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<br /> � 4 ;�,�� <� sha�l receive 3ection 8 aa�ietamce and �h� Total Teaamt Pay��nt ' ' �`4--�,� w ,
<br /> --_,,.�.,< ��;_ � . q�aa12 be determined isn accb�c3aa=ce �tith th� F��Contract. In the ___�"_ _____ _
<br /> �:�l evegt Ctiat 3ect3�oa � as�ist.aace i� aot avai2ab3e, Ftittare Lov� ��� _ _-
<br /> ,� �s� .`� � .,: � . Ixicome 3'eaants �aha�.3 gay �th� les�ser of th� E�NIlt or the Miniatw�a . . << � _ �
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<br /> t - d. Moderate Ya�a� T�aasate. �`he Tota1 Tenaat Paymex►t ' . �' L = -�
<br /> ' � ' for future MoBerate Tacome Tenaate ahall be the lo�est of 30 � ==-=-
<br /> :;a:�>`� . - � � gerCeat Of Adjusted Incame, the FMR• Or Iif a�plicable �: ' --
<br /> �1 `���� •�• � `� . accordsaae with SUD 3r�tructions? tlze P�o�ect Speci�ic Rent =_- -
<br /> -"''' _ : `<'_ ' � (PSR) . Ia the ev�t the incoms of a Puture LK�derate Iacame � � .
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<br /> � <:;;;.�. . T�eaant decreases be3o� 80 psrceat o€ Mealfaa Iaaame aaa Se�tion 8 . _
<br />`�v �� ��°� � �� aseietance fe aot available, that teaant ehall pay the t�i.��+�+�E�+�+ � � ,__
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<br /> . " �•��: . a. A�ay iacrea�e in rents �or Curreat Teaants that �
<br /> . ' � � • � reeurts from iu[plementation of thie Agreement will be pl�ased �n
<br />, . . � ' � ` , in aacorclaaace with Parag;aph 5�a) oS thia Agreement. �
<br /> _ _ . ,,. . . .
<br /> . � � � � � � � b. Teaaate eha11 be reaextified annually. Ang� tenant � , _ - _
<br /> . ,�- � wSo refuses to ceztify or recertify income shall pay for rent the __
<br /> . �. > lesser of the I�NQt az tif apgliaable in accoa�ace with HOD f � ,
<br /> . � �. instructioi�) tlae Pro3ect 3p��ific Rent (PSR)_� � �: � - _
<br /> . ' ' �• � � c. Project sent adjuatmenta elaall be calcu].ated b�sed � F``���-
<br /> .+"��,� � on au ad ust�at factor eatabl�shed t� SUD and appliec� to the� �. -����
<br /> ..;�:�,.s: : � 3 � , `—•
<br /> . � � �, portioa of r�a� attributable t�m �project operating expensea. The ' � s�--
<br /> � � • . � Oaoner inay apply for• a rent a8justmen Qn an anaua2 baeie on the '�-�"�-„_-
<br /> � '� anaiversaxy date of appreval of a LISPRHA Plan of ActiQ�#. If the � � .�ti,_
<br /> � �,��i Owner believes that the rent ad�uatinent approved by S*rP� 3s �lot � _-'�'� �`�
<br /> _ . ' � � a d e q u a t e, t h e �O�v ner ma y a p peal HIID'a determinatioa within 3� �da s � °�"� �
<br /> Y �: �-' -�
<br /> � � � of receiving aotice of Htm's d:eciaioa. AUD may approve a rea�t . � �=---=
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<br />'_-• - � � increase in eacaesa oP that needed to cover project operating �--=-
<br /> -;�-��.,•:.., .. expea��a only i� AOD determines auch an increaee i.e aeceseary to � =;.�.��
<br />: � , 1. . . _ -
<br /> • � seflect extraordiaary aeceseas� expensea of awning and � �� :�_-- _
<br /> ��, .. mafntaining the Project (any �urh budget based rent 3acreas� 3�s �,� ���==�-
<br /> � � .. • for the ear a roved onl anc3 v�ill aot car forward into Y�" `
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