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

2016 Median Income: $66,400



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 %$50,960$58,240$65,520$72,720$78,560$84,400$90,240$96,000
60 %$38,220$43,680$49,140$54,540$58,920$63,300$67,680$72,000
50 %$31,850$36,400$40,950$45,450$49,100$52,750$56,400$60,000
45 %$28,665$32,760$36,855$40,905$44,190$47,475$50,760$54,000
40 %$25,480$29,120$32,760$36,360$39,280$42,200$45,120$48,000
35 %$22,295$25,480$28,665$31,815$34,370$36,925$39,480$42,000
30 %$19,110$21,840$24,570$27,270$29,460$31,650$33,840$36,000


Maximum RENTS for Projects Based on UNIT SIZE
Low-Income Housing Tax Credit Program
Set-Aside %Studio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5 Bedroom
60 %$955$1,023$1,228$1,418$1,582$1,746
50 %$796$853$1,023$1,181$1,318$1,455
45 %$716$767$921$1,063$1,186$1,309
40 %$637$682$819$945$1,055$1,164
35 %$557$597$716$827$923$1,018
30 %$477$511$614$709$791$873




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 %$39,520$45,120$50,800$56,400$60,960$65,440$70,000$74,480
60 %$29,640$33,840$38,100$42,300$45,720$49,080$52,500$55,860
50 %$24,700$28,200$31,750$35,250$38,100$40,900$43,750$46,550
45 %$22,230$25,380$28,575$31,725$34,290$36,810$39,375$41,895
40 %$19,760$22,560$25,400$28,200$30,480$32,720$35,000$37,240
35 %$17,290$19,740$22,225$24,675$26,670$28,630$30,625$32,585
30 %$14,820$16,920$19,050$21,150$22,860$24,540$26,250$27,930


Maximum RENTS for Projects Based on UNIT SIZE
Low-Income Housing Tax Credit Program
Set-Aside %Studio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5 Bedroom
60 %$741$793$952$1,100$1,227$1,354
50 %$617$661$793$916$1,022$1,128
45 %$555$595$714$825$920$1,015
40 %$494$529$635$733$818$903
35 %$432$462$555$641$715$790
30 %$370$396$476$550$613$677




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 %$41,600$47,520$53,440$59,360$64,160$68,880$73,680$78,400
60 %$31,200$35,640$40,080$44,520$48,120$51,660$55,260$58,800
50 %$26,000$29,700$33,400$37,100$40,100$43,050$46,050$49,000
45 %$23,400$26,730$30,060$33,390$36,090$38,745$41,445$44,100
40 %$20,800$23,760$26,720$29,680$32,080$34,440$36,840$39,200
35 %$18,200$20,790$23,380$25,970$28,070$30,135$32,235$34,300
30 %$15,600$17,820$20,040$22,260$24,060$25,830$27,630$29,400


Maximum RENTS for Projects Based on UNIT SIZE
Low-Income Housing Tax Credit Program
Set-Aside %Studio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5 Bedroom
60 %$780$835$1,002$1,158$1,291$1,425
50 %$650$696$835$965$1,076$1,188
45 %$585$626$751$868$968$1,069
40 %$520$557$668$772$861$950
35 %$455$487$584$675$753$831
30 %$390$417$501$579$645$712




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