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Item 16 - Affordable Housing Project at 801, 807, 809 and 809 ½ E. Santa Ana Blvd
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Item 16 - Affordable Housing Project at 801, 807, 809 and 809 ½ E. Santa Ana Blvd
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8/17/2023 11:55:22 AM
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City Clerk
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Agenda Packet
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Clerk of the Council
Item #
16
Date
12/7/2021
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Judson Brown, City of Santa Ana October 6, 2021 <br />Francis Xavier Residence: Financial Gap Analysis Page 8 <br /> <br /> 2108022:SA:TRB <br /> 19090.017.010 <br /> <br /> <br />Rent Restriction 1-Bedroom <br /> H&SC ELI <br />30% Supplemental Security Income $249 <br />H&SC Extremely Low Income $609 <br /> Applicable Rents $249 <br /> H&SC ELI / NPLH/SNHP @ 25% Median <br />30% Supplemental Security Income $249 <br />H&SC Extremely Low Income $609 <br />NPLH/SNHP @ 25% NPLH Median $599 <br /> Applicable Rents $249 <br /> H&SC ELI / SNHP @ 25% Median <br />30% Supplemental Security Income $249 <br />H&SC Extremely Low Income $609 <br />NPLH @ 25% NPLH Median $599 <br /> Applicable Rents $249 <br /> H&SC ELI / SNHP @ 30% Median <br />30% Supplemental Security Income $249 <br />H&SC Extremely Low Income $609 <br />SNHP @ 30% NPLH Median $725 <br /> Applicable Rents $249 <br /> <br />The Authority will provide PBVs for three of the income-restricted units. The PBV <br />payments are based on the difference between the rent paid by the tenant and the fair <br />market rent (FMR) approved by HUD and published by the Authority. The 2021 <br />payment standard is set at $1,718 per unit per month for a one-bedroom unit. <br />EXHIBIT 3
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