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<br />7. ß- IS <br /> <br /> Maximum Price <br />2 Bedroom/l Bath Wheelchair The lesser of: (A) $195,634; or (B) price affordable to <br />Accessible Unit at 50% AMI households earning no more than 50% of AMI <br /> calculated in accordance with Section 50052.5 of the <br /> California Health and Safety Code? <br />3 Bedroom/I-I/:¡ Bath Units at The lesser of: (A) $215,197; or (B) price affordable to <br />50% AMI households earning no more than 50% of AMI <br /> calculated in accordance with Section 50052.5 of the <br /> California Health and Safety Code.2 <br /> <br />2 Additional requirements for the calculation of affordable prices shall include: 5% down payment, 6% mortgage <br />interest rate, 3D-year term, and HOA fees of $300 per month. Total housing costs are not to exceed 35% of the <br />homebuyer's gross income. <br /> <br />1861 0.001\028-005.doc. 2/11/2005 <br /> <br />Keyser Marston Associates, Inc. <br />Page 7 <br />