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PItA Name: Orange County 5-Year Plan for Fiscal Years: 2005 - 2010 Annual Plan for FY 2005 ~ "' <br />FIA Code: NC10-0 <br />^ Any time the family experiences an income increase <br />^ Any time a family experiences an income increase above a threshold amount or <br />percentage: (if selected, specify threshold) <br />^ Other (list below) <br />g. ^ Yes ^ No: Does the PHA plan to implement individual savings accounts for residents <br />(ISAs) as an alternative to the required 12 month disallowance of earned income and phasing in <br />of rent increases in the next year? <br />(2) Flat Rents <br />a. In setting the market-based flat rents, what sources of information did the PHA use to <br />establish comparability? (select all that apply.) <br />^ The section 8 rent reasonableness study of comparable housing <br />^ Survey of rents listed in local newspaper <br />^ Survey of similar unassisted units in the neighborhood <br />^ Other' (list/describe below) <br />B. Section 8 Tenant-Based Assistance <br />Exemptions: PHAs that do not administer Section 8 tenant-based assistance are not required to complete sub- <br />component 4B, Unless otherwise specified, all questions in this section apply only to the tenant-based section S <br />assistance program (vouchers, and until completely merged into the voucher program, certificates). <br />(1) Payment Standards <br />Describe the voucher payment standards and policies. <br />a. What is the FHA's payment standard? (select the category that best describes your standard) <br />^ At or above 90°/o but below100% of FMR <br />® 100% of FMR <br />^ Above 100% but at or below 110% of FMR <br />^ Above 110% of FMR (if HUD approved; describe circumstances below) <br />b. If the payment standard is lower than FMR, why has the PHA selected this standard? (select <br />all that apply) <br />^ FMRs ar'e adequate to ensure success among assisted families in the FHA's segment of <br />the FMR area <br />^ The PHA has chosen to serve additional families by lowering the payment standard <br />^ Reflects market or submarket <br />^ Other (list below) <br />c, If the payment standard is higher than FMR, why has the PHA chosen Chis level? (select all <br />that apply) <br />^ FMRs are not adequate to ensure success among assisted families in the FHA's segment <br />of the FMR area <br />^ Reflects market or submarket <br />Page 22 of 38 form Hl1D-50075-SF (04/30/2003) <br />