Low Income Housing Tax Credit Program Income and Rent Limits ...

[Pages:7]Low Income Housing Tax Credit Program Income and Rent Limits STATE OF MARYLAND

Effective Date: April 1, 2020 (*See Note Below)

Baltimore City, Baltimore County, Anne Arundel, Carroll, Harford, Howard, and Queen Anne's Counties

Baltimore-Towson

HMFA

FY 2020 Median Family Income:

104,000

4 person 50% limit=

52,000

Income Limits Per HH Size

1 Person

2 Person

3 Person

20%

14560

16640

18720

30%

21840

24960

28080

40%

29120

33280

37440

50%

36400

41600

46800

60%

43680

49920

56160

70%

50960

58240

65520

80%

58240

66560

74880

Maximum Rent Per HH Size

1 Person

2 Person

3 Person

20%

364

416

468

30%

546

624

702

40%

728

832

936

50%

910

1040

1170

60%

1092

1248

1404

70%

1274

1456

1638

80%

1456

1664

1872

Maximum Rent Per Bedroom

0-BR

1-BR

2-BR

20%

364

390

468

30%

546

585

702

40%

728

780

936

50%

910

975

1170

60%

1092

1170

1404

70%

1274

1365

1638

80%

1456

1560

1872

4 Person 20800 31200 41600 52000 62400 72800 83200

4 Person 520 780 1040 1300 1560 1820 2080 3-BR 541 811 1082 1352 1623 1893 2164

5 Person 22480 33720 44960 56200 67440 78680 89920

5 Person 562 843 1124 1405 1686 1967 2248 4-BR 603 905 1207 1508 1810 2112 2414

6 Person 24140 36210 48280 60350 72420 84490 96560

6 Person 603 905 1207 1508 1810 2112 2414 5-BR 665 998 1331 1664 1997 2330 2663

7 Person 25800 38700 51600 64500 77400 90300 103200

7 Person 645 967 1290 1612 1935 2257 2580 6-BR

8 Person 27460 41190 54920 68650 82380 96110 109840

8 Person 686 1029 1373 1716 2059 2402 2746 7-BR

Allegany County Cumberland

FY 2020 Median Family Income: 4 person 50% limit=

Income Limits Per HH Size

Maximum Rent Per HH Size

Maximum Rent Per Bedroom

MSA

20% 30% 40% 50% 60% 70% 80%

20% 30% 40% 50% 60% 70% 80%

20% 30% 40% 50% 60% 70% 80%

61,900 36,400 1 Person 10200 15300 20400 25500 30600 35700 40800 1 Person 255 382 510 637 765 892 1020 0-BR 255 382 510 637 765 892 1020

2 Person 11660 17490 23320 29150 34980 40810 46640

2 Person 291 437 583 728 874 1020 1166 1-BR 273 409 546 683 819 956 1093

3 Person 13120 19680 26240 32800 39360 45920 52480

3 Person 328 492 656 820 984 1148 1312 2-BR 328 492 656 820 984 1148 1312

4 Person 14560 21840 29120 36400 43680 50960 58240

4 Person 364 546 728 910 1092 1274 1456 3-BR 378 568 757 946 1136 1325 1515

5 Person 15740 23610 31480 39350 47220 55090 62960

5 Person 393 590 787 983 1180 1377 1574 4-BR 422 633 845 1056 1267 1478 1690

6 Person 16900 25350 33800 42250 50700 59150 67600

6 Person 422 633 845 1056 1267 1478 1690 5-BR 466 699 932 1165 1398 1631 1864

7 Person 18060 27090 36120 45150 54180 63210 72240

7 Person 451 677 903 1128 1354 1580 1806 6-BR

8 Person 19220 28830 38440 48050 57660 67270 76880

8 Person 480 720 961 1201 1441 1681 1922 7-BR

* NOTE: These Low Income Housing Tax Credit (LIHTC) income limits apply only to properties with a Placed in Service (PIS) Date of April 1, 2020 or later. If a LIHTC property PlS prior to this date, please refer to the income limit calculator on the Novogradac website () to ensure that the property is using income limits that take into account the Hold Harmless provisions under the Internal Revenue Code. The Hold Harmless Limits may be higher than the current income limits.

Page 1 of 7

Low Income Housing Tax Credit Program Income and Rent Limits STATE OF MARYLAND

Effective Date: April 1, 2020 (*See Note Below)

Washington County Hagerstown

FY 2020 Median Family Income: 4 person 50% limit=

Income Limits Per HH Size

Maximum Rent Per HH Size

Maximum Rent Per Bedroom

HMFA

79,800

39,900

1 Person

20%

11180

30%

16770

40%

22360

50%

27950

60%

33540

70%

39130

80%

44720

1 Person

20%

279

30%

419

40%

559

50%

698

60%

838

70%

978

80%

1118

0-BR

20%

279

30%

419

40%

559

50%

698

60%

838

70%

978

80%

1118

2 Person 12780 19170 25560 31950 38340 44730 51120

2 Person 319 479 639 798 958 1118 1278 1-BR 299 449 599 748 898 1048 1198

3 Person 14380 21570 28760 35950 43140 50330 57520

3 Person 359 539 719 898 1078 1258 1438 2-BR 359 539 719 898 1078 1258 1438

4 Person 15960 23940 31920 39900 47880 55860 63840

4 Person 399 598 798 997 1197 1396 1596 3-BR 415 622 830 1037 1245 1452 1660

5 Person 17240 25860 34480 43100 51720 60340 68960

5 Person 431 646 862 1077 1293 1508 1724 4-BR 463 694 926 1157 1389 1620 1852

6 Person 18520 27780 37040 46300 55560 64820 74080

6 Person 463 694 926 1157 1389 1620 1852 5-BR 511 766 1022 1277 1533 1788 2044

7 Person 19800 29700 39600 49500 59400 69300 79200

7 Person 495 742 990 1237 1485 1732 1980 6-BR

8 Person 21080 31620 42160 52700 63240 73780 84320

8 Person

790 1054 1317 1581 1844 2108 7-BR

Cecil County Phila-Camden-Wilmington

FY 2020 Median Family Income: 4 person 50% limit=

Income Limits Per HH Size

Maximum Rent Per HH Size

Maximum Rent Per Bedroom

MSA

20% 30% 40% 50% 60% 70% 80%

20% 30% 40% 50% 60% 70% 80%

20% 30% 40% 50% 60% 70% 80%

96,600 48,300 1 Person 13540 20310 27080 33850 40620 47390 54160 1 Person 338 507 677 846 1015 1184 1354 0-BR 338 507 677 846 1015 1184 1354

2 Person 15460 23190 30920 38650 46380 54110 61840

2 Person 386 579 773 966 1159 1352 1546 1-BR 362 543 725 906 1087 1268 1450

3 Person 17400 26100 34800 43500 52200 60900 69600

3 Person 435 652 870 1087 1305 1522 1740 2-BR 435 652 870 1087 1305 1522 1740

4 Person 19320 28980 38640 48300 57960 67620 77280

4 Person 483 724 966 1207 1449 1690 1932 3-BR 502 753 1005 1256 1507 1758 2010

5 Person 20880 31320 41760 52200 62640 73080 83520

5 Person 522 783 1044 1305 1566 1827 2088 4-BR 560 840 1121 1401 1681 1961 2242

6 Person 22420 33630 44840 56050 67260 78470 89680

6 Person 560 840 1121 1401 1681 1961 2242 5-BR 618 927 1237 1546 1855 2164 2474

7 Person 23960 35940 47920 59900 71880 83860 95840

7 Person 599 898 1198 1497 1797 2096 2396

8 Person 25520 38280 51040 63800 76560 89320 102080

8 Person 638 957 1276 1595 1914 2233 2552

* NOTE: These Low Income Housing Tax Credit (LIHTC) income limits apply only to properties with a Placed in Service (PIS) Date of April 1, 2020 or later. If a LIHTC property PlS prior to this date, please refer to the income limit calculator on the Novogradac website () to ensure that the property is using income limits that take into account the Hold Harmless provisions under the Internal Revenue Code. The Hold Harmless Limits may be higher than the current income limits.

Page 2 of 7

Low Income Housing Tax Credit Program Income and Rent Limits STATE OF MARYLAND

Effective Date: April 1, 2020 (*See Note Below)

Wicomico Salisbury

FY 2020 Median Family Income: 4 person 50% limit=

Income Limits Per HH Size

Maximum Rent Per HH Size

Maximum Rent Per Bedroom

HMFA

67,500

36,400

1 Person

20%

10200

30%

15300

40%

20400

50%

25500

60%

30600

70%

35700

80%

40800

1 Person

20%

255

30%

382

40%

510

50%

637

60%

765

70%

892

80%

1020

0-BR

20%

255

30%

382

40%

510

50%

637

60%

765

70%

892

80%

1020

2 Person 11660 17490 23320 29150 34980 40810 46640

2 Person 291 437 583 728 874 1020 1166 1-BR 273 409 546 683 819 956 1093

3 Person 13120 19680 26240 32800 39360 45920 52480

3 Person 328 492 656 820 984 1148 1312 2-BR 328 492 656 820 984 1148 1312

4 Person 14560 21840 29120 36400 43680 50960 58240

4 Person 364 546 728 910 1092 1274 1456 3-BR 378 568 757 946 1136 1325 1515

5 Person 15740 23610 31480 39350 47220 55090 62960

5 Person 393 590 787 983 1180 1377 1574 4-BR 422 633 845 1056 1267 1478 1690

6 Person 16900 25350 33800 42250 50700 59150 67600

6 Person 422 633 845 1056 1267 1478 1690 5-BR 466 699 932 1165 1398 1631 1864

7 Person 18060 27090 36120 45150 54180 63210 72240

7 Person 451 677 903 1128 1354 1580 1806

8 Person 19220 28830 38440 48050 57660 67270 76880

8 Person 480 720 961 1201 1441 1681 1922

Calvert, Charles, Frederick, Montgomery and Prince George's Counties

Washington-Arlington-Alex.

HMFA

FY 2020 Median Family Income:

126,000

4 person 50% limit=

63,000

Income Limits Per HH Size

1 Person

2 Person

20%

17640

20160

30%

26460

30240

40%

35280

40320

50%

44100

50400

60%

52920

60480

70%

61740

70560

80%

70560

80640

Maximum Rent Per HH Size

1 Person

2 Person

20%

441

504

30%

661

756

40%

882

1008

50%

1102

1260

60%

1323

1512

70%

1543

1764

80%

1764

2016

Maximum Rent Per Bedroom

0-BR

1-BR

20%

441

472

30%

661

708

40%

882

945

50%

1102

1181

60%

1323

1417

70%

1543

1653

80%

1764

1890

3 Person 22680 34020 45360 56700 68040 79380 90720

3 Person 567 850 1134 1417 1701 1984 2268 2-BR 567 850 1134 1417 1701 1984 2268

4 Person 25200 37800 50400 63000 75600 88200 100800

4 Person 630 945 1260 1575 1890 2205 2520 3-BR 655 982 1310 1638 1965 2293 2621

5 Person 27220 40830 54440 68050 81660 95270 108880

5 Person 680 1020 1361 1701 2041 2381 2722 4-BR 731 1096 1462 1827 2193 2558 2924

6 Person 29240 43860 58480 73100 87720 102340 116960

6 Person 731 1096 1462 1827 2193 2558 2924 5-BR 806 1210 1613 2016 2420 2823 3227

7 Person 31260 46890 62520 78150 93780 109410 125040

7 Person 781 1172 1563 1953 2344 2735 3126

8 Person 33280 49920 66560 83200 99840 116480 133120

8 Person 832 1248 1664 2080 2496 2912 3328

* NOTE: These Low Income Housing Tax Credit (LIHTC) income limits apply only to properties with a Placed in Service (PIS) Date of April 1, 2020 or later. If a LIHTC property PlS prior to this date, please refer to the income limit calculator on the Novogradac website () to ensure that the property is using income limits that take into account the Hold Harmless provisions under the Internal Revenue Code. The Hold Harmless Limits may be higher than the current income limits.

Page 3 of 7

Low Income Housing Tax Credit Program Income and Rent Limits STATE OF MARYLAND

Effective Date: April 1, 2020 (*See Note Below)

Caroline County Caroline

FY 2020 Median Family Income: 4 person 50% limit=

Income Limits Per HH Size

Maximum Rent Per HH Size

Maximum Rent Per Bedroom

County

67,500

36,400

1 Person

20%

10200

30%

15300

40%

20400

50%

25500

60%

30600

70%

35700

80%

40800

1 Person

20%

255

30%

382

40%

510

50%

637

60%

765

70%

892

80%

1020

0-BR

20%

255

30%

382

40%

510

50%

637

60%

765

70%

892

80%

1020

2 Person 11660 17490 23320 29150 34980 40810 46640

2 Person 291 437 583 728 874 1020 1166 1-BR 273 409 546 683 819 956 1093

3 Person 13120 19680 26240 32800 39360 45920 52480

3 Person 328 492 656 820 984 1148 1312 2-BR 328 492 656 820 984 1148 1312

4 Person 14560 21840 29120 36400 43680 50960 58240

4 Person 364 546 728 910 1092 1274 1456 3-BR 378 568 757 946 1136 1325 1515

5 Person 15740 23610 31480 39350 47220 55090 62960

5 Person 393 590 787 983 1180 1377 1574 4-BR 422 633 845 1056 1267 1478 1690

6 Person 16900 25350 33800 42250 50700 59150 67600

6 Person 422 633 845 1056 1267 1478 1690 5-BR 466 699 932 1165 1398 1631 1864

7 Person 18060 27090 36120 45150 54180 63210 72240

7 Person 451 677 903 1128 1354 1580 1806

8 Person 19220 28830 38440 48050 57660 67270 76880

8 Person 480 720 961 1201 1441 1681 1922

Dorchester County Dorchester

FY 2020 Median Family Income: 4 person 50% limit=

Income Limits Per HH Size

Maximum Rent Per HH Size

Maximum Rent Per Bedroom

County

68,400

36,400

1 Person

20%

10200

30%

15300

40%

20400

50%

25500

60%

30600

70%

35700

80%

40800

1 Person

20%

255

30%

382

40%

510

50%

637

60%

765

70%

892

80%

1020

0-BR

20%

255

30%

382

40%

510

50%

637

60%

765

70%

892

80%

1020

2 Person 11660 17490 23320 29150 34980 40810 46640

2 Person 291 437 583 728 874 1020 1166 1-BR 273 409 546 683 819 956 1093

3 Person 13120 19680 26240 32800 39360 45920 52480

3 Person 328 492 656 820 984 1148 1312 2-BR 328 492 656 820 984 1148 1312

4 Person 14560 21840 29120 36400 43680 50960 58240

4 Person 364 546 728 910 1092 1274 1456 3-BR 378 568 757 946 1136 1325 1515

5 Person 15740 23610 31480 39350 47220 55090 62960

5 Person 393 590 787 983 1180 1377 1574 4-BR 422 633 845 1056 1267 1478 1690

6 Person 16900 25350 33800 42250 50700 59150 67600

6 Person 422 633 845 1056 1267 1478 1690 5-BR 466 699 932 1165 1398 1631 1864

7 Person 18060 27090 36120 45150 54180 63210 72240

7 Person 451 677 903 1128 1354 1580 1806

8 Person 19220 28830 38440 48050 57660 67270 76880

8 Person 480 720 961 1201 1441 1681 1922

* NOTE: These Low Income Housing Tax Credit (LIHTC) income limits apply only to properties with a Placed in Service (PIS) Date of April 1, 2020 or later. If a LIHTC property PlS prior to this date, please refer to the income limit calculator on the Novogradac website () to ensure that the property is using income limits that take into account the Hold Harmless provisions under the Internal Revenue Code. The Hold Harmless Limits may be higher than the current income limits.

Page 4 of 7

Garrett and Somerset Counties Garrett

FY 2020 Median Family Income: 4 person 50% limit=

Income Limits Per HH Size

Maximum Rent Per HH Size

Maximum Rent Per Bedroom

County

61,500

36,400

1 Person

20%

10200

30%

15300

40%

20400

50%

25500

60%

30600

70%

35700

80%

40800

1 Person

20%

255

30%

382

40%

510

50%

637

60%

765

70%

892

80%

1020

0-BR

20%

255

30%

382

40%

510

50%

637

60%

765

70%

892

80%

1020

Low Income Housing Tax Credit Program Income and Rent Limits STATE OF MARYLAND

Effective Date: April 1, 2020 (*See Note Below)

2 Person 11660 17490 23320 29150 34980 40810 46640

2 Person 291 437 583 728 874 1020 1166 1-BR 273 409 546 683 819 956 1093

3 Person 13120 19680 26240 32800 39360 45920 52480

3 Person 328 492 656 820 984 1148 1312 2-BR 328 492 656 820 984 1148 1312

4 Person 14560 21840 29120 36400 43680 50960 58240

4 Person 364 546 728 910 1092 1274 1456 3-BR 378 568 757 946 1136 1325 1515

5 Person 15740 23610 31480 39350 47220 55090 62960

5 Person 393 590 787 983 1180 1377 1574 4-BR 422 633 845 1056 1267 1478 1690

Somerset County

FY 2020 Median Family Income:

4 person 50% limit=

6 Person

7 Person

16900

18060

25350

27090

33800

36120

42250

45150

50700

54180

59150

63210

67600

72240

6 Person

7 Person

422

451

633

677

845

903

1056

1128

1267

1354

1478

1580

1690

1806

5-BR

466

699

932

1165

1398

1631

1864

HMFA 54,800 36,400

8 Person 19220 28830 38440 48050 57660 67270 76880

8 Person 480 720 961 1201 1441 1681 1922

Kent County Kent

FY 2020 Median Family Income: 4 person 50% limit=

Income Limits Per HH Size

Maximum Rent Per HH Size

Maximum Rent Per Bedroom

County

78,700

39,350

1 Person

20%

11020

30%

16530

40%

22040

50%

27550

60%

33060

70%

38570

80%

44080

1 Person

20%

275

30%

413

40%

551

50%

688

60%

826

70%

964

80%

1102

0-BR

20%

275

30%

413

40%

551

50%

688

60%

826

70%

964

80%

1102

2 Person 12600 18900 25200 31500 37800 44100 50400

2 Person 315 472 630 787 945 1102 1260 1-BR 295 442 590 738 885 1033 1181

3 Person 14180 21270 28360 35450 42540 49630 56720

3 Person 354 531 709 886 1063 1240 1418 2-BR 354 531 709 886 1063 1240 1418

4 Person 15740 23610 31480 39350 47220 55090 62960

4 Person 393 590 787 983 1180 1377 1574 3-BR 409 613 818 1023 1227 1432 1637

5 Person 17000 25500 34000 42500 51000 59500 68000

5 Person 425 637 850 1062 1275 1487 1700 4-BR 456 684 913 1141 1369 1597 1826

6 Person 18260 27390 36520 45650 54780 63910 73040

6 Person 456 684 913 1141 1369 1597 1826 5-BR 503 755 1007 1259 1511 1763 2015

7 Person 19520 29280 39040 48800 58560 68320 78080

7 Person 488 732 976 1220 1464 1708 1952

8 Person 20780 31170 41560 51950 62340 72730 83120

8 Person 519 779 1039 1298 1558 1818 2078

* NOTE: These Low Income Housing Tax Credit (LIHTC) income limits apply only to properties with a Placed in Service (PIS) Date of April 1, 2020 or later. If a LIHTC property PlS prior to this date, please refer to the income limit calculator on the Novogradac website () to ensure that the property is using income limits that take into account the Hold Harmless provisions under the Internal Revenue Code. The Hold Harmless Limits may be higher than the current income limits.

Page 5 of 7

Low Income Housing Tax Credit Program Income and Rent Limits STATE OF MARYLAND

Effective Date: April 1, 2020 (*See Note Below)

St. Mary's County California - Lexington Park

FY 2020 Median Family Income: 4 person 50% limit=

Income Limits Per HH Size

Maximum Rent Per HH Size

Maximum Rent Per Bedroom

County

103,600

51,800

1 Person

20%

14520

30%

21780

40%

29040

50%

36300

60%

43560

70%

50820

80%

58080

1 Person

20%

363

30%

544

40%

726

50%

907

60%

1089

70%

1270

80%

1452

0-BR

20%

363

30%

544

40%

726

50%

907

60%

1089

70%

1270

80%

1452

2 Person 16580 24870 33160 41450 49740 58030 66320

2 Person 414 621 829 1036 1243 1450 1658 1-BR 388 583 777 971 1166 1360 1555

3 Person 18660 27990 37320 46650 55980 65310 74640

3 Person 466 699 933 1166 1399 1632 1866 2-BR 466 699 933 1166 1399 1632 1866

4 Person 20720 31080 41440 51800 62160 72520 82880

4 Person 518 777 1036 1295 1554 1813 2072 3-BR 538 808 1077 1346 1616 1885 2155

5 Person 22380 33570 44760 55950 67140 78330 89520

5 Person 559 839 1119 1398 1678 1958 2238 4-BR 601 901 1202 1502 1803 2103 2404

6 Person 24040 36060 48080 60100 72120 84140 96160

6 Person 601 901 1202 1502 1803 2103 2404 5-BR 663 994 1326 1658 1989 2321 2653

7 Person 25700 38550 51400 64250 77100 89950 102800

7 Person 642 963 1285 1606 1927 2248 2570

8 Person 27360 41040 54720 68400 82080 95760 109440

8 Person 684 1026 1368 1710 2052 2394 2736

Talbot County Talbot

FY 2020 Median Family Income: 4 person 50% limit=

Income Limits Per HH Size

Maximum Rent Per HH Size

Maximum Rent Per Bedroom

County

85,900

42,950

1 Person

20%

12040

30%

18060

40%

24080

50%

30100

60%

36120

70%

42140

80%

48160

1 Person

20%

301

30%

451

40%

602

50%

752

60%

903

70%

1053

80%

1204

0-BR

20%

301

30%

451

40%

602

50%

752

60%

903

70%

1053

80%

1204

2 Person 13760 20640 27520 34400 41280 48160 55040

2 Person 344 516 688 860 1032 1204 1376 1-BR 322 483 645 806 967 1128 1290

3 Person 15480 23220 30960 38700 46440 54180 61920

3 Person 387 580 774 967 1161 1354 1548 2-BR 387 580 774 967 1161 1354 1548

4 Person 17180 25770 34360 42950 51540 60130 68720

4 Person 429 644 859 1073 1288 1503 1718 3-BR 446 670 893 1116 1340 1563 1787

5 Person 18560 27840 37120 46400 55680 64960 74240

5 Person 464 696 928 1160 1392 1624 1856 4-BR 498 747 997 1246 1495 1744 1994

6 Person 19940 29910 39880 49850 59820 69790 79760

6 Person 498 747 997 1246 1495 1744 1994 5-BR 550 825 1100 1375 1650 1925 2200

7 Person 21320 31980 42640 53300 63960 74620 85280

7 Person 533 799 1066 1332 1599 1865 2132

8 Person 22680 34020 45360 56700 68040 79380 90720

8 Person 567 850 1134 1417 1701 1984 2268

* NOTE: These Low Income Housing Tax Credit (LIHTC) income limits apply only to properties with a Placed in Service (PIS) Date of April 1, 2020 or later. If a LIHTC property PlS prior to this date, please refer to the income limit calculator on the Novogradac website () to ensure that the property is using income limits that take into account the Hold Harmless provisions under the Internal Revenue Code. The Hold Harmless Limits may be higher than the current income limits.

Page 6 of 7

Low Income Housing Tax Credit Program Income and Rent Limits STATE OF MARYLAND

Effective Date: April 1, 2020 (*See Note Below)

Worcester County Worcester

FY 2020 Median Family Income: 4 person 50% limit=

Income Limits Per HH Size

Maximum Rent Per HH Size

Maximum Rent Per Bedroom

County

76,000

38,000

1 Person

20%

10640

30%

15960

40%

21280

50%

26600

60%

31920

70%

37240

80%

42560

1 Person

20%

266

30%

399

40%

532

50%

665

60%

798

70%

931

80%

1064

0-BR

20%

266

30%

399

40%

532

50%

665

60%

798

70%

931

80%

1064

2 Person 12160 18240 24320 30400 36480 42560 48640

2 Person 304 456 608 760 912 1064 1216 1-BR 285 427 570 712 855 997 1140

3 Person 13680 20520 27360 34200 41040 47880 54720

3 Person 342 513 684 855 1026 1197 1368 2-BR 342 513 684 855 1026 1197 1368

4 Person 15200 22800 30400 38000 45600 53200 60800

4 Person 380 570 760 950 1140 1330 1520 3-BR 395 592 790 988 1185 1383 1581

5 Person 16420 24630 32840 41050 49260 57470 65680

5 Person 410 615 821 1026 1231 1436 1642 4-BR 441 661 882 1102 1323 1543 1764

6 Person 17640 26460 35280 44100 52920 61740 70560

6 Person 441 661 882 1102 1323 1543 1764 5-BR 486 730 973 1216 1460 1703 1947

7 Person 18860 28290 37720 47150 56580 66010 75440

7 Person 471 707 943 1178 1414 1650 1886

8 Person 20080 30120 40160 50200 60240 70280 80320

8 Person 502 753 1004 1255 1506 1757 2008

* NOTE: These Low Income Housing Tax Credit (LIHTC) income limits apply only to properties with a Placed in Service (PIS) Date of April 1, 2020 or later. If a LIHTC property PlS prior to this date, please refer to the income limit calculator on the Novogradac website () to ensure that the property is using income limits that take into account the Hold Harmless provisions under the Internal Revenue Code. The Hold Harmless Limits may be higher than the current income limits.

Documentation for Maryland Low Income Housing Tax Credit Program Income and Rent Limits

All Median Family Income data, 50% income limits, and 30% income limits are based on the HUD Multifamily Tax Subsidy Projects (MTSP) data sets. Please see the following HUD source: Data Sets - HUD USER - Policy Development and Research's Information Service

Income Limits and Rent Limits for other housing programs (i.e. Section 8, HOME, etc.) may differ from LIHTC income and rent limits. Information in this chart is to be used only for purposes of the LIHTC program.

All 20%, 30%, 40%, 60%, 70% and 80% income limits calculated based on published 50% income limits as shown in the table below:

Income Limits 20 30 40 50 60 70 80

Based on 50%

multiply by 0.4 multiply by 0.6 multiply by 0.8 from HUD/MTSPs multiply by 1.2 multiply by 1.4 multiply by 1.6

Rent limits per household assume 30% of the income limit as affordability index, divided by 12 for the monthly rent. Rent limits per bedroom assume 1 person for studio/efficiency and 1.5 persons per bedroom, thereafter. All calculated income and rent figures are rounded down.

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