Common use of Xxxxx of Affordability Clause in Contracts

Xxxxx of Affordability. Rents at Occupancy Unit Type Unit Size Number of Units (A) Actual Rent to be charged per month (B) CMHC Average Market Rent (AMR – 20XX) or City published AMR (C) Actual Project Rents (D)=(A)X(B) Project Rents as per CMHC AMR or Alternate (E)=(A)X(C)

Xxxxx of Affordability. Rents at Occupancy Unit Type Unit Size Number of Units (A) Actual Total Rent to be charged per month (includes housing benefit & utility allowance) (B) CMHC Average Market Rent (AMR – 20XX) or City published AMR (C) Actual Project Rents (D)=(A)X(B) Project Rents as per CMHC AMR or Alternate (E)=(A)X(C)