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Answer:
When calculating the base monthly rent for a low income tenant, the 30% of income rule is applied when:
2. The tenant's monthly income is less than the HUD Annual Survey of Income Limits.
§ 24.402 (b)(2)(ii); Page 629
Notes:
To provide feedback, suggestions or comments for this page, contact Arnold Feldman arnold.feldman@fhwa.dot.gov
