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Income Limits

Income Limits

HOUSING TAX CREDIT PROGRAM

THE LIFESTYLE YOU DESERVE AT A PRICE YOU CAN AFFORD

This affordable housing program is for individuals and families with moderate incomes allowing below market rents for those who qualify. The program is not a subsidized housing program as each resident is responsible for their full amount of rent each month. Rental amounts are based on the pre-set income limits in the geographic area and not based on your individual household income. To be income eligible, your total household 'gross' income must be less than the pre-set income limit for the area.


Current Income Limits (50% AMI)


1 Person - $40,000
2 People - $45,700
3 People - $51,400
4 People - $57,100
5 People - $61,700
6 People - $66,250
7 People - $70,850

Current Income Limits (60% AMI)


1 Person - $49,380
2 People - $56,400
3 People - $63,480
4 People - $70,500
5 People - $76,140
6 People - $81,780
7 People - $87,420