RENT LIMITATIONS. a. The HOME-assisted units in a rental housing project must be occupied by households that are eligible as low income families and meet the requirements of 24 CFR § 92.252 (a-c). The maximum HOME rents (High HOME Rents) are set out in Attachment I, Statement of Work as allowed by 24 CFR § 92.252(a). The rent limits apply to the rent plus the utilities or the utility allowance. The initial rents (including utility allowances) for each HOME- assisted unit shall be set using County provided ceiling at the time of the initial occupancy of each matching HOME-assisted unit by a new household.
Appears in 2 contracts
Sources: Subgrant Agreement, Subgrant Agreement