MAXIMUM RENTS ALLOWED UNDER FEDERAL, STATE AND CITY/AGENCY HOUSING PROGRAMS
OAKLAND, CALIFORNIA
as of June 2002
PROGRAM		RENT LIMITATIONS		SRO1	0 Bdrm.2	1 Bdrm.	2 Bdrm.	3 Bdrm.	4 Bdrm.	5 Bdrm.
TAX CREDIT PROGRAM
		30% of 50% of area median income		$489	$652	$698	$838	$968	$1,080	$1,191
		30% of 60% of area median income		$587	$782	$838	$1,006	$1,162	$1,296	$1,429
CITY OF OAKLAND/OAKLAND REDEVELOPMENT AGENCY PROGRAMS
Units reserved for:
Very low income		30% of 35% of area median income		$342	$456	$489	$587	$678	$756	$834
Low income		30% of 60%of area median income		$587	$782	$838	$1,006	$1,162	$1,296	$1,429
Other low income		30% of 80% of area median income		$761	$1,015	$1,088	$1,305	$1,508	$1,683	$1,856
HOME PROGRAM
HOME "low" rents		30% of 50% of area median income		$489	$652	$698	$838	$968	$1,080	$1,191
HOME "high" rents3		30% of 65% of area median income		$614	$819	$888	$1,068	$1,224	$1,346	$1,467
SECTION 8 PROGRAM
		Fair Market Rent		$614	$819	$991	$1,243	$1,704	$2,035	N/A
NOTES:	(1) SRO units are single room units without both a kitchen and a bathroom.
	(2) O Bedroom units have both kitchen and bathroom (efficiency and studio units)
	(3) HOME "high" rents are the lower of either rents for 65% of area median income or Fair Market Rents.
	Rents must be reduced by an allowance for tenant-paid utilities.
	Sponsors may use the utility allowances under the federal Section 8 Program as published by the Oakland Housing Authority, or
	sponsors may present documentation substantiating other figures.
	See attached chart of the Oakland Housing Authority Section 8 Utility Allowances.