(A) Affordable.(1) (a) (b) (c) (d) (2)
For the purpose of this Chapter, the term “affordable” shall have the following meanings:
A for-sale housing unit shall be affordable if the sales price does not exceed two hundred fifty percent (250%) of the area median income for San Benito County, adjusted for family size/bedroom size, as published by HUD. The family size/bedroom size adjustment shall be as follows:
One (1) bedroom units shall be based on the median income for a family of two (2);
Two (2) bedroom units shall be based on the median income for a family of three (3);
Three (3) bedroom units shall be based on the median income for a family of four (4);
Four (4) bedroom units shall be based on the median income for a family of five (5).
Rental housing unit shall be affordable if the total housing cost, including rent and utilities, paid by a household does not exceed thirty percent (30%) of the monthly gross income of a household, as defined in subsection (C) of this Section, adjusted for household size. A household size used to calculate the maximum affordable rent shall be those indicated in subsection(A)(1) of this Section.
(B) “Area median income”
means the median household income of San Benito County or equivalent geographic area as annually estimated by HUD pursuant to Section 8 of the United States Housing Act of 1937. In the event such HUD determinations of area median income are discontinued, the area median income shall be that median household income as established and published by the State of California Department of Housing and Community Development pursuant to Health and Safety Code Section 50093.
(C) “Household”
means a person or persons living together in the same residence, with an aggregate income not exceeding the limits to be designated as a very low-, low-, or moderate-income household under this Chapter.
(E) “Low-income household”
means a person or persons living together as a household unit whose combined incomes do not exceed eighty percent (80%) of the median income for San Benito County for an equivalent size household.
(F) “Reserved unit”
means a residential dwelling unit deed restricted for occupancy by a very low- or low-income household pursuant to the requirement of this Chapter.
(G) “Residential project”
means any new construction of dwelling units or condominium conversion.
(H) “Very low-income household”
means a person or persons living together as a household unit whose combined income does not exceed fifty percent (50%) of the median income for San Benito County for an equivalent sized household.