memorandum...colorado housing and finance authority 2018 colorado county income and rent tables 20%...

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memorandum to: Multifamily Housing Owners and Managers from: Masouda Omar, Manager, Multifamily Program Compliance date: April 10, 2018 subject: 2018 Income Limits and Maximum Rents for Developments with LIHTC and CHFA Loans Attached are the 2018 Colorado income limit and maximum rent tables. The tables are also located online at: www.chfainfo.com/arh/asset/Documents/2018_income_limits.pdf. On March 30, 2018, HUD released the FY2018 HUD Program income limits and the Multifamily Tax Subsidy Program income limits, effective April 1, 2018. IRS Revenue Ruling 94-57 allows taxpayers (i.e., LIHTC project owners) to rely on the previous year’s income limits and maximum rents until 45 days after HUD has released new income limits. Therefore, the 2018 income and rent limits must be implemented no later than May 14, 2018. The same timeframe applies to multifamily developments financed with loans through CHFA. Exceptions for LIHTC projects: Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from decreases in limits. To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date. · In 2018, HERA limits are still in place in many counties. To apply HERA limits, a LIHTC project must have PIS as of 12.31.2008. · Remember, once your LIHTC project is placed in service, it is NOT subject to any decrease in limits. To be “held harmless,” a LIHTC project must have placed in service prior to the implementation date of the new limits. This year, LIHTC projects whose counties experienced a decrease in limits AND placed in service before 05.14.2018 may continue to apply the same limits they used in 2017. · New projects that place in service on or after 05.14.2018 must use the 2018 income limits. · Note: HERA limits and hold harmless limits do not apply to properties that were not financed with LIHTC (e.g., properties with only HUD or CHFA loans). Multifamily projects that do not have LIHTC must use the 2018 limits. Utility Allowance Reminder: Gross rents (tenant rent + utility allowance + non-optional fees) may not exceed the applicable maximum rent. As a reminder, updated utility allowances must be implemented no sooner and no later than the first day immediately following the 90-day resident notification period that begins with the new utility allowance schedule’s effective date. For detailed guidance, see CHFA’s Utility Allowance Memo at www.chfainfo.com/arh/asset/mfl_lihtc_resources/utility_allowance.pdf. To remain compliant when allowances increase and tenant rent must be decreased not to exceed the maximum rent, ensure that rents are lowered immediately following the 90-day period. Do not wait until a household is due for annual recertification to make this adjustment. If you have any questions, please contact your Program Compliance Officer.

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Page 1: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

memorandum

to: Multifamily Housing Owners and Managers

from: Masouda Omar, Manager, Multifamily Program Compliance

date: April 10, 2018

subject: 2018 Income Limits and Maximum Rents for Developments with LIHTC and CHFA Loans

Attached are the 2018 Colorado income limit and maximum rent tables. The tables are also located online at:www.chfainfo.com/arh/asset/Documents/2018_income_limits.pdf.

On March 30, 2018, HUD released the FY2018 HUD Program income limits and the Multifamily Tax Subsidy Programincome limits, effective April 1, 2018. IRS Revenue Ruling 94-57 allows taxpayers (i.e., LIHTC project owners) to rely onthe previous year’s income limits and maximum rents until 45 days after HUD has released new income limits.Therefore, the 2018 income and rent limits must be implemented no later than May 14, 2018. The same timeframeapplies to multifamily developments financed with loans through CHFA.

Exceptions for LIHTC projects: Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “heldharmless” from decreases in limits. To identify the correct limits for your LIHTC project, it is essential to know its placedin service (PIS) date.

· In 2018, HERA limits are still in place in many counties. To apply HERA limits, a LIHTC project must have PIS as of12.31.2008.

· Remember, once your LIHTC project is placed in service, it is NOT subject to any decrease in limits. To be “heldharmless,” a LIHTC project must have placed in service prior to the implementation date of the new limits. This year,LIHTC projects whose counties experienced a decrease in limits AND placed in service before 05.14.2018 maycontinue to apply the same limits they used in 2017.

· New projects that place in service on or after 05.14.2018 must use the 2018 income limits.

· Note: HERA limits and hold harmless limits do not apply to properties that were not financed with LIHTC (e.g.,properties with only HUD or CHFA loans). Multifamily projects that do not have LIHTC must use the 2018 limits.

Utility Allowance Reminder: Gross rents (tenant rent + utility allowance + non-optional fees) may not exceed theapplicable maximum rent. As a reminder, updated utility allowances must be implemented no sooner and no later thanthe first day immediately following the 90-day resident notification period that begins with the new utility allowanceschedule’s effective date. For detailed guidance, see CHFA’s Utility Allowance Memo atwww.chfainfo.com/arh/asset/mfl_lihtc_resources/utility_allowance.pdf.

To remain compliant when allowances increase and tenant rent must be decreased not to exceed the maximum rent,ensure that rents are lowered immediately following the 90-day period. Do not wait until a household is due for annualrecertification to make this adjustment.

If you have any questions, please contact your Program Compliance Officer.

Page 2: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

Adams 120% 1,890 2,025 2,430 2,805 3,129 75,600 86,400 97,200 107,880 116,520 125,160 133,800 142,440Adams 100% 1,575 1,687 2,025 2,337 2,607 63,000 72,000 81,000 89,900 97,100 104,300 111,500 118,700Adams 80% 1,260 1,350 1,620 1,870 2,086 50,400 57,600 64,800 71,920 77,680 83,440 89,200 94,960Adams 70% 1,102 1,181 1,417 1,636 1,825 44,100 50,400 56,700 62,930 67,970 73,010 78,050 83,090Adams 65% 1,023 1,096 1,316 1,519 1,694 40,950 46,800 52,650 58,435 63,115 67,795 72,475 77,155Adams 60% 945 1,012 1,215 1,402 1,564 37,800 43,200 48,600 53,940 58,260 62,580 66,900 71,220Adams 55% 866 928 1,113 1,285 1,434 34,650 39,600 44,550 49,445 53,405 57,365 61,325 65,285Adams 50% 787 843 1,012 1,168 1,303 31,500 36,000 40,500 44,950 48,550 52,150 55,750 59,350Adams 45% 708 759 911 1,051 1,173 28,350 32,400 36,450 40,455 43,695 46,935 50,175 53,415Adams 40% 630 675 810 935 1,043 25,200 28,800 32,400 35,960 38,840 41,720 44,600 47,480Adams 30% 472 506 607 701 782 18,900 21,600 24,300 26,970 29,130 31,290 33,450 35,610Adams 20% 315 337 405 467 521 12,600 14,400 16,200 17,980 19,420 20,860 22,300 23,740Alamosa 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Alamosa 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Alamosa 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Alamosa 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Alamosa 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Alamosa 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Alamosa 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Alamosa 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Alamosa 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Alamosa 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Alamosa 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Alamosa 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Arapahoe 120% 1,890 2,025 2,430 2,805 3,129 75,600 86,400 97,200 107,880 116,520 125,160 133,800 142,440Arapahoe 100% 1,575 1,687 2,025 2,337 2,607 63,000 72,000 81,000 89,900 97,100 104,300 111,500 118,700Arapahoe 80% 1,260 1,350 1,620 1,870 2,086 50,400 57,600 64,800 71,920 77,680 83,440 89,200 94,960Arapahoe 70% 1,102 1,181 1,417 1,636 1,825 44,100 50,400 56,700 62,930 67,970 73,010 78,050 83,090Arapahoe 65% 1,023 1,096 1,316 1,519 1,694 40,950 46,800 52,650 58,435 63,115 67,795 72,475 77,155Arapahoe 60% 945 1,012 1,215 1,402 1,564 37,800 43,200 48,600 53,940 58,260 62,580 66,900 71,220Arapahoe 55% 866 928 1,113 1,285 1,434 34,650 39,600 44,550 49,445 53,405 57,365 61,325 65,285Arapahoe 50% 787 843 1,012 1,168 1,303 31,500 36,000 40,500 44,950 48,550 52,150 55,750 59,350Arapahoe 45% 708 759 911 1,051 1,173 28,350 32,400 36,450 40,455 43,695 46,935 50,175 53,415Arapahoe 40% 630 675 810 935 1,043 25,200 28,800 32,400 35,960 38,840 41,720 44,600 47,480Arapahoe 30% 472 506 607 701 782 18,900 21,600 24,300 26,970 29,130 31,290 33,450 35,610Arapahoe 20% 315 337 405 467 521 12,600 14,400 16,200 17,980 19,420 20,860 22,300 23,740

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

1 of 27 Implementation Cutoff Date: May 14, 2018

Page 3: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Archuleta Y 60% 781 837 1,005 1,161 1,296 31,260 35,760 40,200 44,640 48,240 51,840 55,380 58,980Archuleta Y 55% 716 767 921 1,064 1,188 28,655 32,780 36,850 40,920 44,220 47,520 50,765 54,065Archuleta Y 50% 651 698 837 967 1,080 26,050 29,800 33,500 37,200 40,200 43,200 46,150 49,150Archuleta Y 45% 586 628 753 870 972 23,445 26,820 30,150 33,480 36,180 38,880 41,535 44,235Archuleta Y 40% 521 558 670 774 864 20,840 23,840 26,800 29,760 32,160 34,560 36,920 39,320Archuleta Y 30% 390 418 502 580 648 15,630 17,880 20,100 22,320 24,120 25,920 27,690 29,490Archuleta 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Archuleta 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Archuleta 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Archuleta 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Archuleta 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Archuleta 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Archuleta 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Archuleta 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Archuleta 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Archuleta 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Archuleta 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Archuleta 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Baca 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Baca 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Baca 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Baca 70% 826 943 1,060 1,177 1,272 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Baca 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Baca 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Baca 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Baca 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Baca 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Baca 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Baca 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Baca 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

2 of 27 Implementation Cutoff Date: May 14, 2018

Page 4: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Bent 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Bent 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Bent 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Bent 70% 826 943 1,060 1,177 1,272 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Bent 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Bent 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Bent 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Bent 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Bent 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Bent 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Bent 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Bent 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Boulder Y 60% 1,168 1,251 1,501 1,734 1,935 46,740 53,400 60,060 66,720 72,060 77,400 82,740 88,080Boulder Y 55% 1,071 1,147 1,376 1,590 1,773 42,845 48,950 55,055 61,160 66,055 70,950 75,845 80,740Boulder Y 50% 973 1,043 1,251 1,445 1,612 38,950 44,500 50,050 55,600 60,050 64,500 68,950 73,400Boulder Y 45% 876 938 1,126 1,301 1,451 35,055 40,050 45,045 50,040 54,045 58,050 62,055 66,060Boulder Y 40% 779 834 1,001 1,156 1,290 31,160 35,600 40,040 44,480 48,040 51,600 55,160 58,720Boulder Y 30% 584 625 750 867 967 23,370 26,700 30,030 33,360 36,030 38,700 41,370 44,040Boulder 120% 2,283 2,445 2,934 3,388 3,780 91,320 104,280 117,360 130,320 140,760 151,200 161,640 172,080Boulder 100% 1,902 2,037 2,445 2,823 3,150 76,100 86,900 97,800 108,600 117,300 126,000 134,700 143,400Boulder 80% 1,522 1,630 1,956 2,259 2,520 60,880 69,520 78,240 86,880 93,840 100,800 107,760 114,720Boulder 70% 1,331 1,426 1,711 1,976 2,205 53,270 60,830 68,460 76,020 82,110 88,200 94,290 100,380Boulder 65% 1,236 1,324 1,589 1,835 2,047 49,465 56,485 63,570 70,590 76,245 81,900 87,555 93,210Boulder 60% 1,141 1,222 1,467 1,694 1,890 45,660 52,140 58,680 65,160 70,380 75,600 80,820 86,040Boulder 55% 1,046 1,120 1,344 1,553 1,732 41,855 47,795 53,790 59,730 64,515 69,300 74,085 78,870Boulder 50% 951 1,018 1,222 1,411 1,575 38,050 43,450 48,900 54,300 58,650 63,000 67,350 71,700Boulder 45% 856 916 1,100 1,270 1,417 34,245 39,105 44,010 48,870 52,785 56,700 60,615 64,530Boulder 40% 761 815 978 1,129 1,260 30,440 34,760 39,120 43,440 46,920 50,400 53,880 57,360Boulder 30% 570 611 733 847 945 22,830 26,070 29,340 32,580 35,190 37,800 40,410 43,020Boulder 20% 380 407 489 564 630 15,220 17,380 19,560 21,720 23,460 25,200 26,940 28,680

3 of 27 Implementation Cutoff Date: May 14, 2018

Page 5: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Broomfield 120% 1,890 2,025 2,430 2,805 3,129 75,600 86,400 97,200 107,880 116,520 125,160 133,800 142,440Broomfield 100% 1,575 1,687 2,025 2,337 2,607 63,000 72,000 81,000 89,900 97,100 104,300 111,500 118,700Broomfield 80% 1,260 1,350 1,620 1,870 2,086 50,400 57,600 64,800 71,920 77,680 83,440 89,200 94,960Broomfield 70% 1,102 1,181 1,417 1,636 1,825 44,100 50,400 56,700 62,930 67,970 73,010 78,050 83,090Broomfield 65% 1,023 1,096 1,316 1,519 1,694 40,950 46,800 52,650 58,435 63,115 67,795 72,475 77,155Broomfield 60% 945 1,012 1,215 1,402 1,564 37,800 43,200 48,600 53,940 58,260 62,580 66,900 71,220Broomfield 55% 866 928 1,113 1,285 1,434 34,650 39,600 44,550 49,445 53,405 57,365 61,325 65,285Broomfield 50% 787 843 1,012 1,168 1,303 31,500 36,000 40,500 44,950 48,550 52,150 55,750 59,350Broomfield 45% 708 759 911 1,051 1,173 28,350 32,400 36,450 40,455 43,695 46,935 50,175 53,415Broomfield 40% 630 675 810 935 1,043 25,200 28,800 32,400 35,960 38,840 41,720 44,600 47,480Broomfield 30% 472 506 607 701 782 18,900 21,600 24,300 26,970 29,130 31,290 33,450 35,610Broomfield 20% 315 337 405 467 521 12,600 14,400 16,200 17,980 19,420 20,860 22,300 23,740Chaffee Y 60% 729 781 937 1,083 1,209 29,160 33,360 37,500 41,640 45,000 48,360 51,660 55,020Chaffee Y 55% 668 716 859 992 1,108 26,730 30,580 34,375 38,170 41,250 44,330 47,355 50,435Chaffee Y 50% 607 651 781 902 1,007 24,300 27,800 31,250 34,700 37,500 40,300 43,050 45,850Chaffee Y 45% 546 586 703 812 906 21,870 25,020 28,125 31,230 33,750 36,270 38,745 41,265Chaffee Y 40% 486 521 625 722 806 19,440 22,240 25,000 27,760 30,000 32,240 34,440 36,680Chaffee Y 30% 364 390 468 541 604 14,580 16,680 18,750 20,820 22,500 24,180 25,830 27,510Chaffee 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Chaffee 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Chaffee 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Chaffee 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Chaffee 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Chaffee 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Chaffee 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Chaffee 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Chaffee 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Chaffee 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Chaffee 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Chaffee 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

4 of 27 Implementation Cutoff Date: May 14, 2018

Page 6: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Cheyenne Y 60% 760 815 978 1,129 1,260 30,420 34,800 39,120 43,440 46,920 50,400 53,880 57,360Cheyenne Y 55% 697 747 896 1,035 1,155 27,885 31,900 35,860 39,820 43,010 46,200 49,390 52,580Cheyenne Y 50% 633 679 815 941 1,050 25,350 29,000 32,600 36,200 39,100 42,000 44,900 47,800Cheyenne Y 45% 570 611 733 847 945 22,815 26,100 29,340 32,580 35,190 37,800 40,410 43,020Cheyenne Y 40% 507 543 652 753 840 20,280 23,200 26,080 28,960 31,280 33,600 35,920 38,240Cheyenne Y 30% 380 407 489 564 630 15,210 17,400 19,560 21,720 23,460 25,200 26,940 28,680Cheyenne 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Cheyenne 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Cheyenne 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Cheyenne 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Cheyenne 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Cheyenne 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Cheyenne 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Cheyenne 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Cheyenne 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Cheyenne 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Cheyenne 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Cheyenne 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Clear Creek 120% 1,890 2,025 2,430 2,805 3,129 75,600 86,400 97,200 107,880 116,520 125,160 133,800 142,440Clear Creek 100% 1,575 1,687 2,025 2,337 2,607 63,000 72,000 81,000 89,900 97,100 104,300 111,500 118,700Clear Creek 80% 1,260 1,350 1,620 1,870 2,086 50,400 57,600 64,800 71,920 77,680 83,440 89,200 94,960Clear Creek 70% 1,102 1,181 1,417 1,636 1,825 44,100 50,400 56,700 62,930 67,970 73,010 78,050 83,090Clear Creek 65% 1,023 1,096 1,316 1,519 1,694 40,950 46,800 52,650 58,435 63,115 67,795 72,475 77,155Clear Creek 60% 945 1,012 1,215 1,402 1,564 37,800 43,200 48,600 53,940 58,260 62,580 66,900 71,220Clear Creek 55% 866 928 1,113 1,285 1,434 34,650 39,600 44,550 49,445 53,405 57,365 61,325 65,285Clear Creek 50% 787 843 1,012 1,168 1,303 31,500 36,000 40,500 44,950 48,550 52,150 55,750 59,350Clear Creek 45% 708 759 911 1,051 1,173 28,350 32,400 36,450 40,455 43,695 46,935 50,175 53,415Clear Creek 40% 630 675 810 935 1,043 25,200 28,800 32,400 35,960 38,840 41,720 44,600 47,480Clear Creek 30% 472 506 607 701 782 18,900 21,600 24,300 26,970 29,130 31,290 33,450 35,610Clear Creek 20% 315 337 405 467 521 12,600 14,400 16,200 17,980 19,420 20,860 22,300 23,740

5 of 27 Implementation Cutoff Date: May 14, 2018

Page 7: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Conejos Y 60% 822 880 1,056 1,220 1,362 32,880 37,560 42,240 46,920 50,700 54,480 58,200 61,980Conejos Y 55% 753 807 968 1,118 1,248 30,140 34,430 38,720 43,010 46,475 49,940 53,350 56,815Conejos Y 50% 685 733 880 1,016 1,135 27,400 31,300 35,200 39,100 42,250 45,400 48,500 51,650Conejos Y 45% 616 660 792 915 1,021 24,660 28,170 31,680 35,190 38,025 40,860 43,650 46,485Conejos Y 40% 548 587 704 813 908 21,920 25,040 28,160 31,280 33,800 36,320 38,800 41,320Conejos Y 30% 411 440 528 610 681 16,440 18,780 21,120 23,460 25,350 27,240 29,100 30,990Conejos 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Conejos 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Conejos 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Conejos 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Conejos 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Conejos 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Conejos 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Conejos 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Conejos 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Conejos 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Conejos 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Conejos 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Costilla Y 60% 784 840 1,009 1,165 1,300 31,380 35,880 40,380 44,820 48,420 52,020 55,620 59,220Costilla Y 55% 719 770 925 1,068 1,192 28,765 32,890 37,015 41,085 44,385 47,685 50,985 54,285Costilla Y 50% 653 700 841 971 1,083 26,150 29,900 33,650 37,350 40,350 43,350 46,350 49,350Costilla Y 45% 588 630 757 874 975 23,535 26,910 30,285 33,615 36,315 39,015 41,715 44,415Costilla Y 40% 523 560 673 777 867 20,920 23,920 26,920 29,880 32,280 34,680 37,080 39,480Costilla Y 30% 392 420 504 582 650 15,690 17,940 20,190 22,410 24,210 26,010 27,810 29,610Costilla 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Costilla 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Costilla 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Costilla 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Costilla 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Costilla 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Costilla 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Costilla 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Costilla 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Costilla 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Costilla 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Costilla 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

6 of 27 Implementation Cutoff Date: May 14, 2018

Page 8: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Crowley 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Crowley 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Crowley 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Crowley 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Crowley 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Crowley 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Crowley 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Crowley 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Crowley 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Crowley 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Crowley 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Crowley 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Custer 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Custer 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Custer 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Custer 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Custer 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Custer 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Custer 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Custer 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Custer 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Custer 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Custer 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Custer 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Delta 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Delta 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Delta 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Delta 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Delta 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Delta 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Delta 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Delta 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Delta 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Delta 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Delta 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Delta 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

7 of 27 Implementation Cutoff Date: May 14, 2018

Page 9: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Denver 120% 1,890 2,025 2,430 2,805 3,129 75,600 86,400 97,200 107,880 116,520 125,160 133,800 142,440Denver 100% 1,575 1,687 2,025 2,337 2,607 63,000 72,000 81,000 89,900 97,100 104,300 111,500 118,700Denver 80% 1,260 1,350 1,620 1,870 2,086 50,400 57,600 64,800 71,920 77,680 83,440 89,200 94,960Denver 70% 1,102 1,181 1,417 1,636 1,825 44,100 50,400 56,700 62,930 67,970 73,010 78,050 83,090Denver 65% 1,023 1,096 1,316 1,519 1,694 40,950 46,800 52,650 58,435 63,115 67,795 72,475 77,155Denver 60% 945 1,012 1,215 1,402 1,564 37,800 43,200 48,600 53,940 58,260 62,580 66,900 71,220Denver 55% 866 928 1,113 1,285 1,434 34,650 39,600 44,550 49,445 53,405 57,365 61,325 65,285Denver 50% 787 843 1,012 1,168 1,303 31,500 36,000 40,500 44,950 48,550 52,150 55,750 59,350Denver 45% 708 759 911 1,051 1,173 28,350 32,400 36,450 40,455 43,695 46,935 50,175 53,415Denver 40% 630 675 810 935 1,043 25,200 28,800 32,400 35,960 38,840 41,720 44,600 47,480Denver 30% 472 506 607 701 782 18,900 21,600 24,300 26,970 29,130 31,290 33,450 35,610Denver 20% 315 337 405 467 521 12,600 14,400 16,200 17,980 19,420 20,860 22,300 23,740Dolores Y 60% 724 776 931 1,077 1,201 28,980 33,120 37,260 41,400 44,760 48,060 51,360 54,660Dolores Y 55% 664 711 853 987 1,101 26,565 30,360 34,155 37,950 41,030 44,055 47,080 50,105Dolores Y 50% 603 646 776 897 1,001 24,150 27,600 31,050 34,500 37,300 40,050 42,800 45,550Dolores Y 45% 543 582 698 807 901 21,735 24,840 27,945 31,050 33,570 36,045 38,520 40,995Dolores Y 40% 483 517 621 718 801 19,320 22,080 24,840 27,600 29,840 32,040 34,240 36,440Dolores Y 30% 362 388 465 538 600 14,490 16,560 18,630 20,700 22,380 24,030 25,680 27,330Dolores 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Dolores 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Dolores 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Dolores 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Dolores 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Dolores 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Dolores 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Dolores 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Dolores 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Dolores 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Dolores 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Dolores 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

8 of 27 Implementation Cutoff Date: May 14, 2018

Page 10: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Douglas 120% 1,890 2,025 2,430 2,805 3,129 75,600 86,400 97,200 107,880 116,520 125,160 133,800 142,440Douglas 100% 1,575 1,687 2,025 2,337 2,607 63,000 72,000 81,000 89,900 97,100 104,300 111,500 118,700Douglas 80% 1,260 1,350 1,620 1,870 2,086 50,400 57,600 64,800 71,920 77,680 83,440 89,200 94,960Douglas 70% 1,102 1,181 1,417 1,636 1,825 44,100 50,400 56,700 62,930 67,970 73,010 78,050 83,090Douglas 65% 1,023 1,096 1,316 1,519 1,694 40,950 46,800 52,650 58,435 63,115 67,795 72,475 77,155Douglas 60% 945 1,012 1,215 1,402 1,564 37,800 43,200 48,600 53,940 58,260 62,580 66,900 71,220Douglas 55% 866 928 1,113 1,285 1,434 34,650 39,600 44,550 49,445 53,405 57,365 61,325 65,285Douglas 50% 787 843 1,012 1,168 1,303 31,500 36,000 40,500 44,950 48,550 52,150 55,750 59,350Douglas 45% 708 759 911 1,051 1,173 28,350 32,400 36,450 40,455 43,695 46,935 50,175 53,415Douglas 40% 630 675 810 935 1,043 25,200 28,800 32,400 35,960 38,840 41,720 44,600 47,480Douglas 30% 472 506 607 701 782 18,900 21,600 24,300 26,970 29,130 31,290 33,450 35,610Douglas 20% 315 337 405 467 521 12,600 14,400 16,200 17,980 19,420 20,860 22,300 23,740Eagle 120% 1,827 1,957 2,349 2,712 3,027 73,080 83,520 93,960 104,280 112,680 121,080 129,360 137,760Eagle 100% 1,522 1,631 1,957 2,260 2,522 60,900 69,600 78,300 86,900 93,900 100,900 107,800 114,800Eagle 80% 1,218 1,305 1,566 1,808 2,018 48,720 55,680 62,640 69,520 75,120 80,720 86,240 91,840Eagle 70% 1,065 1,141 1,370 1,582 1,765 42,630 48,720 54,810 60,830 65,730 70,630 75,460 80,360Eagle 65% 989 1,060 1,272 1,469 1,639 39,585 45,240 50,895 56,485 61,035 65,585 70,070 74,620Eagle 60% 913 978 1,174 1,356 1,513 36,540 41,760 46,980 52,140 56,340 60,540 64,680 68,880Eagle 55% 837 897 1,076 1,243 1,387 33,495 38,280 43,065 47,795 51,645 55,495 59,290 63,140Eagle 50% 761 815 978 1,130 1,261 30,450 34,800 39,150 43,450 46,950 50,450 53,900 57,400Eagle 45% 685 734 880 1,017 1,135 27,405 31,320 35,235 39,105 42,255 45,405 48,510 51,660Eagle 40% 609 652 783 904 1,009 24,360 27,840 31,320 34,760 37,560 40,360 43,120 45,920Eagle 30% 456 489 587 678 756 18,270 20,880 23,490 26,070 28,170 30,270 32,340 34,440Eagle 20% 304 326 391 452 504 12,180 13,920 15,660 17,380 18,780 20,180 21,560 22,960El Paso 120% 1,632 1,749 2,100 2,425 2,706 65,280 74,640 84,000 93,240 100,800 108,240 115,680 123,120El Paso 100% 1,360 1,457 1,750 2,021 2,255 54,400 62,200 70,000 77,700 84,000 90,200 96,400 102,600El Paso 80% 1,088 1,166 1,400 1,617 1,804 43,520 49,760 56,000 62,160 67,200 72,160 77,120 82,080El Paso 70% 952 1,020 1,225 1,414 1,578 38,080 43,540 49,000 54,390 58,800 63,140 67,480 71,820El Paso 65% 884 947 1,137 1,313 1,465 35,360 40,430 45,500 50,505 54,600 58,630 62,660 66,690El Paso 60% 816 874 1,050 1,212 1,353 32,640 37,320 42,000 46,620 50,400 54,120 57,840 61,560El Paso 55% 748 801 962 1,111 1,240 29,920 34,210 38,500 42,735 46,200 49,610 53,020 56,430El Paso 50% 680 728 875 1,010 1,127 27,200 31,100 35,000 38,850 42,000 45,100 48,200 51,300El Paso 45% 612 655 787 909 1,014 24,480 27,990 31,500 34,965 37,800 40,590 43,380 46,170El Paso 40% 544 583 700 808 902 21,760 24,880 28,000 31,080 33,600 36,080 38,560 41,040El Paso 30% 408 437 525 606 676 16,320 18,660 21,000 23,310 25,200 27,060 28,920 30,780El Paso 20% 272 291 350 404 451 10,880 12,440 14,000 15,540 16,800 18,040 19,280 20,520

9 of 27 Implementation Cutoff Date: May 14, 2018

Page 11: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Elbert 120% 1,890 2,025 2,430 2,805 3,129 75,600 86,400 97,200 107,880 116,520 125,160 133,800 142,440Elbert 100% 1,575 1,687 2,025 2,337 2,607 63,000 72,000 81,000 89,900 97,100 104,300 111,500 118,700Elbert 80% 1,260 1,350 1,620 1,870 2,086 50,400 57,600 64,800 71,920 77,680 83,440 89,200 94,960Elbert 70% 1,102 1,181 1,417 1,636 1,825 44,100 50,400 56,700 62,930 67,970 73,010 78,050 83,090Elbert 65% 1,023 1,096 1,316 1,519 1,694 40,950 46,800 52,650 58,435 63,115 67,795 72,475 77,155Elbert 60% 945 1,012 1,215 1,402 1,564 37,800 43,200 48,600 53,940 58,260 62,580 66,900 71,220Elbert 55% 866 928 1,113 1,285 1,434 34,650 39,600 44,550 49,445 53,405 57,365 61,325 65,285Elbert 50% 787 843 1,012 1,168 1,303 31,500 36,000 40,500 44,950 48,550 52,150 55,750 59,350Elbert 45% 708 759 911 1,051 1,173 28,350 32,400 36,450 40,455 43,695 46,935 50,175 53,415Elbert 40% 630 675 810 935 1,043 25,200 28,800 32,400 35,960 38,840 41,720 44,600 47,480Elbert 30% 472 506 607 701 782 18,900 21,600 24,300 26,970 29,130 31,290 33,450 35,610Elbert 20% 315 337 405 467 521 12,600 14,400 16,200 17,980 19,420 20,860 22,300 23,740Fremont 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Fremont 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Fremont 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Fremont 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Fremont 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Fremont 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Fremont 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Fremont 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Fremont 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Fremont 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Fremont 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Fremont 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Garfield 120% 1,503 1,609 1,932 2,232 2,490 60,120 68,640 77,280 85,800 92,760 99,600 106,440 113,280Garfield 100% 1,252 1,341 1,610 1,860 2,075 50,100 57,200 64,400 71,500 77,300 83,000 88,700 94,400Garfield 80% 1,002 1,073 1,288 1,488 1,660 40,080 45,760 51,520 57,200 61,840 66,400 70,960 75,520Garfield 70% 876 938 1,127 1,302 1,452 35,070 40,040 45,080 50,050 54,110 58,100 62,090 66,080Garfield 65% 814 871 1,046 1,209 1,348 32,565 37,180 41,860 46,475 50,245 53,950 57,655 61,360Garfield 60% 751 804 966 1,116 1,245 30,060 34,320 38,640 42,900 46,380 49,800 53,220 56,640Garfield 55% 688 737 885 1,023 1,141 27,555 31,460 35,420 39,325 42,515 45,650 48,785 51,920Garfield 50% 626 670 805 930 1,037 25,050 28,600 32,200 35,750 38,650 41,500 44,350 47,200Garfield 45% 563 603 724 837 933 22,545 25,740 28,980 32,175 34,785 37,350 39,915 42,480Garfield 40% 501 536 644 744 830 20,040 22,880 25,760 28,600 30,920 33,200 35,480 37,760Garfield 30% 375 402 483 558 622 15,030 17,160 19,320 21,450 23,190 24,900 26,610 28,320Garfield 20% 250 268 322 372 415 10,020 11,440 12,880 14,300 15,460 16,600 17,740 18,880

10 of 27 Implementation Cutoff Date: May 14, 2018

Page 12: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Gilpin 120% 1,890 2,025 2,430 2,805 3,129 75,600 86,400 97,200 107,880 116,520 125,160 133,800 142,440Gilpin 100% 1,575 1,687 2,025 2,337 2,607 63,000 72,000 81,000 89,900 97,100 104,300 111,500 118,700Gilpin 80% 1,260 1,350 1,620 1,870 2,086 50,400 57,600 64,800 71,920 77,680 83,440 89,200 94,960Gilpin 70% 1,102 1,181 1,417 1,636 1,825 44,100 50,400 56,700 62,930 67,970 73,010 78,050 83,090Gilpin 65% 1,023 1,096 1,316 1,519 1,694 40,950 46,800 52,650 58,435 63,115 67,795 72,475 77,155Gilpin 60% 945 1,012 1,215 1,402 1,564 37,800 43,200 48,600 53,940 58,260 62,580 66,900 71,220Gilpin 55% 866 928 1,113 1,285 1,434 34,650 39,600 44,550 49,445 53,405 57,365 61,325 65,285Gilpin 50% 787 843 1,012 1,168 1,303 31,500 36,000 40,500 44,950 48,550 52,150 55,750 59,350Gilpin 45% 708 759 911 1,051 1,173 28,350 32,400 36,450 40,455 43,695 46,935 50,175 53,415Gilpin 40% 630 675 810 935 1,043 25,200 28,800 32,400 35,960 38,840 41,720 44,600 47,480Gilpin 30% 472 506 607 701 782 18,900 21,600 24,300 26,970 29,130 31,290 33,450 35,610Gilpin 20% 315 337 405 467 521 12,600 14,400 16,200 17,980 19,420 20,860 22,300 23,740Grand 120% 1,596 1,710 2,052 2,368 2,643 63,840 72,960 82,080 91,080 98,400 105,720 113,040 120,240Grand 100% 1,330 1,425 1,710 1,973 2,202 53,200 60,800 68,400 75,900 82,000 88,100 94,200 100,200Grand 80% 1,064 1,140 1,368 1,579 1,762 42,560 48,640 54,720 60,720 65,600 70,480 75,360 80,160Grand 70% 931 997 1,197 1,381 1,541 37,240 42,560 47,880 53,130 57,400 61,670 65,940 70,140Grand 65% 864 926 1,111 1,282 1,431 34,580 39,520 44,460 49,335 53,300 57,265 61,230 65,130Grand 60% 798 855 1,026 1,184 1,321 31,920 36,480 41,040 45,540 49,200 52,860 56,520 60,120Grand 55% 731 783 940 1,085 1,211 29,260 33,440 37,620 41,745 45,100 48,455 51,810 55,110Grand 50% 665 712 855 986 1,101 26,600 30,400 34,200 37,950 41,000 44,050 47,100 50,100Grand 45% 598 641 769 888 991 23,940 27,360 30,780 34,155 36,900 39,645 42,390 45,090Grand 40% 532 570 684 789 881 21,280 24,320 27,360 30,360 32,800 35,240 37,680 40,080Grand 30% 399 427 513 592 660 15,960 18,240 20,520 22,770 24,600 26,430 28,260 30,060Grand 20% 266 285 342 394 440 10,640 12,160 13,680 15,180 16,400 17,620 18,840 20,040Gunnison 120% 1,455 1,558 1,869 2,160 2,409 58,200 66,480 74,760 83,040 89,760 96,360 103,080 109,680Gunnison 100% 1,212 1,298 1,557 1,800 2,007 48,500 55,400 62,300 69,200 74,800 80,300 85,900 91,400Gunnison 80% 970 1,039 1,246 1,440 1,606 38,800 44,320 49,840 55,360 59,840 64,240 68,720 73,120Gunnison 70% 848 909 1,090 1,260 1,405 33,950 38,780 43,610 48,440 52,360 56,210 60,130 63,980Gunnison 65% 788 844 1,012 1,170 1,304 31,525 36,010 40,495 44,980 48,620 52,195 55,835 59,410Gunnison 60% 727 779 934 1,080 1,204 29,100 33,240 37,380 41,520 44,880 48,180 51,540 54,840Gunnison 55% 666 714 856 990 1,104 26,675 30,470 34,265 38,060 41,140 44,165 47,245 50,270Gunnison 50% 606 649 778 900 1,003 24,250 27,700 31,150 34,600 37,400 40,150 42,950 45,700Gunnison 45% 545 584 700 810 903 21,825 24,930 28,035 31,140 33,660 36,135 38,655 41,130Gunnison 40% 485 519 623 720 803 19,400 22,160 24,920 27,680 29,920 32,120 34,360 36,560Gunnison 30% 363 389 467 540 602 14,550 16,620 18,690 20,760 22,440 24,090 25,770 27,420Gunnison 20% 242 259 311 360 401 9,700 11,080 12,460 13,840 14,960 16,060 17,180 18,280

11 of 27 Implementation Cutoff Date: May 14, 2018

Page 13: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Hinsdale 120% 1,626 1,741 2,088 2,412 2,691 65,040 74,280 83,520 92,760 100,200 107,640 115,080 122,520Hinsdale 100% 1,355 1,451 1,740 2,010 2,242 54,200 61,900 69,600 77,300 83,500 89,700 95,900 102,100Hinsdale 80% 1,084 1,161 1,392 1,608 1,794 43,360 49,520 55,680 61,840 66,800 71,760 76,720 81,680Hinsdale 70% 948 1,015 1,218 1,407 1,569 37,940 43,330 48,720 54,110 58,450 62,790 67,130 71,470Hinsdale 65% 880 943 1,131 1,306 1,457 35,230 40,235 45,240 50,245 54,275 58,305 62,335 66,365Hinsdale 60% 813 870 1,044 1,206 1,345 32,520 37,140 41,760 46,380 50,100 53,820 57,540 61,260Hinsdale 55% 745 798 957 1,105 1,233 29,810 34,045 38,280 42,515 45,925 49,335 52,745 56,155Hinsdale 50% 677 725 870 1,005 1,121 27,100 30,950 34,800 38,650 41,750 44,850 47,950 51,050Hinsdale 45% 609 653 783 904 1,009 24,390 27,855 31,320 34,785 37,575 40,365 43,155 45,945Hinsdale 40% 542 580 696 804 897 21,680 24,760 27,840 30,920 33,400 35,880 38,360 40,840Hinsdale 30% 406 435 522 603 672 16,260 18,570 20,880 23,190 25,050 26,910 28,770 30,630Hinsdale 20% 271 290 348 402 448 10,840 12,380 13,920 15,460 16,700 17,940 19,180 20,420Huerfano 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Huerfano 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Huerfano 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Huerfano 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Huerfano 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Huerfano 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Huerfano 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Huerfano 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Huerfano 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Huerfano 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Huerfano 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Huerfano 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

12 of 27 Implementation Cutoff Date: May 14, 2018

Page 14: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Jackson Y 60% 823 882 1,059 1,223 1,365 32,940 37,680 42,360 47,040 50,820 54,600 58,380 62,100Jackson Y 55% 754 809 970 1,121 1,251 30,195 34,540 38,830 43,120 46,585 50,050 53,515 56,925Jackson Y 50% 686 735 882 1,019 1,137 27,450 31,400 35,300 39,200 42,350 45,500 48,650 51,750Jackson Y 45% 617 662 794 917 1,023 24,705 28,260 31,770 35,280 38,115 40,950 43,785 46,575Jackson Y 40% 549 588 706 815 910 21,960 25,120 28,240 31,360 33,880 36,400 38,920 41,400Jackson Y 30% 411 441 529 611 682 16,470 18,840 21,180 23,520 25,410 27,300 29,190 31,050Jackson 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Jackson 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Jackson 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Jackson 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Jackson 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Jackson 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Jackson 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Jackson 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Jackson 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Jackson 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Jackson 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Jackson 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Jefferson 120% 1,890 2,025 2,430 2,805 3,129 75,600 86,400 97,200 107,880 116,520 125,160 133,800 142,440Jefferson 100% 1,575 1,687 2,025 2,337 2,607 63,000 72,000 81,000 89,900 97,100 104,300 111,500 118,700Jefferson 80% 1,260 1,350 1,620 1,870 2,086 50,400 57,600 64,800 71,920 77,680 83,440 89,200 94,960Jefferson 70% 1,102 1,181 1,417 1,636 1,825 44,100 50,400 56,700 62,930 67,970 73,010 78,050 83,090Jefferson 65% 1,023 1,096 1,316 1,519 1,694 40,950 46,800 52,650 58,435 63,115 67,795 72,475 77,155Jefferson 60% 945 1,012 1,215 1,402 1,564 37,800 43,200 48,600 53,940 58,260 62,580 66,900 71,220Jefferson 55% 866 928 1,113 1,285 1,434 34,650 39,600 44,550 49,445 53,405 57,365 61,325 65,285Jefferson 50% 787 843 1,012 1,168 1,303 31,500 36,000 40,500 44,950 48,550 52,150 55,750 59,350Jefferson 45% 708 759 911 1,051 1,173 28,350 32,400 36,450 40,455 43,695 46,935 50,175 53,415Jefferson 40% 630 675 810 935 1,043 25,200 28,800 32,400 35,960 38,840 41,720 44,600 47,480Jefferson 30% 472 506 607 701 782 18,900 21,600 24,300 26,970 29,130 31,290 33,450 35,610Jefferson 20% 315 337 405 467 521 12,600 14,400 16,200 17,980 19,420 20,860 22,300 23,740

13 of 27 Implementation Cutoff Date: May 14, 2018

Page 15: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Kiowa Y 60% 837 896 1,075 1,242 1,386 33,480 38,220 43,020 47,760 51,600 55,440 59,280 63,060Kiowa Y 55% 767 821 985 1,138 1,270 30,690 35,035 39,435 43,780 47,300 50,820 54,340 57,805Kiowa Y 50% 697 746 896 1,035 1,155 27,900 31,850 35,850 39,800 43,000 46,200 49,400 52,550Kiowa Y 45% 627 672 806 931 1,039 25,110 28,665 32,265 35,820 38,700 41,580 44,460 47,295Kiowa Y 40% 558 597 717 828 924 22,320 25,480 28,680 31,840 34,400 36,960 39,520 42,040Kiowa Y 30% 418 448 537 621 693 16,740 19,110 21,510 23,880 25,800 27,720 29,640 31,530Kiowa 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Kiowa 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Kiowa 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Kiowa 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Kiowa 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Kiowa 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Kiowa 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Kiowa 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Kiowa 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Kiowa 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Kiowa 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Kiowa 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Kit Carson 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Kit Carson 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Kit Carson 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Kit Carson 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Kit Carson 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Kit Carson 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Kit Carson 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Kit Carson 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Kit Carson 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Kit Carson 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Kit Carson 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Kit Carson 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

14 of 27 Implementation Cutoff Date: May 14, 2018

Page 16: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

La Plata 120% 1,650 1,767 2,121 2,449 2,733 66,000 75,360 84,840 94,200 101,760 109,320 116,880 124,440La Plata 100% 1,375 1,472 1,767 2,041 2,277 55,000 62,800 70,700 78,500 84,800 91,100 97,400 103,700La Plata 80% 1,100 1,178 1,414 1,633 1,822 44,000 50,240 56,560 62,800 67,840 72,880 77,920 82,960La Plata 70% 962 1,030 1,237 1,428 1,594 38,500 43,960 49,490 54,950 59,360 63,770 68,180 72,590La Plata 65% 893 957 1,148 1,326 1,480 35,750 40,820 45,955 51,025 55,120 59,215 63,310 67,405La Plata 60% 825 883 1,060 1,224 1,366 33,000 37,680 42,420 47,100 50,880 54,660 58,440 62,220La Plata 55% 756 809 972 1,122 1,252 30,250 34,540 38,885 43,175 46,640 50,105 53,570 57,035La Plata 50% 687 736 883 1,020 1,138 27,500 31,400 35,350 39,250 42,400 45,550 48,700 51,850La Plata 45% 618 662 795 918 1,024 24,750 28,260 31,815 35,325 38,160 40,995 43,830 46,665La Plata 40% 550 589 707 816 911 22,000 25,120 28,280 31,400 33,920 36,440 38,960 41,480La Plata 30% 412 441 530 612 683 16,500 18,840 21,210 23,550 25,440 27,330 29,220 31,110La Plata 20% 275 294 353 408 455 11,000 12,560 14,140 15,700 16,960 18,220 19,480 20,740Lake 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Lake 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Lake 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Lake 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Lake 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Lake 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Lake 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Lake 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Lake 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Lake 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Lake 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Lake 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Larimer 120% 1,788 1,915 2,298 2,656 2,964 71,520 81,720 91,920 102,120 110,400 118,560 126,720 134,880Larimer 100% 1,490 1,596 1,915 2,213 2,470 59,600 68,100 76,600 85,100 92,000 98,800 105,600 112,400Larimer 80% 1,192 1,277 1,532 1,771 1,976 47,680 54,480 61,280 68,080 73,600 79,040 84,480 89,920Larimer 70% 1,043 1,117 1,340 1,549 1,729 41,720 47,670 53,620 59,570 64,400 69,160 73,920 78,680Larimer 65% 968 1,037 1,244 1,438 1,605 38,740 44,265 49,790 55,315 59,800 64,220 68,640 73,060Larimer 60% 894 957 1,149 1,328 1,482 35,760 40,860 45,960 51,060 55,200 59,280 63,360 67,440Larimer 55% 819 877 1,053 1,217 1,358 32,780 37,455 42,130 46,805 50,600 54,340 58,080 61,820Larimer 50% 745 798 957 1,106 1,235 29,800 34,050 38,300 42,550 46,000 49,400 52,800 56,200Larimer 45% 670 718 861 996 1,111 26,820 30,645 34,470 38,295 41,400 44,460 47,520 50,580Larimer 40% 596 638 766 885 988 23,840 27,240 30,640 34,040 36,800 39,520 42,240 44,960Larimer 30% 447 478 574 664 741 17,880 20,430 22,980 25,530 27,600 29,640 31,680 33,720Larimer 20% 298 319 383 442 494 11,920 13,620 15,320 17,020 18,400 19,760 21,120 22,480

15 of 27 Implementation Cutoff Date: May 14, 2018

Page 17: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Las Animas Y 60% 778 834 1,000 1,156 1,290 31,140 35,580 40,020 44,460 48,060 51,600 55,140 58,740Las Animas Y 55% 713 764 917 1,060 1,182 28,545 32,615 36,685 40,755 44,055 47,300 50,545 53,845Las Animas Y 50% 648 695 833 963 1,075 25,950 29,650 33,350 37,050 40,050 43,000 45,950 48,950Las Animas Y 45% 583 625 750 867 967 23,355 26,685 30,015 33,345 36,045 38,700 41,355 44,055Las Animas Y 40% 519 556 667 771 860 20,760 23,720 26,680 29,640 32,040 34,400 36,760 39,160Las Animas Y 30% 389 417 500 578 645 15,570 17,790 20,010 22,230 24,030 25,800 27,570 29,370Las Animas 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Las Animas 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Las Animas 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Las Animas 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Las Animas 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Las Animas 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Las Animas 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Las Animas 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Las Animas 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Las Animas 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Las Animas 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Las Animas 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Lincoln Y 60% 718 770 924 1,067 1,191 28,740 32,880 36,960 41,040 44,340 47,640 50,940 54,180Lincoln Y 55% 658 706 847 978 1,091 26,345 30,140 33,880 37,620 40,645 43,670 46,695 49,665Lincoln Y 50% 598 641 770 889 992 23,950 27,400 30,800 34,200 36,950 39,700 42,450 45,150Lincoln Y 45% 538 577 693 800 893 21,555 24,660 27,720 30,780 33,255 35,730 38,205 40,635Lincoln Y 40% 479 513 616 711 794 19,160 21,920 24,640 27,360 29,560 31,760 33,960 36,120Lincoln Y 30% 359 385 462 533 595 14,370 16,440 18,480 20,520 22,170 23,820 25,470 27,090Lincoln 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Lincoln 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Lincoln 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Lincoln 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Lincoln 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Lincoln 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Lincoln 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Lincoln 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Lincoln 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Lincoln 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Lincoln 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Lincoln 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

16 of 27 Implementation Cutoff Date: May 14, 2018

Page 18: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Logan 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Logan 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Logan 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Logan 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Logan 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Logan 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Logan 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Logan 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Logan 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Logan 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Logan 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Logan 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Mesa 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Mesa 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Mesa 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Mesa 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Mesa 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Mesa 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Mesa 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Mesa 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Mesa 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Mesa 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Mesa 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Mesa 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Mineral 120% 1,548 1,659 1,992 2,299 2,565 61,920 70,800 79,680 88,440 95,520 102,600 109,680 116,760Mineral 100% 1,290 1,382 1,660 1,916 2,137 51,600 59,000 66,400 73,700 79,600 85,500 91,400 97,300Mineral 80% 1,032 1,106 1,328 1,533 1,710 41,280 47,200 53,120 58,960 63,680 68,400 73,120 77,840Mineral 70% 903 967 1,162 1,341 1,496 36,120 41,300 46,480 51,590 55,720 59,850 63,980 68,110Mineral 65% 838 898 1,079 1,245 1,389 33,540 38,350 43,160 47,905 51,740 55,575 59,410 63,245Mineral 60% 774 829 996 1,149 1,282 30,960 35,400 39,840 44,220 47,760 51,300 54,840 58,380Mineral 55% 709 760 913 1,053 1,175 28,380 32,450 36,520 40,535 43,780 47,025 50,270 53,515Mineral 50% 645 691 830 958 1,068 25,800 29,500 33,200 36,850 39,800 42,750 45,700 48,650Mineral 45% 580 622 747 862 961 23,220 26,550 29,880 33,165 35,820 38,475 41,130 43,785Mineral 40% 516 553 664 766 855 20,640 23,600 26,560 29,480 31,840 34,200 36,560 38,920Mineral 30% 387 414 498 574 641 15,480 17,700 19,920 22,110 23,880 25,650 27,420 29,190Mineral 20% 258 276 332 383 427 10,320 11,800 13,280 14,740 15,920 17,100 18,280 19,460

17 of 27 Implementation Cutoff Date: May 14, 2018

Page 19: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Moffat 120% 1,485 1,591 1,911 2,206 2,463 59,400 67,920 76,440 84,840 91,680 98,520 105,240 112,080Moffat 100% 1,237 1,326 1,592 1,838 2,052 49,500 56,600 63,700 70,700 76,400 82,100 87,700 93,400Moffat 80% 990 1,061 1,274 1,471 1,642 39,600 45,280 50,960 56,560 61,120 65,680 70,160 74,720Moffat 70% 866 928 1,114 1,287 1,436 34,650 39,620 44,590 49,490 53,480 57,470 61,390 65,380Moffat 65% 804 862 1,035 1,195 1,334 32,175 36,790 41,405 45,955 49,660 53,365 57,005 60,710Moffat 60% 742 795 955 1,103 1,231 29,700 33,960 38,220 42,420 45,840 49,260 52,620 56,040Moffat 55% 680 729 875 1,011 1,128 27,225 31,130 35,035 38,885 42,020 45,155 48,235 51,370Moffat 50% 618 663 796 919 1,026 24,750 28,300 31,850 35,350 38,200 41,050 43,850 46,700Moffat 45% 556 596 716 827 923 22,275 25,470 28,665 31,815 34,380 36,945 39,465 42,030Moffat 40% 495 530 637 735 821 19,800 22,640 25,480 28,280 30,560 32,840 35,080 37,360Moffat 30% 371 397 477 551 615 14,850 16,980 19,110 21,210 22,920 24,630 26,310 28,020Moffat 20% 247 265 318 367 410 9,900 11,320 12,740 14,140 15,280 16,420 17,540 18,680Montezuma 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Montezuma 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Montezuma 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Montezuma 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Montezuma 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Montezuma 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Montezuma 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Montezuma 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Montezuma 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Montezuma 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Montezuma 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Montezuma 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Montrose 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Montrose 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Montrose 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Montrose 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Montrose 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Montrose 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Montrose 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Montrose 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Montrose 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Montrose 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Montrose 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Montrose 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

18 of 27 Implementation Cutoff Date: May 14, 2018

Page 20: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Morgan 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Morgan 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Morgan 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Morgan 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Morgan 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Morgan 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Morgan 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Morgan 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Morgan 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Morgan 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Morgan 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Morgan 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Otero 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Otero 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Otero 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Otero 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Otero 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Otero 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Otero 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Otero 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Otero 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Otero 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Otero 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Otero 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Ouray 120% 1,668 1,786 2,142 2,475 2,760 66,720 76,200 85,680 95,160 102,840 110,400 118,080 125,640Ouray 100% 1,390 1,488 1,785 2,062 2,300 55,600 63,500 71,400 79,300 85,700 92,000 98,400 104,700Ouray 80% 1,112 1,191 1,428 1,650 1,840 44,480 50,800 57,120 63,440 68,560 73,600 78,720 83,760Ouray 70% 973 1,042 1,249 1,443 1,610 38,920 44,450 49,980 55,510 59,990 64,400 68,880 73,290Ouray 65% 903 967 1,160 1,340 1,495 36,140 41,275 46,410 51,545 55,705 59,800 63,960 68,055Ouray 60% 834 893 1,071 1,237 1,380 33,360 38,100 42,840 47,580 51,420 55,200 59,040 62,820Ouray 55% 764 818 981 1,134 1,265 30,580 34,925 39,270 43,615 47,135 50,600 54,120 57,585Ouray 50% 695 744 892 1,031 1,150 27,800 31,750 35,700 39,650 42,850 46,000 49,200 52,350Ouray 45% 625 669 803 928 1,035 25,020 28,575 32,130 35,685 38,565 41,400 44,280 47,115Ouray 40% 556 595 714 825 920 22,240 25,400 28,560 31,720 34,280 36,800 39,360 41,880Ouray 30% 417 446 535 618 690 16,680 19,050 21,420 23,790 25,710 27,600 29,520 31,410Ouray 20% 278 297 357 412 460 11,120 12,700 14,280 15,860 17,140 18,400 19,680 20,940

19 of 27 Implementation Cutoff Date: May 14, 2018

Page 21: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Park 120% 1,890 2,025 2,430 2,805 3,129 75,600 86,400 97,200 107,880 116,520 125,160 133,800 142,440Park 100% 1,575 1,687 2,025 2,337 2,607 63,000 72,000 81,000 89,900 97,100 104,300 111,500 118,700Park 80% 1,260 1,350 1,620 1,870 2,086 50,400 57,600 64,800 71,920 77,680 83,440 89,200 94,960park 70% 1,102 1,181 1,417 1,636 1,825 44,100 50,400 56,700 62,930 67,970 73,010 78,050 83,090Park 65% 1,023 1,096 1,316 1,519 1,694 40,950 46,800 52,650 58,435 63,115 67,795 72,475 77,155Park 60% 945 1,012 1,215 1,402 1,564 37,800 43,200 48,600 53,940 58,260 62,580 66,900 71,220Park 55% 866 928 1,113 1,285 1,434 34,650 39,600 44,550 49,445 53,405 57,365 61,325 65,285Park 50% 787 843 1,012 1,168 1,303 31,500 36,000 40,500 44,950 48,550 52,150 55,750 59,350Park 45% 708 759 911 1,051 1,173 28,350 32,400 36,450 40,455 43,695 46,935 50,175 53,415Park 40% 630 675 810 935 1,043 25,200 28,800 32,400 35,960 38,840 41,720 44,600 47,480Park 30% 472 506 607 701 782 18,900 21,600 24,300 26,970 29,130 31,290 33,450 35,610Park 20% 315 337 405 467 521 12,600 14,400 16,200 17,980 19,420 20,860 22,300 23,740Phillips Y 60% 753 807 969 1,119 1,248 30,120 34,440 38,760 43,020 46,500 49,920 53,400 56,820Phillips Y 55% 690 739 888 1,025 1,144 27,610 31,570 35,530 39,435 42,625 45,760 48,950 52,085Phillips Y 50% 627 672 807 932 1,040 25,100 28,700 32,300 35,850 38,750 41,600 44,500 47,350Phillips Y 45% 564 605 726 839 936 22,590 25,830 29,070 32,265 34,875 37,440 40,050 42,615Phillips Y 40% 502 538 646 746 832 20,080 22,960 25,840 28,680 31,000 33,280 35,600 37,880Phillips Y 30% 376 403 484 559 624 15,060 17,220 19,380 21,510 23,250 24,960 26,700 28,410Phillips 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Phillips 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Phillips 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Phillips 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Phillips 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Phillips 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Phillips 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Phillips 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Phillips 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Phillips 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Phillips 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Phillips 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

20 of 27 Implementation Cutoff Date: May 14, 2018

Page 22: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Pitkin Y 60% 1,227 1,314 1,578 1,822 2,032 49,080 56,100 63,120 70,080 75,720 81,300 86,940 92,520Pitkin Y 55% 1,124 1,205 1,446 1,670 1,863 44,990 51,425 57,860 64,240 69,410 74,525 79,695 84,810Pitkin Y 50% 1,022 1,095 1,315 1,518 1,693 40,900 46,750 52,600 58,400 63,100 67,750 72,450 77,100Pitkin Y 45% 920 986 1,183 1,366 1,524 36,810 42,075 47,340 52,560 56,790 60,975 65,205 69,390Pitkin Y 40% 818 876 1,052 1,215 1,355 32,720 37,400 42,080 46,720 50,480 54,200 57,960 61,680Pitkin Y 30% 613 657 789 911 1,016 24,540 28,050 31,560 35,040 37,860 40,650 43,470 46,260Pitkin 120% 2,268 2,430 2,916 3,367 3,756 90,720 103,680 116,640 129,480 139,920 150,240 160,560 171,000Pitkin 100% 1,890 2,025 2,430 2,806 3,130 75,600 86,400 97,200 107,900 116,600 125,200 133,800 142,500Pitkin 80% 1,512 1,620 1,944 2,245 2,504 60,480 69,120 77,760 86,320 93,280 100,160 107,040 114,000Pitkin 70% 1,323 1,417 1,701 1,964 2,191 52,920 60,480 68,040 75,530 81,620 87,640 93,660 99,750Pitkin 65% 1,228 1,316 1,579 1,824 2,034 49,140 56,160 63,180 70,135 75,790 81,380 86,970 92,625Pitkin 60% 1,134 1,215 1,458 1,683 1,878 45,360 51,840 58,320 64,740 69,960 75,120 80,280 85,500Pitkin 55% 1,039 1,113 1,336 1,543 1,721 41,580 47,520 53,460 59,345 64,130 68,860 73,590 78,375Pitkin 50% 945 1,012 1,215 1,403 1,565 37,800 43,200 48,600 53,950 58,300 62,600 66,900 71,250Pitkin 45% 850 911 1,093 1,262 1,408 34,020 38,880 43,740 48,555 52,470 56,340 60,210 64,125Pitkin 40% 756 810 972 1,122 1,252 30,240 34,560 38,880 43,160 46,640 50,080 53,520 57,000Pitkin 30% 567 607 729 841 939 22,680 25,920 29,160 32,370 34,980 37,560 40,140 42,750Pitkin 20% 378 405 486 561 626 15,120 17,280 19,440 21,580 23,320 25,040 26,760 28,500Prowers 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Prowers 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Prowers 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Prowers 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Prowers 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Prowers 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Prowers 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Prowers 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Prowers 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Prowers 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Prowers 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Prowers 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

21 of 27 Implementation Cutoff Date: May 14, 2018

Page 23: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Pueblo 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Pueblo 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Pueblo 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Pueblo 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Pueblo 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Pueblo 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Pueblo 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Pueblo 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Pueblo 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Pueblo 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Pueblo 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Pueblo 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Rio Blanco 120% 1,656 1,774 2,130 2,460 2,745 66,240 75,720 85,200 94,560 102,240 109,800 117,360 124,920Rio Blanco 100% 1,380 1,478 1,775 2,050 2,287 55,200 63,100 71,000 78,800 85,200 91,500 97,800 104,100Rio Blanco 80% 1,104 1,183 1,420 1,640 1,830 44,160 50,480 56,800 63,040 68,160 73,200 78,240 83,280Rio Blanco 70% 966 1,035 1,242 1,435 1,601 38,640 44,170 49,700 55,160 59,640 64,050 68,460 72,870Rio Blanco 65% 897 961 1,153 1,332 1,486 35,880 41,015 46,150 51,220 55,380 59,475 63,570 67,665Rio Blanco 60% 828 887 1,065 1,230 1,372 33,120 37,860 42,600 47,280 51,120 54,900 58,680 62,460Rio Blanco 55% 759 813 976 1,127 1,258 30,360 34,705 39,050 43,340 46,860 50,325 53,790 57,255Rio Blanco 50% 690 739 887 1,025 1,143 27,600 31,550 35,500 39,400 42,600 45,750 48,900 52,050Rio Blanco 45% 621 665 798 922 1,029 24,840 28,395 31,950 35,460 38,340 41,175 44,010 46,845Rio Blanco 40% 552 591 710 820 915 22,080 25,240 28,400 31,520 34,080 36,600 39,120 41,640Rio Blanco 30% 414 443 532 615 686 16,560 18,930 21,300 23,640 25,560 27,450 29,340 31,230Rio Blanco 20% 276 295 355 410 457 11,040 12,620 14,200 15,760 17,040 18,300 19,560 20,820Rio Grande 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Rio Grande 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Rio Grande 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Rio Grande 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Rio Grande 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Rio Grande 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Rio Grande 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Rio Grande 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Rio Grande 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Rio Grande 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Rio Grande 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Rio Grande 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

22 of 27 Implementation Cutoff Date: May 14, 2018

Page 24: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Routt 120% 1,821 1,951 2,343 2,706 3,018 72,840 83,280 93,720 104,040 112,440 120,720 129,120 137,400Routt 100% 1,517 1,626 1,952 2,255 2,515 60,700 69,400 78,100 86,700 93,700 100,600 107,600 114,500Routt 80% 1,214 1,301 1,562 1,804 2,012 48,560 55,520 62,480 69,360 74,960 80,480 86,080 91,600Routt 70% 1,062 1,138 1,366 1,578 1,760 42,490 48,580 54,670 60,690 65,590 70,420 75,320 80,150Routt 65% 986 1,057 1,269 1,465 1,634 39,455 45,110 50,765 56,355 60,905 65,390 69,940 74,425Routt 60% 910 975 1,171 1,353 1,509 36,420 41,640 46,860 52,020 56,220 60,360 64,560 68,700Routt 55% 834 894 1,073 1,240 1,383 33,385 38,170 42,955 47,685 51,535 55,330 59,180 62,975Routt 50% 758 813 976 1,127 1,257 30,350 34,700 39,050 43,350 46,850 50,300 53,800 57,250Routt 45% 682 731 878 1,014 1,131 27,315 31,230 35,145 39,015 42,165 45,270 48,420 51,525Routt 40% 607 650 781 902 1,006 24,280 27,760 31,240 34,680 37,480 40,240 43,040 45,800Routt 30% 455 487 585 676 754 18,210 20,820 23,430 26,010 28,110 30,180 32,280 34,350Routt 20% 303 325 390 451 503 12,140 13,880 15,620 17,340 18,740 20,120 21,520 22,900Saguache Y 60% 742 795 955 1,103 1,231 29,700 33,960 38,220 42,420 45,840 49,260 52,620 56,040Saguache Y 55% 680 729 875 1,011 1,128 27,225 31,130 35,035 38,885 42,020 45,155 48,235 51,370Saguache Y 50% 618 663 796 919 1,026 24,750 28,300 31,850 35,350 38,200 41,050 43,850 46,700Saguache Y 45% 556 596 716 827 923 22,275 25,470 28,665 31,815 34,380 36,945 39,465 42,030Saguache Y 40% 495 530 637 735 821 19,800 22,640 25,480 28,280 30,560 32,840 35,080 37,360Saguache Y 30% 371 397 477 551 615 14,850 16,980 19,110 21,210 22,920 24,630 26,310 28,020Saguache 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Saguache 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Saguache 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Saguache 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Saguache 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Saguache 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Saguache 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Saguache 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Saguache 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Saguache 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Saguache 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Saguache 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

23 of 27 Implementation Cutoff Date: May 14, 2018

Page 25: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

San Juan Y 60% 801 858 1,029 1,188 1,326 32,040 36,600 41,160 45,720 49,380 53,040 56,700 60,360San Juan Y 55% 734 786 943 1,089 1,215 29,370 33,550 37,730 41,910 45,265 48,620 51,975 55,330San Juan Y 50% 667 715 857 990 1,105 26,700 30,500 34,300 38,100 41,150 44,200 47,250 50,300San Juan Y 45% 600 643 771 891 994 24,030 27,450 30,870 34,290 37,035 39,780 42,525 45,270San Juan Y 40% 534 572 686 792 884 21,360 24,400 27,440 30,480 32,920 35,360 37,800 40,240San Juan Y 30% 400 429 514 594 663 16,020 18,300 20,580 22,860 24,690 26,520 28,350 30,180San Juan 120% 1,494 1,600 1,920 2,218 2,475 59,760 68,280 76,800 85,320 92,160 99,000 105,840 112,680San Juan 100% 1,245 1,333 1,600 1,848 2,062 49,800 56,900 64,000 71,100 76,800 82,500 88,200 93,900San Juan 80% 996 1,067 1,280 1,479 1,650 39,840 45,520 51,200 56,880 61,440 66,000 70,560 75,120San Juan 70% 871 933 1,120 1,294 1,443 34,860 39,830 44,800 49,770 53,760 57,750 61,740 65,730San Juan 65% 809 866 1,040 1,201 1,340 32,370 36,985 41,600 46,215 49,920 53,625 57,330 61,035San Juan 60% 747 800 960 1,109 1,237 29,880 34,140 38,400 42,660 46,080 49,500 52,920 56,340San Juan 55% 684 733 880 1,016 1,134 27,390 31,295 35,200 39,105 42,240 45,375 48,510 51,645San Juan 50% 622 666 800 924 1,031 24,900 28,450 32,000 35,550 38,400 41,250 44,100 46,950San Juan 45% 560 600 720 831 928 22,410 25,605 28,800 31,995 34,560 37,125 39,690 42,255San Juan 40% 498 533 640 739 825 19,920 22,760 25,600 28,440 30,720 33,000 35,280 37,560San Juan 30% 373 400 480 554 618 14,940 17,070 19,200 21,330 23,040 24,750 26,460 28,170San Juan 20% 249 266 320 369 412 9,960 11,380 12,800 14,220 15,360 16,500 17,640 18,780San Miguel 120% 1,785 1,912 2,295 2,649 2,955 71,400 81,600 91,800 101,880 110,040 118,200 126,360 134,520San Miguel 100% 1,487 1,593 1,912 2,207 2,462 59,500 68,000 76,500 84,900 91,700 98,500 105,300 112,100San Miguel 80% 1,190 1,275 1,530 1,766 1,970 47,600 54,400 61,200 67,920 73,360 78,800 84,240 89,680San Miguel 70% 1,041 1,115 1,338 1,545 1,723 41,650 47,600 53,550 59,430 64,190 68,950 73,710 78,470San Miguel 65% 966 1,035 1,243 1,434 1,600 38,675 44,200 49,725 55,185 59,605 64,025 68,445 72,865San Miguel 60% 892 956 1,147 1,324 1,477 35,700 40,800 45,900 50,940 55,020 59,100 63,180 67,260San Miguel 55% 818 876 1,051 1,214 1,354 32,725 37,400 42,075 46,695 50,435 54,175 57,915 61,655San Miguel 50% 743 796 956 1,103 1,231 29,750 34,000 38,250 42,450 45,850 49,250 52,650 56,050San Miguel 45% 669 717 860 993 1,108 26,775 30,600 34,425 38,205 41,265 44,325 47,385 50,445San Miguel 40% 595 637 765 883 985 23,800 27,200 30,600 33,960 36,680 39,400 42,120 44,840San Miguel 30% 446 478 573 662 738 17,850 20,400 22,950 25,470 27,510 29,550 31,590 33,630San Miguel 20% 297 318 382 441 492 11,900 13,600 15,300 16,980 18,340 19,700 21,060 22,420

24 of 27 Implementation Cutoff Date: May 14, 2018

Page 26: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Sedgwick Y 60% 807 864 1,038 1,198 1,336 32,280 36,900 41,520 46,080 49,800 53,460 57,180 60,840Sedgwick Y 55% 739 792 951 1,098 1,225 29,590 33,825 38,060 42,240 45,650 49,005 52,415 55,770Sedgwick Y 50% 672 720 865 998 1,113 26,900 30,750 34,600 38,400 41,500 44,550 47,650 50,700Sedgwick Y 45% 605 648 778 898 1,002 24,210 27,675 31,140 34,560 37,350 40,095 42,885 45,630Sedgwick Y 40% 538 576 692 799 891 21,520 24,600 27,680 30,720 33,200 35,640 38,120 40,560Sedgwick Y 30% 403 432 519 599 668 16,140 18,450 20,760 23,040 24,900 26,730 28,590 30,420Sedgwick 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Sedgwick 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Sedgwick 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Sedgwick 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Sedgwick 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Sedgwick 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Sedgwick 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Sedgwick 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Sedgwick 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Sedgwick 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Sedgwick 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Sedgwick 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780Summit 120% 1,905 2,040 2,448 2,827 3,153 76,200 87,000 97,920 108,720 117,480 126,120 134,880 143,520Summit 100% 1,587 1,700 2,040 2,356 2,627 63,500 72,500 81,600 90,600 97,900 105,100 112,400 119,600Summit 80% 1,270 1,360 1,632 1,885 2,102 50,800 58,000 65,280 72,480 78,320 84,080 89,920 95,680Summit 70% 1,111 1,190 1,428 1,649 1,839 44,450 50,750 57,120 63,420 68,530 73,570 78,680 83,720Summit 65% 1,031 1,105 1,326 1,531 1,707 41,275 47,125 53,040 58,890 63,635 68,315 73,060 77,740Summit 60% 952 1,020 1,224 1,413 1,576 38,100 43,500 48,960 54,360 58,740 63,060 67,440 71,760Summit 55% 873 935 1,122 1,295 1,445 34,925 39,875 44,880 49,830 53,845 57,805 61,820 65,780Summit 50% 793 850 1,020 1,178 1,313 31,750 36,250 40,800 45,300 48,950 52,550 56,200 59,800Summit 45% 714 765 918 1,060 1,182 28,575 32,625 36,720 40,770 44,055 47,295 50,580 53,820Summit 40% 635 680 816 942 1,051 25,400 29,000 32,640 36,240 39,160 42,040 44,960 47,840Summit 30% 476 510 612 706 788 19,050 21,750 24,480 27,180 29,370 31,530 33,720 35,880Summit 20% 317 340 408 471 525 12,700 14,500 16,320 18,120 19,580 21,020 22,480 23,920

25 of 27 Implementation Cutoff Date: May 14, 2018

Page 27: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Teller 120% 1,695 1,816 2,181 2,518 2,811 67,800 77,520 87,240 96,840 104,640 112,440 120,120 127,920Teller 100% 1,412 1,513 1,817 2,098 2,342 56,500 64,600 72,700 80,700 87,200 93,700 100,100 106,600Teller 80% 1,130 1,211 1,454 1,679 1,874 45,200 51,680 58,160 64,560 69,760 74,960 80,080 85,280Teller 70% 988 1,059 1,272 1,469 1,639 39,550 45,220 50,890 56,490 61,040 65,590 70,070 74,620Teller 65% 918 983 1,181 1,364 1,522 36,725 41,990 47,255 52,455 56,680 60,905 65,065 69,290Teller 60% 847 908 1,090 1,259 1,405 33,900 38,760 43,620 48,420 52,320 56,220 60,060 63,960Teller 55% 776 832 999 1,154 1,288 31,075 35,530 39,985 44,385 47,960 51,535 55,055 58,630Teller 50% 706 756 908 1,049 1,171 28,250 32,300 36,350 40,350 43,600 46,850 50,050 53,300Teller 45% 635 681 817 944 1,054 25,425 29,070 32,715 36,315 39,240 42,165 45,045 47,970Teller 40% 565 605 727 839 937 22,600 25,840 29,080 32,280 34,880 37,480 40,040 42,640Teller 30% 423 454 545 629 702 16,950 19,380 21,810 24,210 26,160 28,110 30,030 31,980Teller 20% 282 302 363 419 468 11,300 12,920 14,540 16,140 17,440 18,740 20,020 21,320Washington Y 60% 751 804 966 1,116 1,245 30,060 34,320 38,640 42,900 46,380 49,800 53,220 56,640Washington Y 55% 688 737 885 1,023 1,141 27,555 31,460 35,420 39,325 42,515 45,650 48,785 51,920Washington Y 50% 626 670 805 930 1,037 25,050 28,600 32,200 35,750 38,650 41,500 44,350 47,200Washington Y 45% 563 603 724 837 933 22,545 25,740 28,980 32,175 34,785 37,350 39,915 42,480Washington Y 40% 501 536 644 744 830 20,040 22,880 25,760 28,600 30,920 33,200 35,480 37,760Washington Y 30% 375 402 483 558 622 15,030 17,160 19,320 21,450 23,190 24,900 26,610 28,320Washington 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Washington 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Washington 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Washington 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Washington 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Washington 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Washington 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Washington 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Washington 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Washington 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Washington 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Washington 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

26 of 27 Implementation Cutoff Date: May 14, 2018

Page 28: memorandum...Colorado Housing and Finance Authority 2018 Colorado County Income and Rent Tables 20% to 120% of Area Median Income (AMI) HUD Effective Date: April 1, 2018 County HERA

Colorado Housing and Finance Authority2018 Colorado County Income and Rent Tables

20% to 120% of Area Median Income (AMI)

HUD Effective Date: April 1, 2018

County HERA AMI 0 BDRM 1 BDRM 2 BDRM 3 BDRM 4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON

-Since 2008, the IRS allows some LIHTC projects to use higher HERA limits and to be “held harmless” from limit decreases.-To identify the correct limits for your LIHTC project, it is essential to know its placed in service (PIS) date.-To use HERA limits, a project must have PIS as of 12.31.2008. To be “held harmless,” a LIHTC project must PIS prior to 05.16.2018.-This year, LIHTC projects whose counties experienced a decrease in limits AND that PIS before 05.16.2018 may apply the same limits used in 2017.

2018 MAXIMUM RENTS 2018 INCOME LIMITS

Weld 120% 1,719 1,842 2,211 2,553 2,847 68,760 78,600 88,440 98,160 106,080 113,880 121,800 129,600Weld 100% 1,432 1,535 1,842 2,127 2,372 57,300 65,500 73,700 81,800 88,400 94,900 101,500 108,000Weld 80% 1,146 1,228 1,474 1,702 1,898 45,840 52,400 58,960 65,440 70,720 75,920 81,200 86,400Weld 70% 1,002 1,074 1,289 1,489 1,660 40,110 45,850 51,590 57,260 61,880 66,430 71,050 75,600Weld 65% 931 997 1,197 1,382 1,542 37,245 42,575 47,905 53,170 57,460 61,685 65,975 70,200Weld 60% 859 921 1,105 1,276 1,423 34,380 39,300 44,220 49,080 53,040 56,940 60,900 64,800Weld 55% 787 844 1,013 1,170 1,304 31,515 36,025 40,535 44,990 48,620 52,195 55,825 59,400Weld 50% 716 767 921 1,063 1,186 28,650 32,750 36,850 40,900 44,200 47,450 50,750 54,000Weld 45% 644 690 829 957 1,067 25,785 29,475 33,165 36,810 39,780 42,705 45,675 48,600Weld 40% 573 614 737 851 949 22,920 26,200 29,480 32,720 35,360 37,960 40,600 43,200Weld 30% 429 460 552 638 711 17,190 19,650 22,110 24,540 26,520 28,470 30,450 32,400Weld 20% 286 307 368 425 474 11,460 13,100 14,740 16,360 17,680 18,980 20,300 21,600Yuma 120% 1,416 1,516 1,818 2,100 2,343 56,640 64,680 72,720 80,760 87,240 93,720 100,200 106,680Yuma 100% 1,180 1,263 1,515 1,750 1,952 47,200 53,900 60,600 67,300 72,700 78,100 83,500 88,900Yuma 80% 944 1,011 1,212 1,400 1,562 37,760 43,120 48,480 53,840 58,160 62,480 66,800 71,120Yuma 70% 826 884 1,060 1,225 1,366 33,040 37,730 42,420 47,110 50,890 54,670 58,450 62,230Yuma 65% 767 821 984 1,137 1,269 30,680 35,035 39,390 43,745 47,255 50,765 54,275 57,785Yuma 60% 708 758 909 1,050 1,171 28,320 32,340 36,360 40,380 43,620 46,860 50,100 53,340Yuma 55% 649 695 833 962 1,073 25,960 29,645 33,330 37,015 39,985 42,955 45,925 48,895Yuma 50% 590 631 757 875 976 23,600 26,950 30,300 33,650 36,350 39,050 41,750 44,450Yuma 45% 531 568 681 787 878 21,240 24,255 27,270 30,285 32,715 35,145 37,575 40,005Yuma 40% 472 505 606 700 781 18,880 21,560 24,240 26,920 29,080 31,240 33,400 35,560Yuma 30% 354 379 454 525 585 14,160 16,170 18,180 20,190 21,810 23,430 25,050 26,670Yuma 20% 236 252 303 350 390 9,440 10,780 12,120 13,460 14,540 15,620 16,700 17,780

27 of 27 Implementation Cutoff Date: May 14, 2018