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LIHTC, MSHDA Direct Lending and Pass-Through Programs (Effective 12/01/2011): |
| (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 five income and rent limits for these programs. For Acquisition/Rehab projects use the acquisition placed in service date for determining income and rent limits. For Rehab only projects, use the limits effective for the rehab placed in service date. |
| All properties that were in existence (first occupied in 2008 or prior) should use the "HERA 12-01-2011 Income Limits". |
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| All properties placed in service on December 1, 2011 or later should use the "12-01-2011 Income Limits" |
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| All properties placed in service from May 31, 2011 through November 29, 2011 should use the "2011 PIS 12-01-2011 Income Limits" |
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| All properties placed in service from May 14, 2010 through May 30, 2011 should use the "2010 PIS 12-01-2011 Income Limits" |
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| All properties placed in service from January 1, 2009 through May 13, 2010 should use the "2009 PIS 12-01-2011 Income Limits" |
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| Historical Income and Rent Limits for these types of projects can be found here: Income Limits 1987-Present |
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