Cities Index.
Exhibit A - Revised 2022 Affordable Housing Table

Emeryville City Council
January 17, 2023

Document
Exhibit A - Revised 2022 Affordable Housing Table
Meeting
January 17, 2023
Body
Emeryville City Council
Original file
159 KB
Text extracted from the city's file for reading and search. Open the original on emeryville.legistar1.com. That file is the official record.

1 person 2 person 3 person 4 person 5 person
$119,950 $137,100 $154,200 $171,350 $185,050
$99,950 $114,250 $128,500 $142,800 $154,200
$76,750 $87,700 $98,650 $109,600 $118,400
$50,000 $57,150 $64,300 $71,400 $77,150
Studio 1 Bedroom 2 Bed/ Equivalent** 3 Bedroom 4 Bedroom $345,134 $398,293 $445,160 $491,298 NA
$254,495 $295,978 $326,546 $360,362 NA
$153,303 $178,310 $196,449 $215,787 NA
Studio 1 Bedroom 2 Bed/ Equivalent** 3 Bedroom 4 Bedroom $2,749 $3,142 $3,534 $3,927 $4,241
$1,499 $1,714 $1,928 $2,142 $2,313
$1,249 $1,428 $1,606 $1,785 $1,928

ESTIMATED MAXIMUM

RESALE PRICE
Revised 2022 Program Year (Effective January 17, 2023)
Note: CA Housing and Community Development (HCD) annually updates the income limits based on U.S.

Department of Housing and Urban Development (HUD) revisions to the Public Housing and Section 8 Income Limits that HUD most recently released on April 19, 2022. The income limits reflected below are for Alameda County. For households of 6 or more, please contact [email protected].

MAXIMUM INCOME LIMITS
Note: Maximum Sales Prices are calculated on a per unit basis, based on the average 90- day fixed 30-YR mortgage interest rate and the actual HOA fees charged to the unit. Maximum Sale Prices identified abelow is for illustrative purposes only. To confirm the maximum Resale Price of a BMR Unit, contact [email protected].

Note: Gross rent includes the total of monthly payments for a rental including a reasonable allowance for utilities, provided by the Housing Authority of Alameda County, and any required service charges or fees charged to tenants. Utility allowance and required charges/fees must be deducted from rents shown below.

MAXIMUM MONTHLY

GROSS RENTAL RATE
** 2 Bedroom/Equivalent includes units with two bedrooms or units with 1 bedroom and a bonus area. To confirm if a unit is classified as a 2 bedroom equivalent, plesae contact the Owner or the City. * The maximum sales prices and rents allowed pursuant to the City's Affordable Housing Program are based on the housing affordability definitions found in the California Health and Safety Code at Section 50052.5 and 50053. These are to be considered maximum amounts and do not take into account market conditions that may limit actual sales and rent values.

Low Income (80%)
Unit Type
Unit Type
Moderate Income (120%)
Low Income (80%)
Very-Low Income (50%)

HOUSING AFFORDABILITY TABLE
MAXIMUM SALES PRICES AND RENTS*
Moderate Income (120%)
Median Income (100%)
Low Income (80%)
Very Low Income (50%)
Household Size
Moderate Income (120%)
Median Income (100%)
City of Emeryville CAL IFORN IA
Exhibit A

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