Multifamily Tax Subsidy Income
Limits
Multifamily Tax Subsidy Projects Income Limits
Due to the Housing and Economic Recovery Act of 2008 (Public Law 110-289), Income Limits
used to determine qualification levels as well as set maximum rental rates for projects funded with tax credits
authorized under section 42 of the Internal Revenue Code (the Code) and projects financed with tax exempt housing
bonds issued to provide qualified residential rental development under section 142 of the Code (hereafter
referred to as Multifamily Tax Subsidy Projects (MTSPs) are now calculated seperately from HUD's Section 8
Income Limits and are presented below.
Note: The limits identified in the MTSP Income Limits tables and MTSP Documentation system as "HERA Special" Income Limits are only for use by projects in service in 2007 or 2008.
Multifamily Tax Subsidy Income
Limits
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