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Rental Developers sectionRental Developers

What we offer

Does my project qualify?

Qualified Allocation Plan (QAP)

Fair Housing Act self-evaluation

Housing Credit application process

Tax-exempt bond process

Timelines & events

Income limits

Housing Credit Awards

Section 3 Local Jobs Initiative

Owners & ManagersOwners / Managers

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Resources

2014 Housing Credit Full Applications

2014 Housing Credit Final Site Scores

2014 Housing Credit Preliminary Apps

Final 2014 QAP

Post Award Change Request Form

Final Cost Certification Form

10% Cost Certification Form

Planning an Opening


Income Limits

The household size income limit is an important factor in determining a property’s compliance with state and federal regulations. This page has links to the necessary charts for you to determine your property’s compliance with the programs we monitor.

Low-Income Housing Tax Credit

The 2014 Income & Rent limits are available; however, they are project-specific due to recent changes in the law.  Therefore, we are unable to produce tax credit income and rent limit charts as in previous years.  The limits for each property may be found in Rental Compliance Reporting System (RCRS).  Below is an excerpt from the HR 3221, which mandated changes to the way income limits are calculated, along with a technical explanation of how these changes affect tax credit properties. The new limits are effective December 18, 2013.

For more information, contact Susan Westbrook at or (919) 877-5647.

2014 State-Mandated Set-Aside Income & Rent Limits

2013 State-Mandated Set-Aside Income & Rent Limits

2012 State-Mandated Set-Aside Income & Rent Limits

2011 State-Mandated Set-Aside Income & Rent Limits

2010 State-Mandated Set-Aside Income & Rent Limits
(Used for deeper State targeting requirements, including State tax credits & Key – Not applicable for HOME, Section 8 or Federally required set-asides)
2010 Income & Rent Limits Regulatory Guidance

2009 Standard Income & Rent Limits
2009 HERA Special Income & Rent Limits
2009 Rural Income & Rent Limits

View memo concerning 2009 income limits

2008 Income Limits and Maximum Housing Expense
2007 Income Limits and Maximum Housing Expense
2006 Income Limits and Maximum Housing Expense
2005 Income Limits and Maximum Housing Expense
2004 Income Limits and Maximum Housing Expense
2003 Income Limits and Maximum Housing Expense
2002 Income Limits and Maximum Housing Expense
2001 Income Limits and Maximum Housing Expense
2000 Income Limits and Maximum Housing Expense

Rental Production Program Loans

Income targeting for RPP properties is determined by the loan documents for each property and must be in conjunction with the following:

2014 HOME Rent Limits
2014 HOME Income Limits
2013 HOME Rent Limits
2013 HOME Income Limits
2012 HOME Rent Limits
2012 HOME Income Limits
2011 HOME Rent Limits
2011 HOME Income Limits
2010 HOME Rent Limits
2010 HOME Income Limits
2009 HOME Rent Limits

2008 HOME Rent Limits
2007 HOME Rent Limits
2006 HOME Rent Limits
2005 HOME Rent Limits
2004 HOME Rent Limits
2003 HOME Rent Limits
2002 HOME Rent Limits
2001 HOME Rent Limits

Project-Based Section 8

2013 Income Limits
2012 Income Limits
2011 Income Limits
2010 Income Limits
2009 Income Limits
2008 Income Limits
2007 Income Limits
2006 Income Limits
2005 Income Limits

Agency-Issued Tax-Exempt Bonds

No charts are currently available.

Affordable Housing Disposition Program (RTC)

2014 FDIC Income Limits
2014 FDIC Rent Limits

2013 FDIC Income Limits
2013 FDIC Rent Limits

2012 FDIC Income Limits
2012 FDIC Rent Limits

2011 FDIC Income Limits
2011 FDIC Rent Limits

2010 FDIC Income Limits
2010 FDIC Rent Limits

2009 FDIC Income Limits
2009 FDIC Rent Limits

2008 FDIC Income Limits
2008 FDIC Rent Limits

2007 FDIC Income Limits
2007 FDIC Rent Limits

2006 FDIC Income Limits
2006 FDIC Rent Limits

2005 FDIC Income Limits
2005 FDIC Rent Limits

Tenant-Based Rental Assistance (TBRA)

TBRA is not currently funded.

       For Your Home:

4.00%

For a 30-year fixed rate (minimum 60-day lock-in) without NCHFA down payment assistance funds.


       What's New @ NCHFA

Buying a home? A preferred real estate agent can help
Our preferred real estate agents have in-depth knowledge of our mortgage programs and can help you determine which might be best for you.
Learn More...

NC Awards Due July 24

Agency-owned properties for sale

Our Current Interest Rates

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North Carolina Housing Finance Agency   |   3508 Bush Street   |   Raleigh, NC 27609   |   919-877-5700  |   terms of use/privacy