7.17.3 Income Limits
HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States
A. The appraiser must ascertain that the correct income limits are employed in calculating the maximum LIHTC rents and in completing form HUD-92264-T. The Housing and Economic Recovery Act of 2008 (HERA) modified HUD’s income limit methodology for calendar years after 2008 to require HUD to increase applicable area median incomes by the amount area median incomes rise, even if the HUD-
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Chapter 7 Valuation & Market Analysis 7.18 Appraisal Review Policy and Requirements
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determined area median incomes would be frozen under HUD’s 2007 and 2008 income limit methodology.
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