HOME Rent Program Limits (Effective 4/27/09)
DHCD generally uses the definitions of "low" and "moderate" as defined in CDBG regulations, which correspond to the "very low" and "low" in the HOME and Section 8 Regulations. Since 1999, however, DC has been exempted by HUD from these limits and permitted to use "uncapped limits" (i.e. the actual 80 percent of the area median income for the DC area). DHCD may use the exemption, as necessary, in its CDBG and HOME programs.
|
Maximum HOME Rents |
Units | |||||||
| Efficiency | 1 BR | 2 BR | 3 BR | 4 BR | 5 BR | 6 BR | ||
| Low HOME Rent Limit | 898 | 963 | 1,155 | 1,335 | 1,488 | 1,643 | 1,797 | |
| High HOME Rent Limit | 1,002 | 1,130 | 1,288 | 1,630 | 1,799 | 1,966 | 2,134 | |
|
For Information Only Fair Market Rent |
1,002 | 1,130 | 1,288 | 1,646 | 2,157 | 2,481 | 2,804 | |
NOTE: Project sponsors should review the HUD regulation on HOME rents at 24 CFR 92.252.
LIHTC Rent Program Limits (Effective 3/19/09)
|
Maximum LIHTC Rents |
Units | |||||||
| Efficiency | 1 BR | 2 BR | 3 BR | 4 BR | 5 BR | |||
| 50% Rent Limit | 898 | 963 | 1,155 | 1,335 | 1,488 | 1,643 | ||
| 60% Rent Limit | 1,078 | 1,155 | 1,386 | 1,602 | 1,786 | 1,971 | ||
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