- (a) For the purpose of determining affordable housing cost or affordable rent, “net income” shall be computed as follows: the annual gross income less $300 for each minor and medical expenses which exceed 3 percent of the annual gross income and unusual expenses, all divided by 12.
Note: Authority cited: Sections 50053, 50093, Health and Safety Code. Reference: Sections 50053, 50093, Health and Safety Code.