Section 50053 Of Chapter 2. Definitions From California Health And Safety Code >> Division 31. >> Part 1. >> Chapter 2.
50053
. (a) For any rental housing development that receives
assistance prior to January 1, 1991, and a condition of that
assistance is compliance with this section, "affordable rent" with
respect to lower income households shall not exceed the percentage of
the gross income of the occupant person or household established by
regulation of the department that shall not be less than 15 percent
of gross income nor exceed 25 percent of gross income.
(b) For any rental housing development that receives assistance on
or after January 1, 1991, and a condition of that assistance is
compliance with this section, "affordable rent," including a
reasonable utility allowance, shall not exceed:
(1) For extremely low income households the product of 30 percent
times 30 percent of the area median income adjusted for family size
appropriate for the unit.
(2) For very low income households, the product of 30 percent
times 50 percent of the area median income adjusted for family size
appropriate for the unit.
(3) For lower income households whose gross incomes exceed the
maximum income for very low income households, the product of 30
percent times 60 percent of the area median income adjusted for
family size appropriate for the unit. In addition, for those lower
income households with gross incomes that exceed 60 percent of the
area median income adjusted for family size, it shall be optional for
any state or local funding agency to require that affordable rent be
established at a level not to exceed 30 percent of gross income of
the household.
(4) For moderate-income households, the product of 30 percent
times 110 percent of the area median income adjusted for family size
appropriate for the unit. In addition, for those moderate-income
households whose gross incomes exceed 110 percent of the area median
income adjusted for family size, it shall be optional for any state
or local funding agency to require that affordable rent be
established at a level not to exceed 30 percent of gross income of
the household.
(c) The department's regulation shall permit alternative
percentages of income for agency-assisted rental and cooperative
housing developments pursuant to regulations adopted under
subdivision (f) of Section 50462. The department shall, by
regulation, adopt criteria defining and providing for determination
of gross income, adjustments for family size appropriate to the unit,
and rent for purposes of this section. These regulations may provide
alternative criteria, where necessary, to be consistent with
pertinent federal statutes and regulations governing federally
assisted rental and cooperative housing. The agency may, by
regulation, adopt alternative criteria, and pursuant to subdivision
(f) of Section 50462, alternative percentages of income may be
adopted for agency-assisted housing developments.
For purposes of this section, "area median income," "adjustments
for family size appropriate to the unit," and "moderate-income
household" shall have the same meaning as provided in Section
50052.5.