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25G - AGMT - INCLUSIONARY HOUSING 1206 N HARBOR
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25G - AGMT - INCLUSIONARY HOUSING 1206 N HARBOR
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2/12/2015 5:27:42 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
25G
Date
2/17/2015
Destruction Year
2020
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1. Except as provided in subdivision (2), all payments from all sources <br />received by the head of household (even if temporarily absent) and each <br />additional member of the household who is not a minor shall be included <br />in the annual income of a household. Gross Income shall include, but not <br />be limited to: <br />a� The gross amount, before any payroll deductions, of wages and <br />salaries, overtime pay, commissions, fees, tips and bonuses; <br />b. The net income from operation of a business or profession or from <br />rental or real or personal property (for this purpose, expenditures <br />for business expansion or amortization of capital indebtedness shall <br />not be deducted to determine the net income from a business); <br />C. Interest and dividends; <br />d. The full amount of periodic payments received from social security, <br />annuities, insurance policies, retirement funds, pensions, disability <br />or death benefits and other similar types of periodic receipts (but <br />see subdivision (2)(c)); <br />e, Payments in lieu of earnings, such as unemployment and disability <br />compensation, worker's compensation and severance pay. <br />f. Public Assistance. If the public assistance payment includes an <br />amount specifically designated for shelter and utilities which is <br />subject to adjustment by the public assistance agency in <br />accordance with the actual cost of shelter and utilities, the amount <br />of public assistance income to be included as income shall consist <br />of: <br />The amount of the allowance or grant exclusive of the <br />amount specifically designated for shelter and utilities, plus <br />H. The maximum amount which the public assistance agency <br />could in fact allow for the household for shelter and utilities, <br />g. Periodic and determinable allowances such as alimony and child <br />support payments, and regular contributions or gifts received from <br />persons not residing in the dwelling; <br />IndU5lenary Housing Agreement Page 4 <br />City of Santa Ana February 17, 2015 <br />160311411654522.2 25G-6 <br />
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