Section 7209 - Minimum Number of Assisted Units and Affordability(a) For a Rental Housing Development, Assisted Units shall be provided shall be as follows: (1) When Program funds amount to less than twenty-five percent (25%) of the total development/rehabilitation cost or value of a project, whichever is applicable, for every one percent (1%) of the total development/rehabilitation cost or value which Program funds constitute, a minimum of two percent (2%) of the total number of units of the housing development shall be designated as assisted units restricted to occupancy by agricultural households.(2) When the funds amount to twenty five percent (25%) or more of the total development/rehabilitation cost or value of a housing development, the number of assisted units restricted to occupancy by agricultural households shall be directly proportional to the percentage of Program funds awarded to the total development/rehabilitation costs, but not less than fifty percent (50%) of the total number of units in the housing development.(3) To the greatest extent possible consistent with fiscal integrity, at least ten percent (10%) of the assisted units shall be reserved for agricultural households with incomes no greater than thirty percent (30%) of area median income (AMI). These units shall be distributed reasonably among bedroom sizes. The remaining ninety percent (90%) of assisted units shall be reserved for agricultural households with incomes no greater than 80% of AMI.(4) Rent limits for initial occupancy and for each subsequent tenancy by a new eligible household shall apply to all assisted units in accordance with subdivision (b) of Health and Safety Code Section 50053.(5) In the event that the agricultural worker population in a Rental Housing Development falls below the minimum number required to occupy the housing development either through change of status or by persons leaving the housing development, the recipient shall implement an affirmative marketing plan which will recruit other agricultural households as units become available until the minimum number is once again in occupancy.(b) For homeownership housing developments, where program funds are used for subdivision development costs, the percentage of assisted units shall not be less than the percentage of the total development cost or value which Program funds constitute.Cal. Code Regs. Tit. 25, § 7209
1. New section filed 4-2-2008; operative 5-2-2008 (Register 2008, No. 14). Note: Authority cited: Sections 50406 and 50517.5, Health and Safety Code. Reference: Section 50517.5, Health and Safety Code.
1. New section filed 4-2-2008; operative 5-2-2008 (Register 2008, No. 14).