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Agmt00 Purchase Agreement Habitat for Humanity - Rolison Haven
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Agmt00 Purchase Agreement Habitat for Humanity - Rolison Haven
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Last modified
9/20/2017 10:38:48 AM
Creation date
5/16/2012 1:41:06 PM
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Agreement
Contractor Name
Redevelopment Agency and Peninsula Habitat for Humanity
PROJECT NAME
3426 and 3486 Rolison Rd and 1181 Haven Ave
Date
5/12/2000
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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 />7. Income Affordability and Occupancy Restriction <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 />(1) have a household income at or below 50% of the area median income <br />established by HUD for San Mateo County, <br />(2) be a resident within the incorporated limits of the City of Redwood City at the <br />time of application. <br />(3) Qualify for a mortgage based on housing costs at no more than 30% of <br />household income for PITT (principal, interest, taxes and insurance), utilities and <br />HOA fees. <br />8. Income Limits by Family Size <br />For Applicants who have submitted their application to Habitat in 2000, the <br />following income limits shall be used: <br />SAN MATEO COUNTY INCOME LIMITS <br />As of March 9, 2000 <br />Median Income = $74,900 <br /># of 30% 50% 80% <br />Persons <br />Extremely <br />Very Low <br />Low <br />Low <br />+.::.[E <br />�ne(. 1 <br />SO <br />2 <br />18,000 <br />29,950 <br />46,650 <br />...::.:::.::::.::... <br />.....:...... <br />4 <br />22,450 <br />37,4501 <br />58,300 <br />::::::.>:,:<:4::, <br />6 <br />26,0501 <br />43,4501 <br />67,650 <br />.............. <br />€; is'.< <br />8 1 <br />29,6501 <br />49,4501 <br />77,000 <br />Requirements -.h2 <br />FXS;fs <br />04-14-00 <br />
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