Inclusionary Housing Program Maximum Income and Rent
Maximum Rent Worksheet_091814 9/18/2014
The maximum rent and income guidelines listed below are subject to change. LOW INCOME UNITS For households with incomes up to 80% of AMI Income Limit 0 1 $47,000 $1,175 $1,126 $1,158 $1,109 1 1.5 $50,350 $1,258 $1,208 $1,240 $1,190 2 3 $60,400 $1,510 $1,458 $1,492 $1,440 3 4.5 $69,800 $1,745 $1,683 $1,726 $1,664 Figures based on 2014 FMR Derived NYC Area Median Income of $83,900
For households with incomes at or below 125% of AMI Income Limit 0 1 $73,500 $1,837 $1,788 $1,820 $1,771 1 1.5 $78,750 $1,968 $1,918 $1,950 $1,900 2 3 $94,500 $2,362 $2,310 $2,344 $2,292 3 4.5 $109,125 $2,728 $2,666 $2,709 $2,647 Figures based on 2014 FMR Derived NYC Area Median Income of $83,900 For households with incomes at or below 175% of AMI Income Limit 0 1 $102,900 $2,572 $2,523 $2,555 $2,506 1 1.5 $110,250 $2,756 $2,706 $2,738 $2,688 2 3 $132,300 $3,307 $3,255 $3,289 $3,237 3 4.5 $152,775 $3,819 $3,757 $3,800 $3,738 Figures based on 2014 FMR Derived NYC Area Median Income of $83,900 NOTE: Initial rents must not exceed 30% of the applicable income limit. Tenant Pays Gas & Electricty Tenant Pays Gas & Electricty Tenant Pays Gas & Electricty
Tenant Pays No Utilities Tenant Pays No Utilities Tenant Pays Electricity Tenant Pays Gas Tenant Pays Electricity
Tenant Pays Gas MIDDLE INCOME UNITS
Tenant Pays Gas Rent and income limits for individual projects may be lower and subject to additional restrictions, depending on the particular project. For more specifics regarding individual projects please contact Inclusionary Housing Program staff. For additional information on the Inclusionary Housing Program please visit the following website: http://www.nyc.gov/html/hpd/html/developers/inclusionary.shtml # of Bdrms Household Size # of Bdrms Household Size Tenant Pays No Utilities Tenant Pays Electricity