Novogradac Rent & Income Limit Calculator© Updated With FY 2020 Data

Monday, April 13, 2020 - 10:15am

The Novogradac Rent & Income Limit Calculator© is updated in the beta version to include fiscal year (FY) 2020 rent and income limit data that was released March 31 with an effective date of April 1 by the U.S. Department of Housing and Urban Development (HUD). Using the HUD-published data, the Novogradac Rent & Income Limit Calculator© will calculate low-income housing tax credit (LIHTC) rent and income limits for every county and every metropolitan statistical area in the United States.

If you have questions about income limits or would like to engage Novogradac to calculate rent and income limits for your property, contact Thomas Stagg at [email protected].

In addition, Novogradac will host a 2020 HUD Rent and Income Limits and Your Tax Credit Property Webinar at 10 a.m. on April 24. The webinar will review the effects of HUD-published income limits on LIHTC properties—especially in a post-COVID-19 environment—and will focus particularly on the updates from the newly published limits.