Fair market rents and income guidelines
2006 CDBG Guidelines
|
Fair Market Rents
|
(Gross Rent)
|
|
|
100%
|
|
0 Bedrooms
|
$373
|
|
1 Bedrooms
|
$443
|
|
2 Bedrooms
|
$563
|
|
3 Bedrooms
|
$812
|
|
4 Bedrooms
|
$939
|
**Total Gross rent must include both monthly rent payment and a "utility allowance", if the tenant pays utilities. "Utilities" excludes telephone service.
Income guidelines: percent of area median
|
|
|
|
|
|
|
|
100%
|
80%
|
50%
|
30%
|
|
Family size
|
Median
income
|
Moderate
income
|
Low
Income
|
Extremely
Low Income
|
|
1 person household
|
$45,500
|
$36,400
|
$22,750
|
$13,650
|
|
2 person household
|
$52,000
|
$41,600
|
$26,000
|
$15,600
|
|
3 person household
|
$58,500
|
$46,800
|
$29,250
|
$17,550
|
|
4 person household
|
$65,000
|
$52,000
|
$32,500
|
$19,500
|
|
5 person household
|
$70,200
|
$56,150
|
$35,100
|
$21,050
|
|
6 person household
|
$75,400
|
$60,300
|
$37,700
|
$22,600
|
|
7 person household
|
$80,600
|
$64,500
|
$40,300
|
$24,200
|
|
8 person household
|
$85,800
|
$68,650
|
$42,900
|
$25,750
|
A “household” includes all persons residing together in a housing unit, whether related or not.
**To be in compliance, household income must be less than 80% of area median (noted in bold above)