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Res 1986-150
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Res 1986-150
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8/28/2007 9:40:39 AM
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8/28/2007 9:40:39 AM
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City Clerk
City Clerk - Document
Resolutions
Number
1986-150
Date
12/8/1986
Volume Book
84
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<br />Neighborhood Name: <br /> <br />No. Households: <br /> <br />No. Households Surveyed: <br /> <br />Med i an Faml1 y Income: $ <br />Neighborhood Name: <br />No. Households: - No. Households Surveyed: <br />Median Family Income: $ <br />Neighborhood Name: <br />No. Households: - No. Households Surveyed: <br />Median family Income: $ <br />Neighborhood Name: <br />No. Households: - No. Households Surveyed: <br />Median Family Income: $ <br />Neighborhood Name: <br />No. Households: - No. Households ~urveyed: <br />Median Family Income: $ <br /> <br />e. <br /> <br />How will the applicant assure that rents in selected neighborhoods <br />are generally affordable to lower income families and that the <br />character of the neighborhoods indicates that rents are not likely to <br />increase at a rate significantly greater than the rate for rent <br />increases that can reasonably be anticipated to occur in the area for <br />a five year period. (Cite recent market studies or analyses, 1f <br />avanable. ) <br /> <br />The program shall be administered by the San Marcos Housing Authority <br />who will place Section 8 Housing Assistance eligible tenants in the <br />rehabilitated units. In the event that no Section 8 tenant is in need of <br />the unit~ a clause in the deferred forgiveable loan agreement will <br />assure that the owner requests a rent no higher than the Section 8 <br />rent at that time. <br /> <br />HUD sets the Section 8 rent limits by rent surveys conducted semi- <br />annually. <br /> <br />f. <br /> <br />If all neighborhoods have not been preselected, all of the above <br />information must be provided to TOCA prior to the release of funds on <br />any specific project. <br /> <br />-10- <br />
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