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

2016 Median Income: $63,100



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 %$35,360$40,400$45,440$50,480$54,560$58,560$62,640$66,640
60 %$26,520$30,300$34,080$37,860$40,920$43,920$46,980$49,980
50 %$22,100$25,250$28,400$31,550$34,100$36,600$39,150$41,650
45 %$19,890$22,725$25,560$28,395$30,690$32,940$35,235$37,485
40 %$17,680$20,200$22,720$25,240$27,280$29,280$31,320$33,320
35 %$15,470$17,675$19,880$22,085$23,870$25,620$27,405$29,155
30 %$13,260$15,150$17,040$18,930$20,460$21,960$23,490$24,990


Maximum RENTS for Projects Based on UNIT SIZE
Low-Income Housing Tax Credit Program
Set-Aside %Studio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5 Bedroom
60 %$663$710$852$984$1,098$1,212
50 %$552$591$710$820$915$1,010
45 %$497$532$639$738$823$909
40 %$442$473$568$656$732$808
35 %$386$414$497$574$640$707
30 %$331$355$426$492$549$606




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 %$34,000$38,880$43,760$48,560$52,480$56,400$60,240$64,160
60 %$25,500$29,160$32,820$36,420$39,360$42,300$45,180$48,120
50 %$21,250$24,300$27,350$30,350$32,800$35,250$37,650$40,100
45 %$19,125$21,870$24,615$27,315$29,520$31,725$33,885$36,090
40 %$17,000$19,440$21,880$24,280$26,240$28,200$30,120$32,080
35 %$14,875$17,010$19,145$21,245$22,960$24,675$26,355$28,070
30 %$12,750$14,580$16,410$18,210$19,680$21,150$22,590$24,060


Maximum RENTS for Projects Based on UNIT SIZE
Low-Income Housing Tax Credit Program
Set-Aside %Studio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5 Bedroom
60 %$637$683$820$947$1,057$1,166
50 %$531$569$683$789$881$971
45 %$478$512$615$710$793$874
40 %$425$455$547$631$705$777
35 %$371$398$478$552$616$680
30 %$318$341$410$473$528$583