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AFFORDABLE RENTAL COST CALCULATIONS <br />A. Renter - Occupied, Family of Five <br />Median Household Income (M): <br />Very Low Income (VL): .5 (39, <br />Low Income (L): .774 (39,700) <br />Moderate Income: .8 (39,700) _ <br />(4 Bedroom) <br />$39,700 <br />700) _ $19,850 <br />_ $30,728 <br />$31,760 to 1.2 (39,700) _ $47,640 <br />(VL) - Maximum affordable gross monthly rent: <br />(19,850 t 12) x .25 = 1,654 x .25 = $414 /month <br />(L) - Maximum affordable gross monthly rent: <br />(30,728 r 12) x .25 = (2,561 x .25) _ $640 /month <br />(M) - Maximum affordable gross monthly rent: <br />(39,700 - 12) x .27 = (3,308 x .27) _ $893 1month <br />B. Renter Occupied, Family of Four (3 Bedroom) <br />Median Household Income (M): $36,800 <br />Very Low (VL): $18,400 <br />Low (L): $27,500 <br />Moderate): $29,400 - $44,160 <br />(VL) - Maximum affordable gross monthly rent: <br />(18,400 - 12) x .25 = $383 1month <br />(L) - Maximum affordable gross monthly rent: <br />(27,500 - 12) x .25 = $573 1month <br />(M) - Maximum affordable gross monthly rent: <br />(36,800 c 12) .27 = $828 1month <br />1 Calculation methodology from Section 602.506 of Chapter 602 of the <br />California Department of Transportation Right -of -Way Procedure <br />Handbook. <br />2 For Anaheim - Santa Ana - Garden Grove PMSA, June 1986, as reported <br />by the Santa Ana Housing Services Agency. <br />75C -804 <br />