Laserfiche WebLink
EXHIBIT D-I <br /> <br /> FOIL'qULA FOR CALCULATING AFFORDABLE HOL'SING COSTS <br />-Xffordable Housing Costs: Health & Safety. Code §§ S0052.5 & 500S3 <br /> <br />Income Group <br /> <br />Unit Size <br /> <br /> Formula <br />(This column shows bow the maximum <br />housing cost column L' calculated.) <br /> <br />Very Low <br /> <br />Moderate <br /> <br />Studio (.30 X ..$0X AMI~ X .7) divided by 12) <br />I bedroom (.30 X :50X AMI, X 8) diV~dedby 12) <br />2 bedrooms (.30 X ,SOX AMI X .9) divided by 12) <br />3 bedrooms (.30 X .SOX AMI X 1.0) dividedby 12) <br />'* bedrooms (.30 X .SOX AMI X 1.08) divided by 12) <br /> <br />Studio (,35 X 1.10 X AMI X .7) divided by l2) <br />1 bedroom (.35 X l.t0 X AMI X .8) dividodby 12) <br />2bedrooms (.35 X 1.10 X AMI X .9) divided by l2) <br />3bedrooms (,35 X 1.10 X AMI X 1.0) divided by l2) <br />Cbedrooms (.35 X 1.I0 X AMI X 1.08) divided by l2) <br /> <br /> ' ,&.MI = A.rea Median Income for San Marco County published by the Department of <br />Housing and Community Development tn Section 6392 of Title 2~ of the California Code of <br />ReguIattons. pursuant to Health and Safety Code S~.tton$ 50079.5, 50105, and 50093.. <br />wc-33569 ~ <br /> <br /> <br />