The Below Market Occupant Housing Charge Contribution will not exceed a set percentage1, as determined from time to time by the City, of the Income of the Occupant, including any person residing in a Residential Unit who is not named in the Occupancy Agreement and the following will apply:
"Income" is defined in Schedule A, Clause A;
a minimum Below Market Occupant Housing Charge Contribution for the applicable family size will be set at:
the amount of the current maximum Provincial monthly shelter allowance calculated in accordance with Schedule A of the Employment and Assistance Regulation passed pursuant to the Employment and Assistance Act, as amended or replaced from time to time;
minus an allowance for utility costs, the amount of which allowance will be determined by the Co-op from time to time; and
the Below Market Occupant Housing Charge Contribution of an Occupant in receipt of Income Assistance will be fixed at an amount as set out in part D below or as may be determined from time to time by the City.
The Housing Charge payable by a Market Occupant will be based on the rental rates charged to market tenants for similar rental units in other similar developments. Applicable Income criteria are contained within the definition of "Household".