|
Flat Rents
Flat rents are intended as an incentive for residents to remain in
public housing after they have attained a level of self-sufficiency.
which HUD interprets "flat rents" to be reasonable market value. LMHA reviews
flat rents annually. A flat rent is the amount the family pays directly
to LMHA for a specific bedroom size. LMHA arrived at the flat rent
amounts by establishing the cost per bedroom as reflected by the current
year budget operating expenditures. Flat rents are not applicable
to Harr Plaza or International Plaza.
The family is responsible for the gas and electric. Flat rents are
as follows:
Effective 07-01-08
| Bedroom Size |
Flat Rent Amount |
| 0 |
$330.00 |
| 1 |
$390.00 |
| 2 |
$450.00 |
| 3 |
$590.00 |
| 4 |
$710.00 |
| 5 |
$780.00 |
| 6 |
$850.00 |
|
ADMISSIONS AND CONTINUED
OCCUPANCY POLICY
APPENDIX II
INCOME LIMITS
EFFECTIVE 07-01-08
|
No. of persons
in household |
Income Limit Amount |
| 1 |
$34,350 |
| 2 |
$39,300 |
| 3 |
$44,200 |
| 4 |
$49,100 |
| 5 |
$53,050 |
| 6 |
$56,950 |
| 7 |
$60,900 |
| 8 |
$64,800 |
|
|
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