Exhibit A
MAXIMUM INCOME LIMITSHousehold Size 1 person 2 person 3 person 4 person 5 person Moderate Income (120%) $130,800 $149,500 $168,150 $186,850 $201,800 Median Income (100%) $109,000 $124,550 $140,150 $155,700 $168,150Low Income (80%) $84,600 $96,650 $108,750 $120,800 $130,500 Very Low Income (50%) $54,500 $62,300 $70,100 $77,850 $84,100Extremely Low (30%) $32,700 $37,400 $42,050 $46,700 $50,450ESTIMATED MAXIMUM RESALE PRICE*Unit Type Studio 1 Bedroom 2 Bed/ Equivalent** 3 Bedroom 4 Bedroom Moderate Income (120%) $356,203 $410,399 $457,239 $503,490 NA Median Income (100%) $257,257 $299,255 $330,017 $362,151 NALow Income (80%) $152,491 $177,625 $195,310 $212,499 NAMAXIMUM MONTHLY GROSS RENTAL RATE* Unit Type Studio 1 Bedroom 2 Bed/ Equivalent** 3 Bedroom 4 Bedroom Moderate Income (120%) $2,998 $3,425 $3,854 $4,282 N/ALow Income (80%) $1,635 $1,868 $2,102 $2,336 N/AVery-Low Income (50%) $1,363 $1,557 $1,752 $1,946 N/AExtremely Low Income (30%) $818 $934 $1,051 $1,168 N/A * 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 CaliforniCode 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 ** 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, plesaeor the City.
Note: Gross rent includes the total of monthly payments for a rental including a reasonable allowance for utilities, provided by th of Alameda County, and any required service charges or fees charged to tenants. Utility allowance and required charges/fees m from rents shown below.Note: Maximum Sales Prices are calculated on a per unit basis, based on the average 90- day fixed 30-YR mortgage interest ratHOA fees charged to the unit. Maximum Sale Prices identified abelow is for illustrative purposes only. To confirm the maximum BMR Unit, contact [email protected].
City of Emeryville
C A L I F O R N I A
HOUSING AFFORDABILITY TABLE
MAXIMUM SALES PRICES AND RENTS*
2024/25 Program Year,
Adopted June 18, 2024, Effective July 1, 2024
Note: On May 9, 2024, the CA Housing and Community Development (HCD) released the income limits based on U.S. DepartmUrban Development (HUD) revisions to the Public Housing and Section 8 Income Limits that HUD most recently released. The inreflected below are for Alameda County. For households of 6 or more, please contact [email protected].
Exhibit A
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ae contact the Owner
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