What is the tenant portion calculation based on the given median rent?

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To determine the tenant portion calculation based on a given median rent, it is essential to understand how tenant contributions to rent are typically structured within housing programs. The tenant portion is often calculated as a percentage of the household's income, adjusted according to the area’s median rent standards.

Taking the correct answer as a reference, the figure of $2,400 would likely represent a carefully calculated portion of the median rent based on the family's income level and certain affordability guidelines. This amount suggests that the calculations align with allowable percentages outlined in housing policies, ensuring that the tenant pays a fair share of the rent while still being able to meet their other living expenses.

In contrast, the other figures may not fit the criteria for the tenant portion due to being too high or too low, based on the formulas typically utilized in these calculations. For instance, if the provided median rent is substantially higher, the tenant portion might be capped or influenced by income thresholds set by local regulations. Hence, the detail in why $2,400 is selected implies it balances affordability and compliance with housing assistance guidelines, reflecting a calculated and fair tenant contribution.

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