Viewing a single comment thread. View all comments

cowperthwaite OP t1_iz1d3sr wrote

Reply to comment by OctoberRust13 in 'Affordable' apartment complex proposed for parking lot on Washington St. in Federal Hill by cowperthwaite

It's tied to being house burdened (30% of income on rent) at 60% AMI, although utilities factor into it too.

Here's a spreadsheet that breaks down wage/hour, /month, /year, and what 30% is per year/month.

Second tab has what 60% AMI is, what 30% is/month.

https://docs.google.com/spreadsheets/u/1/d/e/2PACX-1vSAxhyYgTcgNhHApstmGzLvA5R6fSf5F66ui7Qz4edkmDTzFGfH8pe1DcncsttT7s6rULinFWFFf4HQ/pubhtml

AMI table:

https://www.documentcloud.org/documents/22060608-fy-22-hud-income-limits#document/p1/a2115177

32