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

2016 Median Income: $67,900



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 %$39,040$44,640$50,240$55,760$60,240$64,720$69,200$73,680
60 %$29,280$33,480$37,680$41,820$45,180$48,540$51,900$55,260
50 %$24,400$27,900$31,400$34,850$37,650$40,450$43,250$46,050
45 %$21,960$25,110$28,260$31,365$33,885$36,405$38,925$41,445
40 %$19,520$22,320$25,120$27,880$30,120$32,360$34,600$36,840
35 %$17,080$19,530$21,980$24,395$26,355$28,315$30,275$32,235
30 %$14,640$16,740$18,840$20,910$22,590$24,270$25,950$27,630


Maximum RENTS for Projects Based on UNIT SIZE
Low-Income Housing Tax Credit Program
Set-Aside %Studio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5 Bedroom
60 %$732$784$942$1,087$1,213$1,339
50 %$610$653$785$906$1,011$1,116
45 %$549$588$706$815$910$1,004
40 %$488$523$628$725$809$893
35 %$427$457$549$634$707$781
30 %$366$392$471$543$606$669




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 %$38,080$43,520$48,960$54,320$58,720$63,040$67,360$71,760
60 %$28,560$32,640$36,720$40,740$44,040$47,280$50,520$53,820
50 %$23,800$27,200$30,600$33,950$36,700$39,400$42,100$44,850
45 %$21,420$24,480$27,540$30,555$33,030$35,460$37,890$40,365
40 %$19,040$21,760$24,480$27,160$29,360$31,520$33,680$35,880
35 %$16,660$19,040$21,420$23,765$25,690$27,580$29,470$31,395
30 %$14,280$16,320$18,360$20,370$22,020$23,640$25,260$26,910


Maximum RENTS for Projects Based on UNIT SIZE
Low-Income Housing Tax Credit Program
Set-Aside %Studio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5 Bedroom
60 %$714$765$918$1,059$1,182$1,304
50 %$595$637$765$883$985$1,086
45 %$535$573$688$794$886$978
40 %$476$510$612$706$788$869
35 %$416$446$535$618$689$760
30 %$357$382$459$529$591$652