Laserfiche WebLink
. Administrative Plan 7/1/2025 <br /> <br />Page 3-11 <br /> A low-income or moderate-income family that is displaced as a result of the prepayment of a <br />mortgage or voluntary termination of a mortgage insurance contract on eligible low-income <br />housing as defined in 24 CFR 248.101. <br /> A low-income family is eligible for assistance under VASH [FR Notice 8/13/24]. See <br />Chapter 19 of this policy for more information. <br />HUD permits the PHA to establish additional categories of low-income families that may be <br />determined eligible. The additional categories must be consistent with the PHA plan and the <br />consolidated plans for local governments within the PHA’s jurisdiction. <br />SAHA Policy <br />SAHA has not established any additional categories of eligible low-income families. <br />Using Income Limits for Targeting [24 CFR 982.201] <br />At least 75 percent of the families admitted to the PHA's program during a PHA fiscal year must <br />be extremely low-income families. HUD may approve exceptions to this requirement if the PHA <br />demonstrates that it has made all required efforts but has been unable to attract an adequate <br />number of qualified extremely low-income families. <br />Families continuously assisted under the 1937 Housing Act and families living in eligible low- <br />income housing that are displaced as a result of prepayment of a mortgage or voluntary <br />termination of a mortgage insurance contract are not counted for income targeting purposes. <br />EXHIBIT 1