(a) The Emergency Rental Assistance Developments (ERA)
must use the Section 8 income limits released by HUD, generally, on
an annual basis. The Section 8 limit tables include the 30% and 50%
by household size.
(b) The Land Use Restriction Agreement (LURA), for
Emergency Rental Assistance Developments restricts the amount of rent
the Development Owner is permitted to charge.
(1) If ERA is layered with Housing Tax Credit Properties,
TCAP, Exchange and SHTF, the LURA restricted rent limits will be calculated
in accordance with §10.1004(d) of this subchapter (relating to
Housing Tax Credit properties, TCAP, Exchange and SHTF).
(2) If ERA is layered with HOME, HOME-ARP, TCAP RF,
and NSP, the LURA restricted rent limits will be calculated in accordance
with §10.1005(b) of this subchapter (relating to HOME, HOME-ARP,
TCAP RF, and NSP).
(3) If ERA is layered with NHTF, the LURA restricted
rent limits will be calculated in accordance with §10.1006(b)
of this subchapter (relating to NHTF).
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