The 2012 income limits for projects financed with low-income housing tax credits (LIHTCs) and tax-exempt bonds have been released. The new limits are effective Dec. 1, 2011.
The income limits used to determine qualification levels as well as maximum rental rates for LIHTC projects are presented separately from Sec. 8 figures. The data for tax credit projects is referred to as the “multifamily tax subsidy project income limits.”
Background materials can be found at http://www.huduser.org/portal/datasets/mtsp/mtsp12/MTSP_BriefingReport_v2.PDF.
