Income and Rent Limits
Housing Tax Credit, Tax Exempt Bond, HOME, Neighborhood Stabilization and Housing Trust Fund rental development programs
2014 Project Income and Rent Tool (XLS)
This tool will identify maximum income and rent limits for TDHCA administered properties participating in the Housing Tax Credit, Tax Exempt Bond, HOME, Neighborhood Stabilization Program and Housing Trust Fund rental development programs only. The tool incorporates the FY 2014 Multifamily Tax Subsidy Income Limits published by the U.S. Department of Housing and Urban Development for the HTC and Tax Exempt Bond programs released December 18, 2013. The most current Neighborhood Stabilization Program income limits were released December 2013. The Housing Trust Fund rental program uses the HTC Income and Rent limits. The Community Planning and Development (CPD) section of HUD released the 2013 HOME Program Income Limits on February 14, 2013 to be effective March 15, 2013. The HOME Program Rent Limits were released on May 2, 2013 effective for all new leases and lease renewals (including month to month leases) after May 31, 2013. . The Department was notified on December 10, 2013 that the HOME program rent limits released May 2, 2013 contained errors. In all cases, the rents that were issued were lower than they should have been. The current tool includes this update.
These income and rent limits were produced using data released by the U.S. Department of Housing and Urban Development and reflect the changes made to income limits through the Housing and Economic Recovery Act of 2008 (rural limits, hold harmless etc.). Failure to enter the accurate project specific data will result in erroneous data.
The Department held a webinar December 9, 2011 to discuss how to properly use the Income and Rent Tool and address new developments with the FY2012 Income Limits released by HUD. Visit the Compliance Presentations page to view the webinar.
If you have questions about income and rent limits or believe there is an error in the data, please contact Stephanie Naquin at (512) 475-2330 or email firstname.lastname@example.org.
Amy Young Barrier Removal Program, Bootstrap Self-Help Housing Program and Contract for Deed Conversion (CFDC) Program Assistance Grants
- Income Limits - effective 5/1/2014 (www.onecpd.info)
Download the "2014 HOME Income Limits - Texas" PDF file.
- The list of Metropolitan Statistical Areas (MSAs) begins on page 1
- The list of counties begins on page 6
- Amy Young Barrier Removal Program: use the "LOW INCOME" row
- Bootstrap Self-Help Housing Program and CFDC Assistance Grants: use the "60% LIMITS" row
- TDHCA Program Pages:
Tenant-Based Rental Assistance (TBRA) Program
- 2013 Fair Market Rent Limits - HOME TBRA Program (effective 10/01/2012) (www.huduser.org)
- 2012 Fair Market Rent Limits – HOME TBRA Program (effective 10/01/2011 - published 09/20/2011)(www.huduser.org)