January 01, 1977 Meeting Minutes

Home » 1977 » January » January 01, 1977 Meeting Minutes

ref: reel030364 date: 1977-01-01 content: Methodology for Obtaining Expected to Reside Figure (ETR)

  1. Lynchburg SMSA Lower Income Household Percentage: 21% Source: Housing Policies Plan for Central Virginia

  2. Households Currently Residing, Town of Appomattox: 454 Source: Detailed Housing Survey, Town of Appomattox, VPI & SU, 1977

  3. Total Required Number of Lower Income Households: 454 x 0.20 = 90.8 or 91

  4. Lower Income Households Currently Residing, Town of Appomattox: 241 Source: Detailed Housing Survey, 1977

  5. Gross Estimate of Lower Income Households ETR: 91 - 241 (1 - 210) = -192

  6. Estimate of Lower Income Households Who Reasonably May Be ETR: -192 / 3 = -64

  7. ETR=0 Section 570.306(b)(2) chunkid: 20518 recordid: 1538 page_number: 1