§ 1282.18 - Affordability - Income level definitions - family size not known (actual or prospective tenants).  


Latest version.
  • § 1282.18 Affordability - Income level definitions - family size not known (actual or prospective tenants).

    In determining whether a rental unit is affordable where family size is not known to the Enterprise, income will be adjusted using unit size, and affordability determined as follows:

    (a) For moderate-income, the income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:

    Unit size Percentage of area median income
    Efficiency 70
    1 bedroom 75
    2 bedrooms 90
    3 bedrooms or more *

    (b) For low-income (80%), income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:

    Unit size Percentage of area median income
    Efficiency 56
    1 bedroom 60
    2 bedrooms 72
    3 bedrooms or more *

    (c) For low-income (60%), income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:

    Unit size Percentage of area median income
    Efficiency 42
    1 bedroom 45
    2 bedrooms 54
    3 bedrooms or more *

    (d) For very low-income, income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:

    Unit size Percentage of area median income
    Efficiency 35
    1 bedroom 37.5
    2 bedrooms 45
    3 bedrooms or more *

    (e) For extremely low-income, income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:

    Unit size Percentage of area median income
    Efficiency 21
    1 bedroom 22.5
    2 bedrooms 27
    3 bedrooms or more *