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Attachment 2 <br />Attachment A <br />Maximum Annual Financial Grant Payments <br />Year Maximum Annual <br />Financial Grant <br />1 $18,840 <br />2 $19,594 <br />3 $20,377 <br />4 $21,191 <br />5 $22,143 <br />6 $23,028 <br />7 $23,948 <br />8 $24,906 <br />9 $25,901 <br />10 $26,937 <br />11 $28,014 <br />12 $29,135 <br />13 $30,300 <br />14 $31,512 <br />15 $32,772 <br />Financial Grant Formula Example for 2007/2008: <br />1. 60% TCAC Rent as of May 1, 2007 = $942 <br />2. 40% TCAC Rcnt as of May 1, 2007 = $(28 <br />3. Difference - $314 <br />4. 'T'imes 12 - $3,768 <br />~. Mimes 5 Unils - $18,840 <br />Pa~~e d of 4 <br />