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(ii) Thirty percent (3D%) of the displaced person's average, monthly gross household <br />income if the amount is classified as "low income" by the U. S. Department of <br />Housing and Urban Development's (HUD) Annual Survey of Income Limits for <br />the Public Housing and Section 8 Programs. HUD's Survey is shown as <br />Attachment 5. If a displaces refuses to provide appropriate evidence of income or is <br />a dependent, the base monthly rent shall be determined to be the average monthly <br />cost for rent and utilities at the displacement dwelling; or <br />(iii) The total of the amount designated for shelter and utilities If :receiving a welfare <br />assistance payment from a program that designated the amounts for shelter and utilities <br />Table 4 provides an example of how a 104(d) rental`•' assistance eligibility amount is <br />determined: <br />TABLE 4: Example Ctimpptation of It14(d) Rental Assistance Payments <br />L Adjusted Gross Income $700 30% of Hogsghold s Mohthly Adjusted Gross Income* <br />-or- <br />2. Gross Income $400 IO% of Gross Mortlily HoWSehold Income <br />3. Greater of lines 1 and 2 $700 Total Tenant Payment <br />Subtracted fr°m the lesser. of '. <br />4. Actual New Rent $795 Actual New Rent (includes utilities) <br />u, <br />_°r <br />::. <br />5. Comparable Rent ~ , '. $815 :8~iby Developer (includes utilities) <br />'k~. <br />: s~~~ <br />6. L"'esser of fines $.and 5 <br />$795 <br />7. Monthly Need Atripunt $95 Subtract line 3 from line 6 <br />F.eq~gl Assistance .;: $5,700 Multiply tine 7 (Monthly Need) by 60 months <br />*Ad7ustodgross income'means the total annual income of an individual household less the tollowing: <br />(1) a deduction of $480 for each dependent; (2) a deduction of $400 for an elderly household; (3) a <br />deduction foe recuremg'txtraordinary medical expenses; defined for this purpose to mean medical <br />expenses in excess d~'3% of total income, where not compensated for, or covered by insurance or other <br />sources; (4) a deduction of reasonable amounts paid for the care of children or sick or incapacitated <br />family members when. determined to be necessary to employment of the head of household or spouse, <br />except that the amount deducted shall not exceed the amount of income received by the person who <br />would not otherwise be able to seek employment in the absence of such care. <br />Last Resort Housine Payments <br />There is adequate "comparable replacement housing" available to meet the needs of the <br />Project occupants, according to the housing survey. However, a combination of factors, <br />Overland, Pack & Cutler, Inc. <br />4-124 <br />