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EXHIBIT 3 <br /> TABLE 5 <br /> AHOCO CALCULATIONS:2024 INCOME STANDARDS <br /> SANTA ANA,CALIFORNIA <br /> Median 80%Median 120%Median <br /> 1 Person $90,300 $72,240 $108,360 <br /> 2 Person $103,200 $82,560 $123,840 <br /> 3 Person $116,100 $92,880 $139,320 <br /> 4 Person $129,000 $103,200 $154,800 <br /> 5 Person $139,300 $111,440 $167,160 <br /> 6 Person $149,650 $119,720 $179,580 <br /> 7 Person $159,950 $127,960 $191,940 <br /> 8 Person $170,300 $136,240 $204,360 <br /> I. Low Income:80%Median Income-30%of Income Allotted to Housing Expenses <br /> 1-Bdrm 2-Bdrm 3-Bdrm 4-Bdrm <br /> A. Income <br /> Benchmark Household Size 2 3 4 5 <br /> Household Income $82,560 $92,880 $103,200 $111,440 <br /> %of Income Allocated to Housing 30% 30% 30% 30% <br /> Income Allotted to Housing $24,770 $27,860 $30,960 $33,430 <br /> B. Ongoing Expenses <br /> HOA/Maintenance $4,800 $4,800 $4,800 $4,800 <br /> Insurance @ 0.75%Affordable Sales Price 1,360 1,539 1,711 1,828 <br /> Utility Allowances i 2,592 3,396 4,296 5,268 <br /> Property Taxes @ 1.25%of Affordable Price 2,266 2,565 2,851 3,046 <br /> Total Expenses $11,018 $12,300 $13,658 $14,942 <br /> C. Income Available for Mortgage $13,752 $15,560 $17,302 $18,488 <br /> D. Affordable Housing Price <br /> Supportable Mtg @ 7.00%Interest 2 $172,200 $194,900 $216,700 $231,500 <br /> Home Buyer Down Pymt @ 5%Affordable Price 9,100 10,300 11,400 12,200 <br /> Maximum Purchase Price $181,300 $205,200 $228,100 $243,700 <br /> II. Moderate Income:120%Median Income-30%of Income Allotted to Housing Expenses <br /> 1-Bdrm 2-Bdrm 3-Bdrm 4-Bdrm <br /> A. Income <br /> Benchmark Household Size 2 3 4 5 <br /> Household Income $123,840 $139,320 $154,800 $167,160 <br /> %of Income Allocated to Housing 30% 30% 30% 30% <br /> Income Allotted to Housing $37,150 $41,800 $46,440 $50,150 <br /> B. Ongoing Expenses <br /> Utility Allowances i $2,592 $3,396 $4,296 $5,268 <br /> HOA/Maintenance 4,800 4,800 4,800 4,800 <br /> Insurance @ 0.75%Affordable Sales Price 2,328 2,629 2,922 3,137 <br /> Property Taxes @ 1.25%of Affordable Price 3,880 4,381 4,870 5,228 <br /> Total Expenses $13,600 $15,206 $16,888 $18,433 <br /> C. Income Available for Mortgage $23,550 $26,594 $29,552 $31,718 <br /> D. Affordable Housing Price <br /> Supportable Mtg @ 7.00%Interest 2 $294,900 $333,000 $370,100 $397,200 <br /> Home Buyer Down Pymt @ 5%Affordable Price 15,500 17,500 19,500 20,900 <br /> Maximum Purchase Price $310,400 $350,500 $389,600 $418,100 <br /> i Based on the Santa Ana Housing Authority utilities allowances effective as of 10/1/24.Assumes:Electric Cooking;Electric Heating; Electric Water <br /> Heater;Basic Electric;Air Conditioning;Water;Sewer;and Trash. <br /> 2 Based on Habitat estimate. <br /> Prepared by: Keyser Marston Associates,Inc. <br /> File name: Habitat Wellington_2 10 25;DPA Wellington <br />