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HOUSING AFFORDABILITY
<br />TABLE HA-1
<br />MHFA/HUD INCOME AND RENT LIMITS
<br />ANOKA COUNTY- 2019
<br />30% of median
<br />50% of median
<br />60% of median
<br />80% of median
<br />100% of median
<br />120% of median
<br />Income Limits by Household Size
<br />1 pph
<br />$21,000
<br />$35,000
<br />$42,000
<br />$56,000
<br />$70,000
<br />$84,000
<br />2 pph
<br />$24,000
<br />$40,000
<br />$48,000
<br />$64,000
<br />$80,000
<br />$96,000
<br />3 pph
<br />$27,000
<br />$45,000
<br />$54,000
<br />$72,000
<br />$90,000
<br />$108,000
<br />4 pph
<br />$30,000
<br />$50,000
<br />$60,000
<br />$80,000
<br />$100,000
<br />$120,000
<br />5 pph
<br />$32,400
<br />$54,000
<br />$64,800
<br />$86,400
<br />$108,000
<br />$129,600
<br />Maximum Gross Rent
<br />EFF
<br />1BR
<br />2BR
<br />3BR
<br />4BR
<br />30% of median $525 $562 $675 $780 $870
<br />50% of median $875 $937 $1,125 $1,300 $1,450
<br />60% of median $1,050 $1,125 $1,350 $1,560 $1,740
<br />80% of median $1,400 $1,500 $1,800 $2,080 $2,320
<br />100% of median $1,750 $1,875 $2,250 $2,600 $2,900
<br />120% of median $2,100 $2,250 $2,700 $3,120 $3,480
<br />Fair Market Rent
<br />EFF
<br />1BR
<br />2BR
<br />3BR
<br />4BR
<br />Fair Market Rent $763 $915 $1,151 $1,636 $1,923
<br />6 pph
<br />$34,800
<br />$58,000
<br />$69,600
<br />$92,800
<br />$116,000
<br />$139,200
<br />7 pph
<br />$37,200
<br />$62,000
<br />$74,400
<br />$99,200
<br />$124,000
<br />$148,800
<br />8 pph
<br />$39,600
<br />$66,000
<br />$79,200
<br />$105, 600
<br />$132,000
<br />$158,400
<br />Sources: MHFA, HUD, Novogradac, Maxfield Research & Consulting, LLC
<br />Table HA-2 shows the maximum rents by household size and AMI based on income limits illus-
<br />trated in Table HA-1. The rents on Table HA-2 are based on HUD's allocation that monthly rents
<br />should not exceed 30% of income. In addition, the table reflects maximum household size
<br />based on HUD guidelines of number of persons per unit. For each additional bedroom, the
<br />maximum household size increases by two persons.
<br />MAXFIELD RESEARCH AND CONSULTING 63
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