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490.1

Page 490.1

Sec. 25-17. Qualifications for grant.

Grants pursuant to this article shall be made to persons
complying with the following provisions:

(a) The applicant has paid rent for his dwelling within the city
during the grant year and was a resident of the city on December
31 of the grant year.

(b) The applicant, or his or her spouse if they reside together, is
sixty-five years of age or older as of December 31 of the grant
year.

(c) The dwelling for which the rental relief grant is sought was
occupied as of December 31 of the grant year as the sole dwelling
place of the applicant.

(d) The gross combined income during the grant year from all
sources of such applicant and of all relatives of the applicant
living in such dwelling does not exceed the sum of seven thousand
five hundred dollars; provided, that the first two thousand
five hundred dollars of income of each relative other than spouse
of such applicant who is living in such dwelling shall be excluded
from such total. If the applicant has been a resident of the city for
less than the full grant year, the gross combined income for such
year and the maximum allowable income shall be prorated for the
period of actual residency.

(e) The net combined financial worth of such applicant and
relatives of such applicant living in such dwelling as of December
31 of the grant year does not exceed twenty thousand dollars. Net
combined financial worth shall include all assets, including
equitable interests. (3-19-73; 8-20-73, § 1.)

This article shall be in effect for the grant year 1974
and subsequent grant years.