Cities Index.
Attachment 1 - SMC 2021 Income Limits.pdf

Special Housing Standing Committee of the City Council and Planning Commission
January 24, 2022

Document
Attachment 1 - SMC 2021 Income Limits.pdf
Meeting
January 24, 2022
Body
Special Housing Standing Committee of the City Council and Planning Commission
Original file
107 KB
Text extracted from the city's file for reading and search. Open the original on ci-ssf-ca.legistar1.com. That file is the official record.

revised 04/30/2021
For HUD-funded programs, use the Federal Income Schedule. For State or locally-funded programs, you may use the State Income Schedule. For programs funded with both federal and state funds, use the more stringent income levels.

Please verify the income and rent figures in use for specific programs.

San Mateo County Income Limits (based on Federal Income Limits for SMC) Effective 4/30/2021 - Area median Income $149,600 (based on household of 4) Income Category 1 2 3 4 5 6 7 8
Extremely Low (30% AMI) * $ 38,400 $ 43,850 $ 49,350 $ 54,800 $ 59,200 $ 63,600 $ 68,000 $ 72,350 Very Low (50% AMI) * $ 63,950 $ 73,100 $ 82,250 $ 91,350 $ 98,700 $ 106,000 $ 113,300 $ 120,600 Low (80% AMI) * $ 102,450 $ 117,100 $ 131,750 $ 146,350 $ 158,100 $ 169,800 $ 181,500 $ 193,200 Median (100% AMI) $ 104,700 $ 119,700 $ 134,650 $ 149,600 $ 161,550 $ 173,550 $ 185,500 $ 197,450 Moderate (120% AMI) $ 125,650 $ 143,600 $ 161,550 $ 179,500 $ 193,850 $ 208,200 $ 222,600 $ 236,950 NOTES
* 2021 State Income limits provided by State of California Department of Housing and Community Development 2021 San Mateo County Income Limits
as determined by HUD - effective June 28, 2021
Income Limits by Family Size ($)
Income limits effective 04/01/2021.

Please verify the income and rent figures in use for specific programs.

NOTES
Income Category 1 2 3 4 5 6 7 8
Extremely Low (30% AMI) * $ 38,400 $ 43,850 $ 49,350 $ 54,800 $ 59,200 $ 63,600 $ 68,000 $ 72,350 Very Low (50% AMI) * $ 63,950 $ 73,100 $ 82,250 $ 91,350 $ 98,700 $ 106,000 $ 113,300 $ 120,600 HOME Limit (60% AMI) * $ 76,740 $ 87,720 $ 98,700 $ 109,620 $ 118,440 $ 127,200 $ 135,960 $ 144,720 HERA Special VLI (50% AMI) *** $ 63,950 $ 73,100 $ 82,250 $ 91,350 $ 98,700 $ 106,000 $ 113,300 $ 120,600 See Note regarding HERA for FY2021*** HERA Special Limit (60% AMI) *** $ 76,740 $ 87,720 $ 98,700 $ 109,620 $ 118,440 $ 127,200 $ 135,960 $ 144,720 See Note regarding HERA for FY2021*** Low (80% AMI) * $ 102,450 $ 117,100 $ 131,750 $ 146,350 $ 158,100 $ 169,800 $ 181,500 $ 193,200 State Median (100% AMI) $ 104,700 $ 119,700 $ 134,650 $ 149,600 $ 161,550 $ 173,550 $ 185,500 $ 197,450 Income Category SRO *+ Studio 1-BR 2-BR 3-BR 4-BR
Extremely Low * $ 959 $ 1,027 $ 1,233 $ 1,425 $ 1,590
Very Low * $ 1,598 $ 1,713 $ 2,056 $ 2,375 $ 2,650
Low HOME Limit* $ 1,598 $ 1,713 $ 2,056 $ 2,375 $ 2,650 effective 6/01/2021; 2021 HOME Limit High HOME Limit (65%)* $ 2,078 $ 2,227 $ 2,673 $ 3,088 $ 3,445 effective 6/01/2021; 2021 HOME Limit HERA Special VLI (50% AMI) *** $ 1,598 $ 1,713 $ 2,056 $ 2,375 $ 2,650 HERA Special Limit (60% AMI) *** $ 1,918 $ 2,055 $ 2,467 $ 2,850 $ 3,180 Low** $ 2,558 $ 2,741 $ 3,290 $ 3,801 $ 4,240 CA Tax Credit Rent limits: Low & Med Income Group HUD Fair Market Rent (FMR) $ 2,350 $ 2,923 $ 3,553 $ 4,567 $ 4,970 HUD-published Fair Market Rents Median ** $ 3,196 $ 3,426 $ 4,112 $ 4,750 $ 5,300 CA Tax Credit Rent limits: Low & Med Income Group NOTES
CA Tax Credit Rent Limits for Low and Median Income Group Income figures provided by HUD for following San Mateo County federal entitlement programs: CDBG, HOME, ESG.

For San Mateo County, the Housing & Economic Recovery Act of 2008 (HERA) & the HUD 2010 HOME hold-harmless provision permit multifamily tax 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 be 2021 San Mateo County Income Limits
as determined by HUD, State of CA HCD, and County of San Mateo HUD-defined Area Median Income $149,600 (based on householdof 4). State defined median $149,600 (household of 4) due to hold harmless policy.

Income Limits by Family Size ($)
Maximum Affordable Rent Payment ($)
OTHER NOTES (generic)
High HOME Limit rent set at lower of: (a) 30% of 60% AMI,or (b) FMR (HUD Fair Market Rent).

For 2011, the FMR for Studio is the lower rent.

Table below provides rent guidance on appropriate income schedule to use:

Rent schedules at https://www.huduser.gov/portal/pdrdatas_landing.html for additional information as well as the various income schedules. Please also refer to 4/01/2019 to 4/01/2020 2019
4/01/2020 to 4/01/2021 2020
4/01/2021 to present 2021
03/28/2016 - 4/14/2017 2016
04/14/2017 to 3/31/18 2017
4/01/2018 - 3/31/2019 to present 2018
12/01/2012 - 12/17/2013 2013
12/18/2013 - 03/05/2015 2014
03/06/2015 - 03/27/16 2015
5/14/2010 - 5/31/2011 2012
6/1/2011 - 11/30/2011 2012
12/01/2011 - 11/30/2012 2012
Placed in Service Date Maximum Inc. Limits Schedule
On or before 12/31/2008 2018 HERA Special
1/1/2009 to 5/13/2010 2009
Maximum affordable rent based on 30% of monthly income and all utlilites paid by landlord unless further adjusted by HUD. Utliity allowances for tenantRent Calcuations - The following is the assumed family size for each unit: Studio:1 person 1-BR:1.5 persons 2-BR:3 3-BR: 4.5 4-BR:6

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