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2014 San Mateo County Income Limits
<br /> as determined by HUD,State of CA HCD,and County of San Mateo
<br /> 5/1/2014 revised Income limits effective 12/18/2013.
<br /> Please verify the income and rent figures in use for specific programs.
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<br /> HUD-defined Area Median Income$9,7100(based on householdof 4).State median$103,000(household of 4)due to hold harmless policy. CD
<br /> Income Limits by Family Size($) NOTES
<br /> Co
<br /> Income Category 1 2 3 4 5 6 7 8
<br /> Extremely Low(30%AMI)* 23,250 26,600 29,900 33,200 35,900 38,550 41,200 43,850
<br /> Very Low(50%AMI)* 38,750 44,300 49,850 55,350 59,800 64,250 68,650 73,100
<br /> HOME Limit(60%AMI)* 46,500 53,160 59,820 66,420 71,760 77,100 82,350 87,720 See note from previous page
<br /> HERA Special VLI (50%AMI)*** 43,250 49,400 55,600 61,750 66,700 71,650 76,600 81,550 Unchanged from 2013
<br /> HERA Special Limit(60%AMI)*** 51,900 59,280 66,720 74,100 80,040 85,980 91,920 97,860 Unchanged from 2013
<br /> Low(80%AMI)* 62,050 70,900 79,750 88,600 95,700 102,800 109,900 117,000
<br /> State Median(100%AMI) 72,100 82,400 92,700 103,000 111,250 119,500 127,700 135,950
<br /> Maximum Affordable Rent Payment($)
<br /> Income Category SRO*+ Studio 1-BR 2-BR 3-BR 4-BR
<br /> Extremely Low* 581 622 747 863 963
<br /> Very Low* 968 1,038 1,246 1,439 1,606
<br /> Low HOME Rent 893 969 1,040 1,246 1,439 1,606 effecitve 5/1/2014
<br /> High HOME Limit* 893 1,191 1,334 1,602 1,842 2,035 effecitve 5/1/2014
<br /> HERA Special VLI (50%AMI)*"" HERA Spec.Rents-Go to www.treasurer.ca.gov/ctac/2014/supplmental.asp
<br /> HERA Special Limit(60%AMI)**"
<br /> Low* 2014 Rent data not available as of date of prep of this schedule.
<br /> HUD Fair Market Rent(MFR) 1,191 1,551 1,956 2,657 3,212 HUD-published Fair Market Rents
<br /> Median 1,936 2,076 2,492 2,878 3,212 CA Tax Credit Rent Limits for Median Inc.Group
<br /> NOTES
<br /> * Income figures provided by HUD for following San Mateo County federal entitlement programs: CDBG, HOME, ESG.
<br /> *** For San Mateo County,the Housing&Economic Recovery Act of 2008(HERA)&the HUD 2010 HOME hold-harmless provision permit
<br /> multifamily tax subsidy projects(MTSPs)&HOME projects placed in service before 1/1/2009 to continue to use HOME/tax credit/tax exempt
<br /> bond rents based on the highest income levels that project ever operated under. Once these units are placed in service,the rents will not
<br /> adjust downward should HUD establish lower incomes/rents in any subsequent year. Marketing of vacant units should be targeted to the
<br /> current year's income schedule.
<br /> *+ SROs with-0-or 1 of the following-sanitary or food preparation facility in unit; if 5+SRO HOME-assisted units,then at least 20%of units to
<br /> be occupied by persons with incomes up to 50%AMI.
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