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Income Restrictions

 

Housing Tax Credit Program

The Lifestyle You Deserve at a Price You Can Afford

This affordable housing program is for individuals and families with moderate incomes allowing below market rents for those who qualify. The program is not a subsidized housing program as each resident is responsible for their full amount of rent each month. Rental amounts are based on the pre-set income limits in the geographic area and not based on your individual household income. To be income eligible, your total household 'gross' income must be less than the pre-set income limit for the area.

Application Processing: Once your application is accurately completed, signed by all required parties and all required documentation is submitted, it will take 1-3 weeks to process your file for review and approval. If application completion or documentation submission is delayed, your move-in date may be pushed back.

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Current Income Limits


1 person - $47,760
2 people - $54,540
3 people - $61,380
4 people - $68,160
5 people - $73,620
6 people - $79,080
7 people - $84,540
8 people - $90,000