Affordable Rents. Affordable Rents for Affordable Units, including Utility Allowances, shall be based on the Los Angeles County Area Median Income published in Title 25, California Code of Regulations, Section 6932 by the California Department of Housing and Community Development, as may be amended from time to time. Affordable Rents may not be increased more frequently than annually to reflect increases in Area Median Income.
Appears in 4 contracts
Samples: Density Bonus Housing Agreement, Density Bonus Housing Agreement, Density Bonus Housing Agreement
