§ 1282.19. Affordability—Rent level definitions—tenant income is not known.
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/us/cfr/t12/s§ 1282.19·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For purposes of determining whether a rental unit is affordable where the income of the family in the dwelling unit is not known to the Enterprise, the affordability of the unit is determined based on unit size as follows:
(a)For moderate-income, maximum affordable rents to count as housing for moderate-income families shall not exceed the following percentages of area median income with adjustments, depending on unit size: Unit size Percentage of area median income Efficiency21 1 bedroom22.5 2 bedrooms27 3 bedrooms or more* *31.2% plus (3.6% multiplied by the number of bedrooms in excess of 3).
(b)For low-income (80%), maximum affordable rents to count as housing for low-income (80%) families shall not exceed the following percentages of area median income with adjustments, depending on unit size: Unit size Percentage of area median income Efficiency16.8 1 bedroom18 2 bedrooms21.6 3 bedrooms or more* *24.96% plus (2.88% multiplied by the number of bedrooms in excess of 3).
(c)For low-income (60%), maximum affordable rents to count as housing for low-income (60%) families shall not exceed the following percentages of area median income with adjustments, depending on unit size: Unit size Percentage of area median income Efficiency12.6 1 bedroom13.5 2 bedrooms16.2 3 bedrooms or more* *18.72% plus (2.16% multiplied by the number of bedrooms in excess of 3).
(d)For very low-income, maximum affordable rents to count as housing for very low-income families shall not exceed the following percentages of area median income with adjustments, depending on unit size: Unit size Percentage of area median income Efficiency10.5 1 bedroom11.25 2 bedrooms13.5 3 bedrooms or more* *15.6% plus (1.8% multiplied by the number of bedrooms in excess of 3).
(e)For extremely low-income, maximum affordable rents to count as housing for extremely low-income families shall not exceed the following percentages of area median income with adjustments, depending on unit size: Unit size Percentage of area median income Efficiency6.3 1 bedroom6.75 2 bedrooms8.1 3 bedrooms or more* * 9.36% plus (1.08% multiplied by the number of bedrooms in excess of 3). [75 FR 55930, Sept. 14, 2010, as amended at 80 FR 53432, Sept. 3, 2015]
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§ 1282.19
Affordability—Rent level definitions—tenant income is not known.
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