View all text of Subpart B [§ 1282.11 - § 1282.21]

§ 1282.18 - Affordability—Income level definitions—family size not known (actual or prospective tenants).

In determining whether a rental unit is affordable where family size is not known to the Enterprise, income will be adjusted using unit size, and affordability determined as follows:

(a) For moderate-income, the income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:

Unit size Percentage of area median income Efficiency70 1 bedroom75 2 bedrooms90 3 bedrooms or more*

*104% plus (12% multiplied by the number of bedrooms in excess of 3).

(b) For low-income (80%), income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:

Unit size Percentage of area median income Efficiency56 1 bedroom60 2 bedrooms72 3 bedrooms or more*

*83.2% plus (9.6% multiplied by the number of bedrooms in excess of 3).

(c) For low-income (60%), income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:

Unit size Percentage of area median income Efficiency42 1 bedroom45 2 bedrooms54 3 bedrooms or more*

*62.4% plus (7.2% multiplied by the number of bedrooms in excess of 3).

(d) For very low-income, income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:

Unit size Percentage of area median income Efficiency35 1 bedroom37.5 2 bedrooms45 3 bedrooms or more*

*52% plus (6.0% multiplied by the number of bedrooms in excess of 3).

(e) For extremely low-income, income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:

Unit size Percentage of area median income Efficiency21 1 bedroom22.5 2 bedrooms27 3 bedrooms or more*

*31.2% plus (3.6% multiplied by the number of bedrooms in excess of 3).