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2011 Housing Planning Study - Rental Report
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2011 Housing Planning Study - Rental Report
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1 Fiscal Year 2011 Area Median Income (HUD, 2011). <br /> 2 Annual income of 30%of AMI or less is the federal standard for Extremely Low Income households. <br /> Does not include HUD-specific adjustments- <br /> 3 "Affordable" rents represent the generally accepted standard of spending not more than 30%of <br /> gross income on gross housing costs- <br /> 4 Fiscal Year 2011 Fair Market Rent(HUD, 2010). <br /> 5 American Community Survey 2005-2009 median renter household income, projected to 2010 using <br /> HUD's income adjustment factor and through 2011 based on AMIs. <br /> 6 Estimated by comparing the percent of renter median household income required to afford the two- <br /> bedroom FMR to the percent distribution of renter household income as a percent of the median within <br /> the state, as measured using 2009 American Community Survey Public Use Microdata Sample housing <br /> file- <br /> 7 Based on 2009 BLS data, adjusted using the ratio of renter to overall household income reported in <br /> ACS 2005-2009, and projected to April 1, 2011. <br /> 50th percentile FMR <br /> t Wage data not available <br /> Hawaii Housing Planning Study,2011: Rental Housing Page 25 <br /> 0 SMS, Inc. October,2011 <br />
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