Item 62 - Pre-Commitment of Affordable Housing Funds for Jamboree Housing Corporation and WISEPlace

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Tenant Income Certification (April 2021)6 For recertifications only. Enter the household income from the move-in certification. Enter the number of household members from the move-in certification. For recertifications only. Multiply the current LIHTC Maximum Move-in Income Limit by 140% and enter the total. 140% is based on the Federal Set-Aside of 20/50 or 40/60, or A.I.T. (20% - 60% = 140% X 60%, 70% = 140% X 70% and 80% = 140% X 80%) as elected by the owner for the property, not deeper targeting elections of 30%, 40%, 45%, 50%, etc. Below, indicate whether the household income exceeds that total. If the Gross Annual Income at recertification is greater than 140% of the LIHTC Income Limit per Family Size at Move-in date (above), then the available unit rule must be followed. Check the appropriate box for the income restriction that the household meets according to what is required by the federal set-aside(s) for the project. If your agency requires an income restriction lower than the federal limit, enter the percent required. Part VI - Rent Household Income at Move-in Household Size at Move-in Current Federal LIHTC Income Limit x 140% Unit Meets Federal Income Restriction at or Federal A.I.T. at Unit Meets State Deeper Targeting Income Restriction at Tenant Paid Monthly Rent Federal Rent Assistance Non-Federal Rent Assistance Total Monthly Rent Assistance Source of Federal Rent Assistance Monthly Utility Allowance Other Monthly Non-Optional Charges Gross Monthly Rent for Unit Maximum LIHTC Rent Limit for this unit Maximum LIHTC Bond Rent Limit for this unit Unit Meets Federal Rent Restriction at or Federal A.I.T. at Unit Meets Bond Rent Restriction at Unit Meets State Deeper Targeting Rent Restriction at Enter the amount the tenant pays toward rent (not including rent assistance payments such as Section 8). Enter the amount of rent assistance received from a federal program, if any. Enter the amount of non-federal rent assistance received, if any. Enter the amount of total rent assistance received, if any. If federal rent assistance is received, indicate the single program source. Enter the utility allowance. If the owner pays all utilities, enter zero. Enter the amount of non-optional charges, such as mandatory garage rent, storage lockers, charges for services provided by the development, etc. Enter the total of Tenant Paid Rent plus Utility Allowance and other non-optional charges. The total may NOT include amounts other than Tenant Paid Rent, Utility Allowances and other non-optional charges. In accordance with the definition of Gross Rent in IRC §42(g)(2)(B), it may not include any rent assistance amount. Enter the maximum allowable gross rent for the unit. This amount must be the maximum amount allowed by the Current Income Limit per Family Size – specifically, the max rent limit for the federal 50%, 60% or A.I.T. (20% - 80%) set aside. This does not include state deeper targeting levels. Enter the maximum allowable gross rent for the unit. This amount must be the maximum amount allowed by the Current Income Limit per Family Size – specifically, the max rent incorporating both federal and in some instances more restrictive state standards as reflected in the 50% or 60% set aside detailed in the Bond Regulatory Agreement. Indicate the appropriate rent restriction that the unit meets according to what is required by the federal set-aside(s) for the project. Indicate the appropriate rent restriction that the unit meets according to what is required by the federal and state law for the project. If your agency requires a rent restriction lower than the federal limit, enter the percent required. Part VII - Student Status If all household members are full time* students, check “yes”. Full-time status is determined by the school the student attends. If at least one household member is not a full-time student, check “no.” If “yes” is checked, the appropriate exemption must be listed in the box to the right. If none of the exemptions apply, the household is ineligible to rent the unit. EXHIBIT 5