Montgomery County Department of Housing and Community Affairs ...

Montgomery County Department of Housing and Community Affairs - 2022 Rent and Income Limits

Area Median Income (for a family of four) is $142,300 (effective June 15, 2022)

Maximum Income Limits by Household Size (effective June 15, 2022)

These income limits are applicable for DHCA-administered programs (such as HOME, CDBG, HIF, Rental Agreements, PILOT, etc.) unless the program or project agreements specify otherwise. If a project includes non-DHCA funding, such as LIHTC or a Maryland State or Federal financing product, then the more stringent limits will apply. Consult your loan documents or contact your DHCA Asset Management rep should you have questions on rent limit applicability.

Family Size

1 2 3

30% AMI

Max Rent (30% Rent)

Extremely Low Income

$29,900

$747

$34,200

$855

$38,450

$961

35% AMI (Est.)

$34,895 $39,865 $44,835

Max Rent (30% Rent)

$872 $996 $1,120

4

$42,700

$1,067

$49,805

$1,245

5

$46,150

$1,153

$53,795

$1,344

6

$49,550

$1,238

$57,785

$1,444

7

$52,950

$1,323

$61,775

$1,544

8

$56,400

$1,410

$65,765

$1,644

FY2022 Income Limits Summary from Hud



40% AMI (Est.)

$39,880 $45,560 $51,240 $56,920 $61,480 $66,040 $70,600 $75,160

Max Rent (30% Rent)

$997 $1,139 $1,281 $1,423 $1,537 $1,651 $1,765 $1,879

50% AMI

Max Rent (30% Rent)

Very Low Income

$49,850

$1,246

$56,950

$1,423

$64,050

$1,601

$71,150

$1,778

$76,850

$1,921

$82,550

$2,063

$88,250

$2,206

$93,950

$2,348

55% AMI (Est.)

$54,835 $62,645 $70,455 $78,265 $84,535 $90,805 $97,075 $103,345

Max Rent 60% AMI

(30% Rent)

(Est.)

$1,370 $1,566 $1,761 $1,956 $2,113 $2,270 $2,426 $2,583

$59,820 $68,340 $76,860 $85,380 $92,220 $99,060 $105,900 $112,740

Max Rent 65% AMI

(30% Rent)

(Est.)

$1,495 $1,708 $1,921 $2,134 $2,305 $2,476 $2,647 $2,818

$64,805 $74,035 $83,265 $92,495 $99,905 $107,315 $114,725 $122,135

Max Rent (30% Rent)

$1,620 $1,850 $2,081 $2,312 $2,497 $2,682 $2,868 $3,053

~64% AMI

Max Rent (30% Rent)

Low Income (capped)

$63,000

$1,575

$72,000

$1,800

$81,000

$2,025

$90,000

$2,250

$97,200

$2,430

$104,400 $2,610

$111,600 $2,790

$118,800 $2,970

Maximum HOME Rent Limits (effective June 15, 2022) These rent limits are only effective for the HOME Program. The Fair Market Rent is included as a reference. If a project includes an additional Federal/HUD product, then the more stringent limit is applicable. Consult your loan documents or contact your DHCA Asset Management rep should you have questions on rent limit applicability.

Rent Limit

SRO

0 BR

1 BR

2 BR

3 BR

4 BR

5 BR

6 BR

Low HOME High HOME Fair Mkt Rent

$934 $1,154 $1,154

$1,246 $1,539 $1,539

$1,335 $1,567 $1,567

$1,601 $1,785 $1,785

$1,850 $2,260 $2,260

$2,063 $2,536 $2,713

$2,277 $2,780 $3,120

$2,490 $3,023 $3,527

Version 9.4 SAS System Output ()

HOME Rent Limits | HUD USER

Maximum Income and Rents by Unit Size (effective June 15, 2022) assumes 1.5 persons per bedroom These rent limits are applicable for non-federal DHCA-administered programs (such as HIF, Rental Agreements, PILOT, etc.) unless the program or project agreements specify otherwise. If a project includes non-DHCA funding, such as LIHTC or a Maryland State or Federal financing product, then the more stringent limits will apply. Consult your loan documents or contact your DHCA Asset Management rep should you have questions on rent limit applicability.

Unit Size

30% AMI

Max Rent (30% Rent)

35% AMI (Est.)

Max Rent (30% Rent)

40% AMI (Est.)

Max Rent (30% Rent)

50% AMI

Max Rent (30% Rent)

55% AMI (Est.)

Max Rent (30% Rent)

60% AMI (Est.)

Max Rent (30% Rent)

65% AMI (Est.)

Max Rent (30% Rent)

~68% AMI

Max Rent (30% Rent)

0

$29,900

$747

$34,895

$872

$39,880

$997

$49,850

$1,246

$54,835

$1,370

$59,820

$1,495

$64,805

$1,620

$63,000

$1,575

1

$32,050

$801

$37,380

$934

$42,720

$1,068

$53,400

$1,335

$58,740

$1,468

$64,080

$1,602

$69,420

$1,735

$67,500

$1,687

2

$38,450

$961

$44,835

$1,120

$51,240

$1,281

$64,050

$1,601

$70,455

$1,761

$76,860

$1,921

$83,265

$2,081

$81,000

$2,025

3

$44,425

$1,110

$51,800

$1,295

$59,200

$1,480

$74,000

$1,850

$81,400

$2,035

$88,800

$2,220

$96,200

$2,405

$93,600

$2,340

4

$49,550

$1,238

$57,785

$1,444

$66,040

$1,651

$82,550

$2,063

$90,805

$2,270

$99,060

$2,476

$107,315

$2,682

$104,400

$2,610

5

$54,675

$1,366

$63,770

$1,594

$72,880

$1,822

$91,100

$2,277

$100,210

$2,505

$109,320

$2,733

$118,430

$2,960

$115,200

$2,880

FY 2022 Fair Market Rent (FMRs) Documentation System -- Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area ()

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