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A sign that says English Oaks stands in front of a house at English Oaks Apartments, Fredericksburg

Income Limits

Income Limits

HOUSING TAX CREDIT PROGRAM

THE LIFESTYLE YOU DESERVE AT A PRICE YOU CAN AFFORD

This affordable housing program is for individuals and families with moderate incomes allowing below market rents for those who qualify. The program is not a subsidized housing program as each resident is responsible for their full amount of rent each month. Rental amounts are based on the pre-set income limits in the geographic area and not based on your individual household income. To be income eligible, your total household 'gross' income must be less than the pre-set income limit for the area.

Current Income Limits

1 Person - $68,880 Annual Income

2 Persons - $78,720 Annual Income

3 Persons - $88,560 Annual Income

4 Persons - $98,340 Annual Income

5 Persons - $106,260 Annual Income