Low Income Housing Tax Credit Program Income and Rent Limits
Effective Date: April 1, 2024 (*See Note Below)
Garrett County
County
FY 2024 Median Family Income: 86,600
4 person 50% limit= 43,300
1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
20% 12140 13860 15600 17320 18720 20100 21480 22880
30% 18210 20790 23400 25980 28080 30150 32220 34320
40% 24280 27720 31200 34640 37440 40200 42960 45760
50% 30350 34650 39000 43300 46800 50250 53700 57200
60% 36420 41580 46800 51960 56160 60300 64440 68640
70% 42490 48510 54600 60620 65520 70350 75180 80080
80% 48560 55440 62400 69280 74880 80400 85920 91520
1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
20% 303 346 390 433 468 502 537 572
30% 455 519 585 649 702 753 805 858
40% 607 693 780 866 936 1005 1074 1144
50% 758 866 975 1082 1170 1256 1342 1430
60% 910 1039 1170 1299 1404 1507 1611 1716
70% 1062 1212 1365 1515 1638 1758 1879 2002
80% 1214 1386 1560 1732 1872 2010 2148 2288
0-BR 1-BR 2-BR 3-BR 4-BR 5-BR
20% 303 325 390 450 502 554
30% 455 487 585 675 753 831
40% 607 650 780 901 1005 1109
50% 758 812 975 1126 1256 1386
60% 910 975 1170 1351 1507 1663
70% 1062 1137 1365 1576 1758 1940
80% 1214 1300 1560 1802 2010 2218
Somerset County
County
FY 2024 Median Family Income: 70,300
4 person 50% limit= 42,500
1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
20% 11900 13600 15300 17000 18360 19720 21080 22440
30% 17850 20400 22950 25500 27540 29580 31620 33660
40% 23800 27200 30600 34000 36720 39440 42160 44880
50% 29750 34000 38250 42500 45900 49300 52700 56100
60% 35700 40800 45900 51000 55080 59160 63240 67320
70% 41650 47600 53550 59500 64260 69020 73780 78540
80% 47600 54400 61200 68000 73440 78880 84320 89760
1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
20% 297 340 382 425 459 493 527 561
30% 446 510 573 637 688 739 790 841
40% 595 680 765 850 918 986 1054 1122
50% 743 850 956 1062 1147 1232 1317 1402
60% 892 1020 1147 1275 1377 1479 1581 1683
70% 1041 1190 1338 1487 1606 1725 1844 1963
80% 1190 1360 1530 1700 1836 1972 2108 2244
0-BR 1-BR 2-BR 3-BR 4-BR 5-BR
20% 297 318 382 442 493 544
30% 446 478 573 663 739 816
40% 595 637 765 884 986 1088
50% 743 796 956 1105 1232 1360
60% 892 956 1147 1326 1479 1632
70% 1041 1115 1338 1547 1725 1904
80% 1190 1275 1530 1768 1972 2176
Kent County
County
FY 2024 Median Family Income: 109,700
4 person 50% limit= 51,050
1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
20% 14300 16340 18380 20420 22060 23700 25340 26960
30% 21450 24510 27570 30630 33090 35550 38010 40440
40% 28600 32680 36760 40840 44120 47400 50680 53920
50% 35750 40850 45950 51050 55150 59250 63350 67400
60% 42900 49020 55140 61260 66180 71100 76020 80880
Income Limits Per HH Size
Income Limits Per HH Size
Income Limits Per HH Size