Low Income Rent. Subject to the provisions of Section 2.4 below, the Rent paid by Tenants of Very Low Income Units may not exceed one-twelfth (1/12) of thirty percent (30%) of sixty percent (60%) of Median Income, adjusted for Assumed Household Size.
Low Income Rent. Subject to the provisions of Section 2.3 below, the Rent paid by Tenants of Low Income Units may not exceed the Low HOME Rent provided to the Borrower annually by the County, which shall be consistent with the HUD published HOME rents.
Low Income Rent. Subject to the provisions of Section 2.3 below, the maximum Rent (including utility allowance) charged to Tenants of the Low Income Units shall not exceed one-twelfth (1/12) of thirty percent (30%) of sixty percent (60%) of Area Median Income, adjusted for Assumed Household Size.
Low Income Rent. Subject to the provisions of Section 2.3 below, the Rent paid by Tenants may not exceed the HOME program “High HOME” Rent.
Low Income Rent. Subject to the provisions of Section 2.3 below, the Rent (including the Utility Allowance) paid by Tenants of the Low Income Units shall not exceed the Low Income Rent.
