Piscataway City Zoning Code
§ 21-21.17
Tenant Income Eligibility.
[Ord. No. 2017-13]
a.
Tenant income eligibility shall be in accordance with N.J.A.C. 5:80-26.13, as may be amended and supplemented, and shall be determined as follows:
1.
Very low-income rental units shall be reserved for households with a gross household income less than or equal to 30% of median income.
2.
Low-income rental units shall be reserved for households with a gross household income less than or equal to 50% of median income.
3.
Moderate-income rental units shall be reserved for households with a gross household income less than 80% of median income.
b.
The Administrative Agent shall certify a household as eligible for a restricted rental unit when the household is a very low-income household, low-income household or a moderate-income household, as applicable to the unit, and the rent proposed for the unit does not exceed 35% (40% for age-restricted units) of the household's eligible monthly income as determined pursuant to N.J.A.C. 5:80-26.16, as may be amended and supplemented; provided, however, that this limit may be exceeded if one or more of the following circumstances exists:
1.
The household currently pays more than 35% (40% for households eligible for age-restricted units) of its gross household income for rent, and the proposed rent will reduce its housing costs;
2.
The household has consistently paid more than 35% (40% for households eligible for age-restricted units) of eligible monthly income for rent in the past and has proven its continuing ability to pay;
3.
The household is currently in substandard or overcrowded living conditions;
4.
The household documents the existence of assets with which the household proposes to supplement the rent payments; or
5.
The household documents proposed third-party assistance from an outside source such as a family member in a form acceptable to the Administrative Agent and the owner of the unit.
c.
The applicant shall file documentation sufficient to establish the existence of the circumstances in paragraphs a1 through b5 above with the Administrative Agent, who shall counsel the household on budgeting.