Unit Mix. No. of Bedrooms MHP Assisted Units Restricted (including Assisted) non- Restricted Units Total Units Rent Utility Allowance Net Rent (gross – util. allw.) Annual Net Rent Income Limit % SMI % AMI % SMI % AMI % AMI % AMI % SMI % AMI % AMI 0 Market Rate 0 Mngr. Totals The above Unit Mix chart is based on the following: Maximum Gross Rent is as stated in the [insert year] XXXX [or non-HERA] MHP Income, Rent and Loan Limits. Income Limit is as stated in the [insert year] XXXX [or non-HERA] MHP Income Rent and Loan Limits.
Unit Mix. The distribution of Affordable Units shall be proportional to that of the Market-Rate Units (e.g., if the Market-Rate Units have a mix of 30% studios, 40% one- bedrooms, and 30% two-bedrooms, the Affordable Units shall have a similar mix).
Unit Mix. A minimum of 44% of the residential units shall consist of 2 or more bedrooms; and
Unit Mix. The unit mix of the Affordable Units in each building shall be similar to the overall unit mix of the building within 30% of the unit mix percentage for each unit type. The table below provides two examples of permissible unit quantities in a 300-unit building which provides 6% Affordable Units (3% Middle Income and 3% Very Low Income Units): Total Building Scenario One Scenario Two Unit Type Total Quantity Unit Mix Quantity AUs %(max) Relative Ratio Quantity AUs % (min) Relative Ratio Studio 45 15% 3 16.7% +11% 2 11.1% (-26%) 1bd 135 45% 9 50% +11% 7 38.9% (-14%) 2bd 90 30% 4 22.2% (-26%) 7 38.9% +30% 3bd 30 10% 2 11.1% +11% 2 11.1% +11% Total 300 100% 18 100% 18 100%
Unit Mix. A minimum of 50% of the residential units shall consist of 2 or more bedrooms. This mix may be increased up to 5% provided the maximum residential density does not exceed 140 persons.
Unit Mix. (i) duplexes or semi-detached dwellings shall contain at least one unit of a minimum of 800 sq.ft.;
Unit Mix. No. of Bedrooms VHHP Assisted Units Restricted (including Assisted) non- Restricted Units Total Units Rent Utility Allowance Net Rent (gross – util. allw.) Annual Net Rent Income Limit % SMI % AMI % SMI % AMI % AMI % AMI % SMI % AMI % AMI 0 Market Rate 0 Mngr. Totals The above Unit Mix chart is based on the following: Maximum Gross Rent is as stated in the [insert year] XXXX [or non-HERA] VHHP Income, Rent and Loan Limits. Income Limit is as stated in the [insert year] HERA [or non-HERA] VHHP Income Rent and Loan Limits.
Unit Mix. In accordance with the Master Plan, the Vertical Development must include certain Affordable Units, which Affordable Units must in the aggregate consist of at least 20% of the Housing Units developed on the Property subject to the following affordability requirements: (i) 5% of the aggregate Housing Units to be affordable to households earning 60% or less of AMI; (ii) 5% of the aggregate Housing Units to be affordable to households earning 50% or less of AMI; and (iii) 10% of the aggregate Housing Units to be affordable to households earning 30% or less of AMI (collectively, the “Affordable Housing Requirements”). The number of Affordable Units to be developed on the Property to fulfill the Affordable Housing Requirements is currently anticipated to be 763. Based on the anticipated 763 Affordable Units, the mix of Affordable Units under the Affordable Housing Requirements is anticipated to include the following:
Unit Mix. No. of Bedrooms AHSC Restricted Total Restricted) non- Restricted Units Total Units Rent Utility Allowance Net Rent (gross – util. allw.) Annual Net Rent Income Limit % SMI % AMI % SMI % AMI % AMI % AMI % SMI % AMI % AMI 0 Market Rate 0 Mngr. Totals The above Unit Mix chart is based on the following: Maximum Gross Rent is as stated in the [insert year] XXXX [or non-HERA] AHSC Income, Rent and Loan Limits. Income Limit is as stated in the [insert year] HERA [or non-HERA] AHSC Income Rent and Loan Limits. EXHIBIT C TO REGULATORY AGREEMENT Special Conditions In the event of any inconsistencies or conflicts between these Special Conditions and the terms of this Agreement or any of the other Loan Documents, the terms of these Special Conditions shall control. Requirements for project-based Rental Assistance (paragraph 10.d). The following Units shall be covered by project-based rent subsidies: No. of Units Bedrooms Assistance Program AHSC Income Limit [Remainder of this page is intentionally left blank.] AHSC Affordabilty (NOFA 01/30/15) Page 1 of 19 Rev: _ Prep: Dev:
Unit Mix. The Units shall be rented to Qualified Tenants in accordance with the following income and Unit mix; provided, however, that (a) the below income limits shall be deemed a “ceiling” and (b) there shall be no “floor” for such income limits. Developer shall rent 100% of the Units in the Project to Qualified Tenants with household incomes that do not exceed 80% of the area median income for the City and County of Honolulu, adjusted for family size (“AMI”), as determined by the United States Department of Housing and Urban Development (“HUD”) and published by the Hawaii Housing Finance and Development Corporation (“HHFDC”). Annual income shall be determined based on rules for low-income housing tax credit projects under 24 Code of Federal Regulations (“CFR”) Part 5, Subpart F, entitled "Section 8 and Public Housing, and Other HUD Assisted Housing Serving Persons with Disabilities: Family Income and Family Payment; Occupancy Requirements for Section 8 Project- Based Assistance". No fewer than 89% of the total number of Units shall be rented to Qualified Tenants with incomes at or below 60% AMI, and no fewer than 5% of the total number of Units shall be rented to Qualified Tenants with incomes at or below 30% AMI. Accordingly, the Units shall be used for an eligible CDBG-assisted activity and meet the CDBG national objective described in 24 CFR §570.208(a)(3), a housing activity carried out for the purpose of providing or improving permanent residential structures which, upon completion, will be occupied by low- and moderate-income households.
