of Redwood City at the <br />time of application. <br /> <br />(3) Qualify for a mortgage based on housing costs at no more than 30% of <br />household income for PITI (principal, interest, taxes and insurance), utilities and <br />HOA fees. <br /> <br />8. Income Limits by Family Size <br /> <br />For Applicants who have submitted their application to Habitat in 2000, the <br />following income limits shall be used: <br /> <br />SAN MATEO COUNTY INCOME LIMITS <br />As of March 9, 2000 <br />Median Income = $74,900 <br /># of 30% 50% <br />Persons Extremely Very Low <br />Low <br /> <br />80% <br />Low <br /> <br /> <br />- 6 - <br /> <br />Requirements - h2 <br />FXS;fs <br />04-14-00 <br />
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