Wednesday, September 16, 2015
Annually, DHCD makes available to project developers and sponsors the current US Department of Housing and Urban Development (HUD) issued income and rent limits. As of the effective dates noted, and until further notice, project sponsors currently receiving CDBG, HOME, NSP, LIHTC or HPTF funds should use the following limits as they set their fiscal year 2012 occupancy and rent guidelines. The Washington, DC area median income as determined by HUD for fiscal year 2012 is to equal $107,500.