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19F - CONSOLIDATED PERFORMANCE AND EVALUATION REPORT
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09/16/2014
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19F - CONSOLIDATED PERFORMANCE AND EVALUATION REPORT
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Last modified
9/11/2014 4:06:15 PM
Creation date
9/11/2014 3:21:49 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
19F
Date
9/16/2014
Destruction Year
2019
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• Middle- Income: HUD has designated this new income category for households participating in <br />certain programs funded with NSP. Middle- income households have an income in excess of <br />80% but no greater than 120% of the county median income <br />• Moderate - income: Some funding sources (i.e., local Redevelopment funds) allow the City to <br />assist households with higher incomes, typically up to 120% of the area median income. <br />The term "lower income" household or individual may also be used when referencing <br />accomplishments. This is a generic term used to reference households /individuals with incomes <br />that range from 0% to 80% of the county median income. <br />In most situations, HUD funded programs are limited to persons with incomes of 80% of the area <br />median income (adjusted for family size). The income limits listed below (Table 3) were utilized to <br />qualify /report HUD funded activities during the latter part of the report period. As allowed by HUD, <br />the City chose to use HUD's "uncapped" income limits to qualify CDBG- funded activities on an area <br />wide basis and used HUD's "Adjusted" income limits for HOME and CDBG activities that are client <br />income - based. For calendar year 2013, these income limits are the same (see Table 2). <br />TABLE 2 - 2013 HUD INCOME LIMITS <br />MAXIMUM <br />$51,250 <br />$58,600. <br />$65,900 <br />$73,200 <br />"UNCAPPED" INCOME <br />MAXIMUM <br />$51,250 <br />$58,600 <br />$65,900 <br />$73,200 <br />"ADJUSTED" INCOME <br />MAXIMUM <br />e <br />$79,100 <br />$84,950 <br />e <br />$90,800 <br />$96,650 <br />"UNCAPPED?' INCOME <br />MAXIMUM <br />$79,100 - <br />$84,950 <br />$90,800 <br />$96,650 <br />"ADJUSTED" INCOME <br />Source: U.S. Department <br />of Housing and Urban Development (www.hud.eov) <br />"Based on 2013 Median Income <br />for The Orange County <br />Metropolitan Area of $84,100." <br />4 <br />DRAFT 2013 -2014 CAPER <br />I6"Pit - -43 <br />
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