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80A - CONSOLIDATED PLAN AND LOAN AGMT FOR VISTA DEL RIO
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03/15/2010
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80A - CONSOLIDATED PLAN AND LOAN AGMT FOR VISTA DEL RIO
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Last modified
1/3/2012 4:10:26 PM
Creation date
3/10/2010 9:48:08 AM
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City Clerk
Doc Type
Agenda Packet
Item #
80A
Date
3/15/2010
Destruction Year
2015
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I~ <br /> ' _ 1 <br /> j <br /> 1 S <br /> ' have a 2009 Maximum ~'7ross Monthly Rent of $969.00, subject to deduction for utilities <br /> allowance as set forth in Sectian 401.4." ~ <br /> 3: Section 401,4. Unit Meg shall be amended as follows: <br /> There shall be (11) HUME~assisted units and (29} Agency assisted units. The HOME j <br /> assisted units shall be floating ututs and shall be distiibuted throughout the Project with ~ <br /> comparable amenities to the other units. <br /> Agency and Vista Ael Rio agree #hat the breakdown of unit affordability far the Units shall be as <br /> follows, under this Agreement and the Loan Agreement: ~ <br /> - i <br /> Agency and Vista Del Rio agree that the 'Year 2010 initial rents and the breakdown of ~ <br /> unit affordability for the Extremely Low Income-Units shall be as follows: <br /> # of Units ~ of HOME ~ 2010 Max. <br /> (Agency) units Gross Monthly - <br /> Rents'~ <br /> 3 , <br /> Studio Extremely Low ITnits 7 2 $488 <br /> One Bedroom Extremely Low Units 8 2 $523 <br /> Two Bedroom Extremely Low Units 0 1 $627 j <br /> i <br /> i <br /> Agency and Vista Del Rio agree that the Yeax 2010 initial rents and the breakdown of unit <br /> affordability for the Very Low Income Units shall be as follows; <br /> E <br /> <br /> - i <br /> # of Units # of HOME 2020 Max. I <br /> ~ <br /> (Agency) emits Gross ~ ~ <br /> Monthly ~ j <br /> Rents* <br /> l <br /> Studio Verb' Low Units 4 2 $753 i <br /> One Bedroom Very Low Units S 2 . .$861 j <br /> Two Bedroom Very Law Units 2 2 $969 <br /> i <br /> i <br /> 2 <br /> _ 3 <br /> ~ i <br /> 80A-6 <br /> <br />
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