HOUSING TRUST FUND - GUIDELINES AND INFORMATION
Developers seeking financing for their projects from the City of Berkeley Housing Trust Fund (HTF) should become familiar with the City's Housing Trust Fund Guidelines. The guidelines regulate the use of capital awarded through the HTF.
In addition, the Guidelines regulate, among other things, the levels at which rents on assisted units are to be calculated, and the income levels at which tenant households are to be qualified for occupancy. The U.S. Department of Housing and Urban Development annually update household income guidelines.
Moreover, rents that are calculated using the Guidelines are considered to be gross rents (including the cost of utilities).
Finally, we have available summary 2010 Census data on Berkeley which may be useful for some proposals.
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