# 2009 MAXIMUM ALLOWABLE LOW INCOME BY HOUSEHOLD SIZE MAXIMUM

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```							                                                                  2009
MAXIMUM ALLOWABLE LOW INCOME BY HOUSEHOLD SIZE & MAXIMUM RENTS BY UNIT SIZE
RENTAL OF AN INCLUSIONARY UNIT
Per Resolution No. NS-16,452

EFFECTIVE APRIL 2, 20091

HOUSEHOLD INCOME                                                                                    HOUSEHOLD SIZE / UNIT SIZE
ELIGIBILITY
1 PERSON           2 PERSON             3 PERSON            4 PERSON            5 PERSON            6 PERSON            7 PERSON            8 PERSON
STEP 1
STUDIO           1-BEDROOM            2-BEDROOM           3-BEDROOM           4-BEDROOM           5-BEDROOM           6-BEDROOM           7-BEDROOM
Determine household size
STEP 2
Determine HUD Median                          \$    58,650 \$             67,050 \$            75,400       \$       81,800 \$            90,500 \$            97,200 \$          103,900      \$     110,600
Income by household size--Note 1

STEP 3                                 \$    53,864 \$             61,579 \$            69,247       \$       75,125 \$            83,115 \$            89,268 \$           95,422      \$     101,575
Reduce Step 2 by 8.16%--Note 2

STEP 4
Multiply Step 3 by 80%--Note 3                  \$    43,091 \$             49,263 \$            55,398       \$       60,100 \$            66,492 \$            71,415 \$           76,337      \$       81,260
Maximum Allowable Household
Gross Annual Income

STEP 5
Divide Step 4 by 12--Note 4                  \$      3,591 \$              4,105 \$             4,616      \$        5,008 \$             5,541 \$              5,951 \$            6,361     \$        6,772
Maximum Allowable Monthly Income
STEP 6
Multiply Step 5 by 25%--Note 5                  \$        898 \$              1,026 \$             1,154      \$        1,252 \$             1,385 \$              1,488 \$            1,590     \$        1,693
Maximum Allowable Rent
Owner Paid Utilities

1   U.S. Dept. of Housing and Urban Development (HUD limits) http://www.hud.gov/offices/cpd/affordablehousing/programs/home/limits/income/2009/ca.pdf effective April 27, 2009 and the State Dept. of Housing
and Community Development memo (HCD limits) http://www.hcd.ca.gov/hpd/hrc/rep/state/inc2k9.pdf dated April 2 2009. HCD adds extremely low, median and moderate incomes adjusted for household size and
area housing costs.

2   Percentage difference between the 1980 City and County median family incomes as determined in the 1980 census (8.16%)
6
3   Maximum allowable annual gross income and assets for below-average/low-income households (80%)
6
4   Maximum allowable monthly income and assets

5   Maximum allowance for housing cost, including utilities. Utility costs are those established by the Santa Cruz County Housing Authority in conjunction with the Section 8 Rent Subsidy Program.
Maximum allowable rent, including utilities.

6   The maximum allowable assets for households seeking to rent inclusionary units shall be those limits established periodically by the Santa Cruz Housing Authority for the Section 8 Rental Assistance Program
or its successor.
P:\PLHR\Incomes\MEASURE O FOR RENT\2009\RENTAL16452.doc

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