Affordability-Income level definitions-family size not known (actual or prospective tenants).

§ 81.18 Affordability—Income level definitions—family size not known (actual or prospective tenants). In determining whether a rental unit is affordable to very-low, low-, or moderate-income families where family size is not known to the GSE, income will be adjusted using unit size, and affordability determined as follows: (a) For moderate-income, the income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size: Unit size Percentage of area median income Efficiency 70 1 bedroom 75 2 bedrooms 90 3 bedrooms or more (*) *104% plus (12% multiplied by the number of bedrooms in excess of 3). (b) For low-income, income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size: Unit size Percentage of area median income Efficiency 56 1 bedroom 60 2 bedrooms 72 3 bedrooms or more (*) *83.2% plus (9.6% multiplied by the number of bedrooms in excess of 3). (c) For very-low-income, income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size: Unit size Percentage of area median income Efficiency 42 1 bedroom 45 2 bedrooms 54 3 bedrooms or more (*) *62.4% plus (7.2% multiplied by the number of bedrooms in excess of 3). (d) For especially-low-income, income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size: Unit size Percentage of area median income Efficiency 35 1 bedroom 37.5 2 bedrooms 45 3 bedrooms or more (*) * 52% plus (6.0% multiplied by the number of bedrooms in excess of 3). [60 FR 61888, Dec. 1, 1995, as amended at 65 FR 65089, Oct. 31, 2000]