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

2005 Median Income: $56,700


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 %$31,760$36,320$40,800$45,360$48,960$52,640$56,240$59,840
60 %$23,820$27,240$30,600$34,020$36,720$39,480$42,180$44,880
50 %$19,850$22,700$25,500$28,350$30,600$32,900$35,150$37,400
45 %$17,865$20,430$22,950$25,515$27,540$29,610$31,635$33,660
40 %$15,880$18,160$20,400$22,680$24,480$26,320$28,120$29,920
35 %$13,895$15,890$17,850$19,845$21,420$23,030$24,605$26,180
30 %$11,910$13,620$15,300$17,010$18,360$19,740$21,090$22,440


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 %$595$638$765$884$987$1,088
50 %$496$531$637$736$822$906
45 %$446$478$573$663$740$816
40 %$397$425$510$589$658$725
35 %$347$372$446$515$575$634
30 %$297$319$382$442$493$544


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 %$595$681$765$850$918$987$1,054$1,122
50 %$496$567$637$708$765$822$878$935
45 %$446$510$573$637$688$740$790$841
40 %$397$454$510$567$612$658$703$748
35 %$347$397$446$496$535$575$615$654
30 %$297$340$382$425$459$493$527$561