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Compliance Current Income Limits and Maximum Rents:
If there are questions regarding the Income and Rent Limits listed below, please call (517) 241-2560 or email our Compliance Monitoring Division.
LIHTC, MSHDA Direct Lending and Pass-Through Programs (Effective 03/19/2009):
(Direct Lending programs include: developments funded under tax-exempt and taxable bond financing programs, including One Percent, 80/20, 70/30, TEAM and HOME TEAM Advantage)
NOTE: There are now two income and rent limits for these programs. All properties that were in existence (first occupied in 2008 or prior) should use the “HERA 3-19-09 Income Limits”. New properties (first occupied in 2009) should use the “3-19-09 Income Limits”.