RSG Compliance Monitoring Workshop Series 2
For Module II, RSG is conducting an overview series of income and rent requirements. The overview will identify types of income scenarios, including various methods of calculating income. In addition, attendees will learn how to calculate gross rent in accordance with project’s controlling agreements and funding source requirements such as HUD, TCAC, HCD, and California’s Health and Safety Code. Finally attendees will learn to determine the Area Median Income (AMI) for each set-aside unit by the program restrictions.
Gross Rent Calculations
Rent Restrictions with multiple funding sources
Rents with utility allowance
Rent with Subsidy assistance