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25G - AGMT - INCLUSIONARY HOUSING AGMT
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25G - AGMT - INCLUSIONARY HOUSING AGMT
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4/2/2015 4:28:32 PM
Creation date
4/2/2015 3:22:49 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
25G
Date
4/7/2015
Destruction Year
2020
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the ret Household assets or 10 percent of the value of all such <br />assets, whichever is greater. For purposes of this section, not <br />Household assets means value of equity in real property other than <br />the Household's full-time residence, savings, stocks, bonds, and <br />other forms of capital investment. The value of necessary items <br />such as furniture and automobiles shall be excluded. <br />2. The following items shall not be considered as income; <br />Casual, sporadic or irregular gifts; <br />Amounts which are specifically for or in reimbursement of the cost <br />of medical expenses; <br />C. Lump-sum additions to Household assets, such as inheritantes, <br />Insurance payments (including payments under health and accident <br />Insurance and worker's compensation), capital gains and <br />settlement for personal or property losses; <br />d. Amounts of educational scholarships paid directly to the student or <br />to the educational institution, and amounts paid by the government <br />to a veteran for use in meeting the costs of tuition, fees, books and <br />equipment. Any amounts of such scholarships, or payments to <br />veterans not used for the above purposes of which are available for <br />subsistence are to be included in income; <br />el The special pay to a serviceman head of a Household away from <br />home and exposed to hostile fire; <br />Relocation payments made pursuant to federal, state, or local <br />relocation law; <br />g, Foste r child care payments; <br />h The value of coupon allotments for the Purchase of food pursuant <br />to the Food Stamp Act of 1964 which is in excess of the amount <br />actually charged the eligible Household; <br />Payments received pursuant to participation in the following <br />volunteer programs under the ACTION Agency: <br />Iaa usianary Floosing Oavanws Dedaratioci Page 8 <br />city of Santa Ana January 2016 <br />25G-44 <br />
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