Common use of Affordable Rent Clause in Contracts

Affordable Rent. The maximum Monthly Rent chargeable to income eligible households shall be annually determined by the City and Authority in accordance with the lesser of: HOME Program requirements or, Health & Safety Code Section 50053. The maximum rent that the Developer may change any household occupying an affordable unit shall meet the following requirements:

Appears in 3 contracts

Samples: Affordable Housing Agreement, Affordable Housing Agreement, Affordable Housing Agreement

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Affordable Rent. The maximum Monthly Rent chargeable to income eligible households shall be annually determined by the City and Authority in accordance with the lesser of: HOME Program requirements orrequirements, Health & Safety Code Section 50053. The maximum rent that the Developer may change any household occupying an affordable unit shall meet the following requirements:

Appears in 1 contract

Samples: Affordable Housing Agreement

Affordable Rent. The maximum Monthly Rent chargeable to income eligible households shall be annually determined by the City and Authority in accordance with the lesser of: HOME Program requirements or, Health & Safety Code Section 50053requirements. The maximum rent that the Developer may change any household occupying an affordable unit shall meet the following requirements:

Appears in 1 contract

Samples: Affordable Housing Agreement

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Affordable Rent. The maximum Monthly Rent chargeable to income eligible households shall be annually determined by the City and Authority in accordance with the lesser of: HOME Program requirements or, Health & Safety Code Section 50053requirements,. The maximum rent that the Developer may change any household occupying an affordable unit shall meet the following requirements:

Appears in 1 contract

Samples: Affordable Housing Agreement

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