Cities Index.
Written Communication - Item 7.3 - Sutton.pdf

Chula Vista City Council
September 10, 2024

Document
Written Communication - Item 7.3 - Sutton.pdf
Meeting
September 10, 2024
Body
Chula Vista City Council
Original file
663 KB
Text extracted from the city's file for reading and search. Open the original on pub-chulavista.escribemeetings.com. That file is the official record.

Written Communications
Item #73 Name_ Sutton
2025 HUD
Small Area
Unit BD/BA Saft Contract Rent FMR 91910 Difference
A 1/1.00 620 $ 1,450.00 $ 2,090.00 $ 640.00
B 1/1.00 620 $ 1,450.00 $ 2,090.00 $ 640.00
C 1/1.00 620 $ 1,720.00 $ 2,090.00 $ 370.00
D 1/1.00 620 $ 1,795.00 $ 2,090.00 $ 295.00
E 1/1.00 620 1,720.00 $ 2,090.00 $ 370.00
F 1/1.00 620 1,720.00 2,090.00 $ 370.00
Total $ 9,855.00 $ 12,540.00 $ 2,685.00
Rental Assistance
2 months $ 19,710.00 $ 25,080.00 $ 5,370.00
3 months $ 29,565.00 $ 37,620.00 $ 8,055.00
Remodel minimum One unit Six units
($40/sq. ft. x 620 sq. ft.) $ 24,800.00 $ 148,800.00
Rental
assistance at
30-day Rental assistance contract rent &
Current ordinance remodel at contract rent 30-day remodel Remodel six units $ 148,800.00 $ 148,800.00 $ 148,800.00 $ 148,800.00 Relocation assistance $ 37,620.00 $ 37,620.00 $ 29,565.00 $ 29,565.00 Rental income loss $ 19,710.00 9,855.00 19,710.00 $ 9,855.00 Total $ 206,130.00 196,275.00 198,075.00 $ 188,220.00

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