GARFIELD COUNTY Effective: 2/11/05 to 3/7/06 (ARCHIVE)

2005 Median Income: $51,000


Maximum HOUSEHOLD INCOME for All Tax Credit and Bond Financed Properties
(Table A, B, & C Properties)
Set-Aside %1 Person2 People3 People4 People5 People6 People7 People8 People
80 %$28,560$32,640$36,720$40,800$44,080$47,360$50,560$53,840
60 %$21,420$24,480$27,540$30,600$33,060$35,520$37,920$40,380
50 %$17,850$20,400$22,950$25,500$27,550$29,600$31,600$33,650
45 %$16,065$18,360$20,655$22,950$24,795$26,640$28,440$30,285
40 %$14,280$16,320$18,360$20,400$22,040$23,680$25,280$26,920
35 %$12,495$14,280$16,065$17,850$19,285$20,720$22,120$23,555
30 %$10,710$12,240$13,770$15,300$16,530$17,760$18,960$20,190


Maximum RENTS for Projects Based on UNIT SIZE
Low-Income Housing Tax Credit Program

(Used for projects that received allocations in 1990 and after or pre-1990 projects
which elected to switch in February 1994.)
Set-Aside %Studio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5 Bedroom
60 %$535$573$688$795$888$978
50 %$446$478$573$663$740$815
45 %$401$430$516$596$666$734
40 %$357$382$459$530$592$652
35 %$312$334$401$464$518$570
30 %$267$286$344$397$444$489


Maximum RENTS for Projects Based on HOUSEHOLD SIZE
Low-Income Housing Tax Credit Program

(Used for projects that received allocations in 1989 and prior.)
Set-Aside %1 Person2 People3 People4 People5 People6 People7 People8 People
60 %$535$612$688$765$826$888$948$1,009
50 %$446$510$573$637$688$740$790$841
45 %$401$459$516$573$619$666$711$757
40 %$357$408$459$510$551$592$632$673
35 %$312$357$401$446$482$518$553$588
30 %$267$306$344$382$413$444$474$504