In determining whether a rental unit is affordable to very-low, low-, or moderate-income families where family size is not known to the GSE, 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 |
---|---|
Efficiency | 70 |
1 bedroom | 75 |
2 bedrooms | 90 |
3 bedrooms or more | (*) |
*104% plus (12% multiplied by the number of bedrooms in excess of 3).
(b) For 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 |
---|---|
Efficiency | 56 |
1 bedroom | 60 |
2 bedrooms | 72 |
3 bedrooms or more | (*) |
*83.2% plus (9.6% multiplied by the number of bedrooms in excess of 3).
(c) 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 |
---|---|
Efficiency | 42 |
1 bedroom | 45 |
2 bedrooms | 54 |
3 bedrooms or more | (*) |
*62.4% plus (7.2% multiplied by the number of bedrooms in excess of 3).
(d) For especially-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 |
---|---|
Efficiency | 35 |
1 bedroom | 37.5 |
2 bedrooms | 45 |
3 bedrooms or more | (*) |
*52% plus (6.0% multiplied by the number of bedrooms in excess of 3).
[60 FR 61888, Dec. 1, 1995, as amended at 65 FR 65089, Oct. 31, 2000]