Res 003-94 1/18/1994RESOLUTION NO. 5 -q-`-1
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WICHITA FALLS, TEXAS, AUTHORIZING THE CITY
MANAGER TO EXECUTE A SUBGRANTEE AGREEMENT
WITH THE WICHITA FALLS DEVELOPMENT
CORPORATION TO OPERATE THE SMALL BUSINESS
DEVELOPMENT LOAN PROGRAM; FINDING AND
DETERMINING THAT THE MEETING AT WHICH THIS
ORDINANCE WAS PASSED WAS OPEN TO THE PUBLIC
AS REQUIRED BY LAW.
WHEREAS, the City of Wichita Falls has applied for and received approval for a
grant award pursuant to the Housing and Community Development Act of 1974, as
amended, and
WHEREAS, the City Council of Wichita Falls has determined that it be in the
public interest to provide economic development assistance for the employment of low
and moderate income people.
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WICHITA FALLS, TEXAS:
SECTION 1. That the City Council of Wichita Falls, Texas hereby approves the
City Manager to execute a subgrantee agreement with the Wichita Falls Development
Corporation to operate the Small Business Development Loan Program; and
SECTION 2. It is hereby officially found and determined that the meeting at which
this Ordinance was passed was open to the public as required by law.
PASSED AND APPROVED this the 18th da ; . , 1 ary, 1994 `
Ale:eri/
Will
MAYOR
ATTEST:
1 c `1t
CITY LERK
CONTRACT WITH THE WICHITA FALLS
DEVELOPMENT CORPORATION FOR ADMINISTRATION
OF A SMALL BUSINESS DEVELOPMENT LOAN PROGRAM
A.,022.10.1
This contract made and entered into this the day of d-antrary,
1994 by and between the City of Wichita Falls, Texas, hereinafter
referred to as "City" and the Wichita Falls Development Corporation
hereinafter referred to as "Contractor" .
Whereas, the City has applied for and received approval for a grant
award pursuant to the Housing and Community Development Act of 1974,
as Amended; and
Whereas, it has been determined by the Wichita Falls City Council to
be in the public interest to provide Economic Development Assistance
for the employment of low and moderate income people, and has
identified the need for such services in the Statement of Objectives
for the above referenced grant award.
WITNESSETH:
For and in consideration of the mutual convenants herein contained,
the parties do hereby agree as follows:
1. Scope of Services. The Contractor agrees to perform the
following in a satisfactory and proper manner as determined
by the City:
a. Provision of small business development loans for
eligible and qualified applicants.
b. Clients will be charged interest on the loan and a
generation fee which shall be partially utilized to
support administrative aspects, including the staff
assistance of the Small Business Development Center at
Midwestern State University. Other interest income and
loan principal repayment shall be utilized as a
revolving fund for economic development as eligible
under CDBG regulations.
c. Maintain client confidentiality as stipulated by HUD.
d. Maintain operational and fiscal records as specified by
HUD.
2. Term of Contract. The term of this agreement shall be for a
period beginning with the execution of this agreement and
subject to satisfactoryendingSeptember30, 1994,
subj
7 yP
performance by the Contractor as outlined herein.
3 . Compensation. The City agrees to pay to the Contractor a
maximum amount of One Hundred Thousand Dollars ($100, 000) ,
which shall constitute full compensation for the
Contractor's actual services and expenses incurred in the
performance of services described under this contract.
4 . Method of Payment. Payments will be made by the City to the
Contractor based upon the Contractor's approval of a loan
and subsequent request for payment. Payment shall be
processed upon receipt of such request and any required
supporting documentation.
5. Budget. In performing the services called for under the
provisions of this contract, the Contractor shall conform
his expenditures to the approved budget. Said budget and
any account, set out herein can be altered, amended or
modified as mutually agreeable between the two parties
hereto so that the full intent and purpose of this contract
can be carried out. Upon request of the Contractor, line
item changes may be made in the budget referred to herein
further City Council action if approved by the CitywithoutPPYY
Manager; provided, however, no such change may alter the
intent of purpose of this contract without further approval
by the City Council of the City. In no event shall the City
be required to pay more than One Hundred Thousand Dollars
100, 000) to the Contractor under the terms of this
contract.
6. Financial Reports. A budget report, to contain such
reasonable financial information and data as the City deems
necessary, shall be submitted to the City by the Contractor
at least annually.
7. Future Funding. The funding of this project in no way
commits the City to future funding of this program beyond
the current contract period. Any future funding is solely
the responsibility of the Contractor. The Contractor
understands and agrees that the assistance made available
under this agreement is contingent upon the actual receipt
of adequate federal funds to meet the City's liabilities
under this contract. It is expressly understood that this
agreement in no way obligates the General Fund or any other
monies or credit of the City of Wichita Falls.
8. Termination of the Contract. This agreement shall continue
in full force and effect until the expiration of the term
set forth above. If either party fails to fulfill their
obligations under this contract in a timely and proper
manner, the other party shall have the right to terminate
this contract for cause. Written notice stating the grounds
for termination will be given the other party, not less than
thirty (30) days prior to the effective date of such
termination. This contract shall at all times be subject to
any corrective actions taken, or directives issued by HUD in
relation to the City's CDBG Program. The Contractor shall
comply with any and all such communications received by the
City from HUD, including elimination of this contract, as if
such communication were made a part hereof.
If either party to the contract should desire to terminate
the contract prior to the date of expiration, they may do so
by giving written notice to the other party not less than
sixty (60) days prior to the intended termination date.
The Contractor shall be entitled to receive just and
equitable compensation from the City for any loan
obligations completed prior to the termination.
Notwithstanding the above, the Contractor shall not be
relieved of liability to the City for damages sustained by
the City by virtue of any breach of the Contractor. The
City may withhold any payments due the Contractor for the
purposes of setoff until such time as the exact amount of
damages due the City from the Contractor are determined.
9. Changes. This City may, from time to time, request changes
in the Scope of Services of the Contractor as may be
mutually agreed to be performed hereunder. Such changes,
including any increase or decrease in the amount of the
Contractor's compensation, which are mutually agreed upon by
and between the City and the Contractor, shall be
incorporated in written amendments to the contract.
10. Assignability. The Contractor shall not assign any interest
in this contract, and shall not transfer any interest in the
same (whether by assignment or novation) without the prior
written consent of the City; provided, however, that claims
for money due or to become due to the Contractor from the
City under this contract may be assigned to a bank, trust
company, or other financial institution without such
approval. Notice of any such assignment or transfer shall
be furnished promptly to the City.
11. Records.
a. Establishment and Maintenance of Records. The
contractor shall maintain, prepare and disseminate
records and reports as required by HUD. Except as
otherwise authorized by the City, the Contractor shall
retain such records for a period of five years after
receipt of the final payment under this contract or
termination of this contract.
b. Reports and Information. The Contractor shall submit
reports listing each person receiving assistance
through this contract indicating the person's name,
address, ethnic group, age, sex, monthly gross family
income, client contribution, census tract. The
Contractor at such time and in such forms as the City
may require, shall furnish to the City such statements,
records, reports, data, and information as the City may
request pertaining to matters covered by this contract.
All of the reports, information, data and other related
materials, prepared or assembled by the ContractorPPY
under this contract are confidential and shall not be
made available to anyone without the prior written
approval of the City. Information restricted by law or
Contractor policy and relating to personal, medical and
financial data will be treated as confidential and will
not be released by the City except as may be required
pursuant to Article 6252-17 V.A.C.S. and any amendments
thereto.
Audits and Inspections. The Contractor shall at anyAudiYP
time during normal business hours and as often as the
City may deem necessary, make available to the City for
examination all of its records and data with respect to
all matters covered by this contract and shall permit
the City or its designated authorized representative to
audit and inspect data relating to all matters covered
by this contract. The Contractor shall submit an audit
report which is in compliance with the provisions of
the Single Audit Act of 1984 and OMB Circular No 133.
The audit shall be prepared by an independent Certified
Public Accountant and shall include as supplemental
information statements of compliance and internal
control with respect to federal financial assistance
provide to the Contractor by the City. The audit
report shall be submitted no later than 180 days
following the end of the Contractor's fiscal year. If
the Contractor receives less than $25, 000 in federal
funds in a given fiscal year, the Contractor is not
required to submit an audit; however, the Contractor
shall submit year-end financial reports and
asset/liability reports.
d. Accounting. The Contractor shall establish and
maintain on a current basis an adequate accounting
system on an accrual or other accounting basis in
accordance with generally accepted accounting
principles and standards.
12. Limitation on Compensation for Personal Services.
Compensation for personal services includes, but is not
limited to, wages, salaries, and supplementary compensation
and benefits. Compensation for employees of the Contractor
shall not exceed that paid for similar work paid by the
City. In cases where the kinds of personal services
provided have no counter part in local governmental
agencies, compensation shall not exceed that paid for
similar work in the labor market in which the Contractor
competes for the kinds of personal services involved or the
compensation level established by the Contractor's primary
funding source.
13 . Compliance with Local Laws. The Contractor shall comply
with applicable laws, ordinances, and codes of the State and
local governments and the Contractor shall save and hold
harmless the City with respect to damages arising from any
tort committed in performing any of the work embraced by
this contract.
14. Compliance with Federal Laws. It is expressly understood by
the Contractor that this assistance is made available as
part of the City's Community Development Block Grant
Program, and as such, the activities undertaken must comply
with all of the rules and regulations established by said
program, including those assurances and conditions which are
incorporated as Part II of this contract and hereby adopted
for all purposes. Contractor agrees that the services
provided by the Contractor under this agreement shall be
devoted primarily to assist low and moderate income
households.
15. Political Activity Prohibited. None of the funds,
materials, property or services provided directly or
indirectly under this contract shall be used in the
performance of this contract for any partisan political
activity.
16. Lobbying prohibited. None of the funds provided under this
contract shall be used for publicity or propaganda purposes
designed to support or defeat legislation pending before any
governmental entity.
17. Eaual Employment Opportunity. During the performance of
this contract, the Contractor agrees as follow:
a. The Contractor will not discriminate against any
employee or applicant for employment because of race,
color, religion, sex, or national origin. The
Contractor will take affirmative action to insure that
applicants are employed, and that employees are treated
durin g employment gtoentwithoutregard to their race, color,P
religion, sex, or national origin. Such action shall
include, but not be limited to, the following:
Employment, upgrading, demotion or transfer,
recruitment or recruitment advertising; layoff or
termination; rates of pay or other terms of
compensation; and selection for training, including
apprenticeship. The Contractor agrees to post in
conspicuous places available to all employees and
applicants for employment, notices setting forth the
provisions of this nondiscrimination clause.
b. The Contractor will, in all solicitations or
advertisements for employees placed by or on behalf of
the Contractor, state that all qualified applications
will receive consideration for employment without
regard to race, color, religion, sex, or national
origin.
c. The Contractor shall keep such records and submit such
reports concerning the racial and ethnic origin of its
employees as the City may require.
18. Renegotiation. This contract may be renegotiated at the
request of either party in the event alternate sources of
funding become available during the term of the contractual
agreement. The Contractor must notify the City of all
occurrences where alternate funding becomes available.
t
This agreement, with the attachments adopted herein by reference,
constitutes and expresses the entire agreement between the parties
hereto and shall not be amended or modified except by written
instrument signed by both parties.
This agreement made and entered into the 1- day of January 1994.
C Y OF W CHITA F TEXAS
B. 4' i i,
a • s Ber na, ity . -pager
I
ATTEST:
Ci y Clerk
APPROVED AS TO FORM:
City Forney
WICHITA DEVELOPMENT CORPORATION
BY: Adriglirm..
il /
WFDC CONTR 1/7/94
PART II - ASSURANCES AND CONDITIONS
COMMUNITY DEVELOPMENT BLOCK GRANT
The recipient of Community Development Block Grant assistance hereby
certifies it possesses legal authority to execute this contractual
agreement and its governing body has duly adopted or passed as an
official act authorizing the person to identified as the official
representative of the recipient to execute and carry out the
activities in this agreement.
This agreement is subject to the provisions of 24 CFR 570. 600 Subpart
K of the Community Development Block Grant regulations as set forth as
follows:
UNIFORM ADMINISTRATIVE REQUIREMENTS AND COST PRINCIPLES
The recipient, its agencies or instrumentalities, and subrecipients
shall comply with the policies, guidelines, and requirements of OMB
Circular Nos. A-102, A-128, A-110, A-87, and A-122, as applicable, as
they relate to the acceptance and use of Federal funds under this
part.
Pub.L. 88-352 AND PUB.L. 90-284; EXECUTIVE ORDER 11063
Assistance under this agreement will be conducted and administered in
conformity with Pub.L.88-352 and Pub.L. 90-284.
a. "Pub.L. 88-352" refers to Title VI of the Civil Rights Act of
1964 (42 U.S.C. 2000d et seq. ) , which provides that no person in the
United States shall on the ground of race, color, or national origin,
be excluded from participation in, be denied the benefits of, or be
subjected to discrimination under any program or activity receiving
Federal financial assistance. Section 602 of the Civil Rights Act of
1964 directs each Federal department and agency empowered to extend
Federal financial assistance to any program or activity by way of
grant to effectuate the foregoing prohibition by issuing rules,
regulations, or orders of general applicability which shall be
consistent with achievement of the statue authorizing the financial
assistance. HUD regulations implementing the requirements of Title VI
with respect to HUD programs are contained in 24 CFR Part 1.
b. "Pub.L. 90-284" refers to Title VIII of the Civil Rights Act
of 1968 (42 U.S.0 3601 et seq. ) popularly known as the Fair Housing
Act, which provides that it is the policy of the United States to
provide, within constitutional limitations, for fair housing
throughout the United States and prohibits any person from
discriminating in the sale or rental of housing, the financing of
housing, or the provision of brokerage services, including in any way
making unavailable or denying a dwelling to any person, because of
race, color, religion, sex, or national origin. Title VIII further
requires the Secretary to administer the programs and activities
relating to housing and urban development in a manner affirmatively to
further the purposes of Title VIII. Pursuant to this statutory
direction, the Secretary requires that grantees administer all
programs and activities related to housing and community development
in a manner to affirmatively further fair housing.
c. Executive Order 11063 , as amended by Executive Order 12259,
directs the Department to take all action necessary and appropriate to
prevent discrimination because of race, color, religion (creed) , sex,
or national origin, in the sale, leasing, rental, or other disposition
of residential property and related facilities including land to be
developed for residential use) , or in the use of occupancy thereof, of
such property and related facilities are, among other things, provided
in whole or in part with the aid of loans, advances, grants, or
contributions agreed to be made by the Federal Government. HUD
regulations implementing Executive Order 11063 are contained in 24 CFR
Part 107.
SECTION 109 OF THE ACT (Housing and Community Development Act of 1974
the Act) Pub.L. 96-399)
a. Section 109 of the Act requires that no person in the United
States shall on the ground of race, color, national origin, or sex, be
excluded from participation in, be denied the benefits of, or be
subjected to discrimination under, any program or activity funded in
whole or in part with community development funds made available
pursuant to the Act. For purposes of this section "program or
activity" is defined as any function conducted by an identifiable
administrative unit of the recipient, or by any unit of government,
subrecipient, or private contractor receiving community development
funds or loans from the recipient. "Funded in whole or in part with
community development funds" means that community development funds in
any amount in the form of grants or proceeds from HUD guaranteed loans
have been transferred by the recipient or a subrecipient to an
identifiable administrative unit and disbursed in a program or
activity.
ATTACHMENT A
PAGE 2
b. Specific discriminatory actions prohibited and corrective actions.
1. A recipient may not, under any program or activity to which
the regulations of this Part may apply directly or through contractual
or other arrangements, on the ground of race, color, national origin,
or sex:
i. Deny any facilities, services, financial aid or other
benefits provided under the program or activity.
ii. Provide any facilities, services, financial aid or other
benefits which are different, or are provided in a different form from
that provided to others under the program or activity.
iii. Subject to segregated or separate treatment in any facility
in, or in any matter of process related to receipt of any service or
benefit under the program or activity.
iv. Restrict in any way access to, or in the enjoyment of any
advantage or privilege enjoyed by others in connection with
facilities, services, financial aid or other benefits under the
program or activity.
v. Treat an individual differently from others in determining
whether the individual satisfies any admission, enrollment,
eligibility, membership, or other requirement or condition which the
individual must meet in order to be provided any facilities, services
or other benefit provided under the program or activity.
vi. Deny an opportunity to participate in a program or activity
as an employee.
2 . A recipient may not utilize criteria or methods of administration
which have the effect of subjecting individuals to discrimination on
the basis of race, color, national origin, or sex, or have the effect
of defeating or substantially impairing accomplishment of the
objectives of the program or activity with respect to individuals of a
particular race, color, national origin, or sex.
3 . A recipient, in determining the site or location of housing or
facilities provided in whole or in part with funds under this part,
may not make selections of such site or location which have the effect
of excluding individuals from denying them the benefits of, or
subjecting them to discrimination on the ground of race, color,
national origin, or sex; or which have the purpose or effect of
defeating or substantially impairing the accomplishment of the
objectives of the Act and of the section.
4 . i. In administering a program or activity funded in whole or in
part with CDBG funds regarding which the recipient has previously
ATTACHMENT A
PAGE 3
discriminated against persons on the ground of race, color, national
origin, or sex, the recipient must take affirmative action to overcome
the effects of prior discrimination.
ii. Even in the absence of such prior discrimination, a
recipient in administering a program or activity funded in whole or in
part with CDBG funds should take affirmative action to overcome the
effects of conditions which would otherwise result in limiting
participation by persons of a particular race, color, national origin
or, sex. Where previous discriminatory practice or usage tends, on
the ground of race, color, national origin, or sex, to exclude
individuals from participation in, to deny them the benefits of, or to
subject them to discrimination under any program or activity to which
this part applies, the recipient has an obligation to take reasonable
action to remove or overcome the consequences of the prior
discriminatory practice or usage, and to accomplish the purpose of the
Act.
iii. A recipient shall not be prohibited by this part from taking
any action eligible under Subpart C to ameliorate an imbalance in
services or facilities provided to any geographic area or specific
group of persons within its jurisdiction, where the purpose of such
action is to overcome prior discriminatory practice or usage.
5. Notwithstanding anything to the contrary in the section, nothing
contained herein shall be construed to prohibit any recipient from
maintaining or constructing separate living facilities or rest room
facilities for different sexes. Furthermore, selectivity on the basis
of sex is not prohibited when institutional or custodial services can
properly be performed only by a member of the same sex as the
recipients of the services.
AGE DISCRIMINATION ACT OF 1975 AND REHABILITATION ACT OF 1983
Section 109 of the Act further provides that any prohibition against
discrimination on the basis of age under the Age Discrimination Act of
1975 (42 U.C.C. 6101 et seq. ) or with respect to an otherwise
qualified handicapped individual as provided in Section 504 of the
Rehabilitation Act of 1973 (29 U.S.C. 794) shall also apply to any
program or activity funded in whole or in part with funds made
available pursuant to the Act.
ATTACHMENT A
PAGE 4
LABOR STANDARDS; SECTION 110 OF THE ACT (PUB.L.93-399)
Section 110 of the Act requires that all laborers and mechanics
employed by contractors or subcontractors on construction work
financed in whole or in part with assistance received under the Act
shall be paid wages at rates not less than those prevailing on similar
construction in the locality as determined by the Secretary of Labor
in accordance with the Davis-Bacon Act, as amended (40 U.S.C. 276a--
276a-5) . By reason of the foregoing requirement, the Contract Work
Hours and Safety Standards Act (40 U.S.C. 327 et seg. ) also applies.
However, these requirements apply to the rehabilitation of residential
property only if such property is designated for residential use of
eight or more families. With respect to the labor standards specified
in the section, the Secretary of Labor has the authority and functions
set forth in Reorganization Plan Number 14 of 1950 (5 U.S.C. 1332-15)
and section 2 of the Act of June 13 , 1934 , as amended (40 U.S.C.
276c) .
EMPLOYMENT AND CONTRACTING OPPORTUNITIES: EXECUTIVE ORDER 11246 AND
SECTION 3 OF THE HOUSING AND URBAN DEVELOPMENT ACT OF 1968
A. Recipients shall comply with Executive Order 11246 and the
regulations issued pursuant thereto (41 CFR Chapter 60) which provides
that no person shall be discriminated against on the basis of race,
color, religion, sex, or national origin in all phases of employment
during the performance of Federal or federally assisted construction
contracts. As specified in Executive Order 11246 and the implementing
regulations, contractors and subcontractors on Federal or federally
assisted construction contracts shall take affirmative action to
insure fair treatment in employment, upgrading, demotion or transfer,
recruitment or recruitment advertising, layoff or termination, rates
of pay, or forms of compensation and selection for training and
apprenticeship.
B. Section 3 of the Housing and Urban Development Act of 1968 (12
U.S.C. 1701u) requires, in connection with the planning and carrying
out of any project assisted under the Act, that to the greatest extent
feasible opportunities for training and employment be given to lower
income persons residing within the unit of local government or the
metropolitan area (or non-metropolitan county) in which the project is
located, and that contracts for work in connection with the project be
awarded to eligible business concerns which are located in, or owned
in substantial part by persons residing in the same metropolitan area
or non-metropolitan county) as the project.
LEAD-BASED PAINT
Section 401(b) of the Lead Based Paint Poisoning Prevention Act (42
U.S.C. 4831(b) directs the Secretary to prohibit the use of lead based
paint in residential structures constructed or rehabilitated with
Federal assistance in any form. Such prohibitions are contained in 24
ATTACHMENT A
PAGE 5
CFR Part 35, Subpart B, and are applicable to residential structures
constructed or rehabilitated with assistance provided under this part.
CONFLICT OF INTEREST
A. Applicability
1. No member or delegate of the Congress of the United States
and no resident commissioner shall be admitted to any share or part of
this contract or to any benefit to arise herefrom.
2. In the procurement of supplies, equipment, construction, and
services by recipients, and by subrecipients the conflict of interest
provisions in Attachment 0 of OMB Circulars A-102, and A-110,
respectively, shall apply.
3 . In all cases not governed by Attachment 0 of the OMB
Circulars, the provisions of this section shall apply. Such cases
include the acquisition and disposition of real property and the
provision of assistance by the recipient, by its entities under
eligible activities which authorize such assistance (e.g. ,
rehabilitation, preservation, and other improvements of private
properties of facilities pursuant to section 570.202, or grants, loans
and other assistance to businesses, individuals and other private
entities pursuant to sections 570.203, 570.204 or 570.455) .
B. Conflicts prohibited. Except for approved eligible
administrative or personnel costs the general rule is that no persons
described in paragraph (c) below who exercises or have exercised any
functions or responsibilities with respect to CDBG activities assisted
under this Part or who in a position to participate in a decision
making process or gain inside information with regard to such
activities, may obtain a personal or financial interest or benefit
from the activity, or have an interest in any contract, subcontract or
agreement with respect thereto, or the proceeds thereunder, either for
themselves or those with whom they have family or business ties,
during their tenure or for one year thereafter.
C. Persons covered. The conflict of interest provisions of
paragraph (b) of this section apply to any person who is an employee,
agent, consultant, officer, or elected official, or appointment
official of the recipient, or of any designated public agencies, or
subrecipients under section 570.204, which are receiving funds under
this part.
RELIGIOUSLY-ORIENTED ORGANIZATIONS
In addition to, and not in substitution, for other provisions of this
Part regarding the provision of public services with Community
Development Block Grant funds, pursuant to Title I of the Housing and
Community Development Act of 1974, as amended.
ATTACHMENT A
PAGE 6
A. The Recipient represents that it is, or may be deemed to be, a
religious or denominational institution or organization or an
organization operated for religious purposes which is supervised or
controlled by or in connection with a religious or denominational
institutional or organization.
B. The Recipient will agree that in connection with such public
services:
1. It will no discriminate against any employee of applicant
for employment on the basis of religion and will not limit employment
or give preference in employment to persons on the basis of religion.
2 . It will not discriminate against any person applying for any
such public services on the basis of religion and will not limit such
services or give preference to persons on the basis of religion.
3 . It will provide no religious instruction or counseling,
conduct no religious worship or services, engage in no religious
proselytizing, and exert no other religious influence in the provision
of such public services.
4. The portion of a facility used to provide public services
assisted in whole or in part under this Agreement shall contain no
sectarian or religious symbols or decorations.
5. The funds received under this Agreement shall not be used to
construct, rehabilitate, or restore any facility which is owned by the
Recipient and in which the public services are to be provided.
Provided that, minor repairs may be made if such repairs (1) are
directly related to the public services, (2) are located in a
structure used exclusively for non-religious purposes, and (3)
constitute in dollar terms only a minor portion of the CDBG
expenditure for the public service.
ATTACHMENT A
PAGE 7
A
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT LOW/MODERATE INCOME LEVELS
Income levels are defined by gross annual earnings for every number of
a household, including income from wages, tips, retirement benefits,
Social Security, worker compensation, SSI, AFDC, child support,
stocks, bonds, and royalties. Food Stamps and Assisted Housing
Payments are NOT counted as income. Income levels are ceilings and
adjusted to the household size.
INCOME LEVELS
for Wichita Falls, TX effective May 5, 1993
Annual Median Family Income
Family Size Low Income Moderate Income
50% of Median)80% of Median)
1 I 11, 600 I 18, 600
2 I 13, 300 I 21, 250
3 15,000 I 23,900
4 I 16, 500 I 26, 650
5 I 17,950 I 28,700
6 I 19,250 I 30,800
7 I 20, 600 I 32,950
8 I 21,900 35, 050
ATTACHMENT A
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