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The rental rehabilitation program is available to those properties in which at least 51 percent of the <br /> units are occupied by low and very low income households, or in which 51 percent of the units will be <br /> rent-restricted through a rental agreement to qualified low income households after rehabilitation.This <br /> program provides below market interest rate loans to property owners to complete the rehabilitation. <br /> Tenants' incomes are verified to determine whether at least half of the units are occupied by lower <br /> income households.The property's operating budget is also examined to determine the property's long- <br /> term financial feasibility. <br /> Annual Action Plan 24 <br /> 2014(DRAFT) <br /> OMB Control No:2506-0117(exp.07/31/2015) <br />