BENTON COUNTY Effective: 3/28/16 To 4/13/17 (ARCHIVE)

2016 Median Income: $65,800



2016 HERA Limits

Maximum HOUSEHOLD INCOME for All Tax Credit and Bond Financed Properties
(REQUIRED to qualify residents.)
Set-Aside %1 Person2 People3 People4 People5 People6 People7 People8 People
80 %$39,840$45,520$51,200$56,880$61,440$66,000$70,560$75,120
60 %$29,880$34,140$38,400$42,660$46,080$49,500$52,920$56,340
50 %$24,900$28,450$32,000$35,550$38,400$41,250$44,100$46,950
45 %$22,410$25,605$28,800$31,995$34,560$37,125$39,690$42,255
40 %$19,920$22,760$25,600$28,440$30,720$33,000$35,280$37,560
35 %$17,430$19,915$22,400$24,885$26,880$28,875$30,870$32,865
30 %$14,940$17,070$19,200$21,330$23,040$24,750$26,460$28,170


Maximum RENTS for Projects Based on UNIT SIZE
Low-Income Housing Tax Credit Program
Set-Aside %Studio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5 Bedroom
60 %$747$800$960$1,109$1,237$1,365
50 %$622$666$800$924$1,031$1,138
45 %$560$600$720$831$928$1,024
40 %$498$533$640$739$825$910
35 %$435$466$560$647$721$796
30 %$373$400$480$554$618$682




2016 MTSP Limits

Maximum HOUSEHOLD INCOME for All Tax Credit and Bond Financed Properties
(REQUIRED to qualify residents.)
Set-Aside %1 Person2 People3 People4 People5 People6 People7 People8 People
80 %$37,440$42,800$48,160$53,440$57,760$62,000$66,320$70,560
60 %$28,080$32,100$36,120$40,080$43,320$46,500$49,740$52,920
50 %$23,400$26,750$30,100$33,400$36,100$38,750$41,450$44,100
45 %$21,060$24,075$27,090$30,060$32,490$34,875$37,305$39,690
40 %$18,720$21,400$24,080$26,720$28,880$31,000$33,160$35,280
35 %$16,380$18,725$21,070$23,380$25,270$27,125$29,015$30,870
30 %$14,040$16,050$18,060$20,040$21,660$23,250$24,870$26,460


Maximum RENTS for Projects Based on UNIT SIZE
Low-Income Housing Tax Credit Program
Set-Aside %Studio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5 Bedroom
60 %$702$752$903$1,042$1,162$1,283
50 %$585$626$752$868$968$1,069
45 %$526$564$677$781$871$962
40 %$468$501$602$695$775$855
35 %$409$438$526$608$678$748
30 %$351$376$451$521$581$641




2015 MTSP Limits

Maximum HOUSEHOLD INCOME for All Tax Credit and Bond Financed Properties
(REQUIRED to qualify residents.)
Set-Aside %1 Person2 People3 People4 People5 People6 People7 People8 People
80 %$39,440$45,040$50,640$56,240$60,800$65,280$69,760$74,240
60 %$29,580$33,780$37,980$42,180$45,600$48,960$52,320$55,680
50 %$24,650$28,150$31,650$35,150$38,000$40,800$43,600$46,400
45 %$22,185$25,335$28,485$31,635$34,200$36,720$39,240$41,760
40 %$19,720$22,520$25,320$28,120$30,400$32,640$34,880$37,120
35 %$17,255$19,705$22,155$24,605$26,600$28,560$30,520$32,480
30 %$14,790$16,890$18,990$21,090$22,800$24,480$26,160$27,840


Maximum RENTS for Projects Based on UNIT SIZE
Low-Income Housing Tax Credit Program
Set-Aside %Studio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5 Bedroom
60 %$739$792$949$1,097$1,224$1,350
50 %$616$660$791$914$1,020$1,125
45 %$554$594$712$822$918$1,012
40 %$493$528$633$731$816$900
35 %$431$462$553$640$714$787
30 %$369$396$474$548$612$675