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MERCY HOUSE LIVING CENTERS (HOPWA 2012)
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MERCY HOUSE LIVING CENTERS (HOPWA 2012)
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Last modified
10/21/2024 4:22:07 PM
Creation date
2/27/2013 4:00:37 PM
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Contracts
Company Name
MERCY HOUSE LIVING CENTERS
Contract #
A-2012-232
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
11/19/2012
Destruction Year
0
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Mercy House <br />Rental Income Assumptions <br />RENTAL INCOME ANALYSIS: <br />Years 1-20 <br />unit <br />NW*W <br />GMW Mort* utility Nst Monthly Nat Annual <br />AIM Size <br />of tHdts <br />ReW Allowance" Rail hart <br />%of Median <br />Bedroom/ <br />50% Shared bath <br />4 <br />255 0 $ 1,020 $ 12,240 <br />MGR Unit <br />Bedroom/ <br />50 % Private bath <br />1 <br />500 0 $ 500 $ 6,000 <br />TOTAL PROJECT 5 $ 1,520 $ 18,240 <br />`SHP requires rent be 30 % Adjusted Gross Income (AGI )- based on average disability payment minus allowances. Resident mana <br />" Assumes that utilities will be paid by Mercy House. Allowance will be provided if utilities are charged. <br />
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