ISLAND COUNTY Effective: 4/14/17 (CURRENT)

2017 Median Income: $77,300



2017 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 %$53,040$60,640$68,240$75,760$81,840$87,920$94,000$100,080
60 %$39,780$45,480$51,180$56,820$61,380$65,940$70,500$75,060
50 %$33,150$37,900$42,650$47,350$51,150$54,950$58,750$62,550
45 %$29,835$34,110$38,385$42,615$46,035$49,455$52,875$56,295
40 %$26,520$30,320$34,120$37,880$40,920$43,960$47,000$50,040
35 %$23,205$26,530$29,855$33,145$35,805$38,465$41,125$43,785
30 %$19,890$22,740$25,590$28,410$30,690$32,970$35,250$37,530


Maximum RENTS for Projects Based on UNIT SIZE
Low-Income Housing Tax Credit Program
Set-Aside %Studio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5 Bedroom
60 %$994$1,065$1,279$1,477$1,648$1,819
50 %$828$888$1,066$1,231$1,373$1,516
45 %$745$799$959$1,108$1,236$1,364
40 %$663$710$853$985$1,099$1,213
35 %$580$621$746$861$961$1,061
30 %$497$532$639$738$824$909




2017 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 %$42,240$48,320$54,320$60,320$65,200$70,000$74,800$79,680
60 %$31,680$36,240$40,740$45,240$48,900$52,500$56,100$59,760
50 %$26,400$30,200$33,950$37,700$40,750$43,750$46,750$49,800
45 %$23,760$27,180$30,555$33,930$36,675$39,375$42,075$44,820
40 %$21,120$24,160$27,160$30,160$32,600$35,000$37,400$39,840
35 %$18,480$21,140$23,765$26,390$28,525$30,625$32,725$34,860
30 %$15,840$18,120$20,370$22,620$24,450$26,250$28,050$29,880


Maximum RENTS for Projects Based on UNIT SIZE
Low-Income Housing Tax Credit Program
Set-Aside %Studio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5 Bedroom
60 %$792$849$1,018$1,176$1,312$1,448
50 %$660$707$848$980$1,093$1,206
45 %$594$636$763$882$984$1,086
40 %$528$566$679$784$875$965
35 %$462$495$594$686$765$844
30 %$396$424$509$588$656$724




2009 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 %$43,600$49,840$56,080$62,320$67,280$72,320$77,280$82,240
60 %$32,700$37,380$42,060$46,740$50,460$54,240$57,960$61,680
50 %$27,250$31,150$35,050$38,950$42,050$45,200$48,300$51,400
45 %$24,525$28,035$31,545$35,055$37,845$40,680$43,470$46,260
40 %$21,800$24,920$28,040$31,160$33,640$36,160$38,640$41,120
35 %$19,075$21,805$24,535$27,265$29,435$31,640$33,810$35,980
30 %$16,350$18,690$21,030$23,370$25,230$27,120$28,980$30,840


Maximum RENTS for Projects Based on UNIT SIZE
Low-Income Housing Tax Credit Program
Set-Aside %Studio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5 Bedroom
60 %$817$876$1,051$1,215$1,356$1,495
50 %$681$730$876$1,012$1,130$1,246
45 %$613$657$788$911$1,017$1,121
40 %$545$584$701$810$904$997
35 %$476$511$613$708$791$872
30 %$408$438$525$607$678$747