Income Limits

The household size income limit is an important factor in determining a property’s compliance with state and federal regulations. This page has links to the necessary charts for you to determine your property’s compliance with the programs we monitor. 

For more information, contact Susan Westbrook at 919-877-5647.

Low-Income Housing Tax Credit

The 2024 income and rent limits are available; however, they are project-specific due to changes in the law. The limits for each property may be found in the Rental Compliance Reporting System (RCRS). Below is an excerpt from the HR 3221, which mandated changes to the way income limits are calculated, along with a technical explanation of how these changes affect tax credit properties. The new limits are effective April 1, 2024.

Income & Rent Limits Regulatory Guidance

2024 Multifamily Tax Subsidy Program (MTSP) Income & Rent Limits

Rental Production Program Loans

Income targeting for RPP properties is determined by the loan documents for each property and must be in conjunction with the following:

2024 HOME Rent Limits
2024 HOME Income Limits 
2024 National HTF Rent Limits
2024 National HTF Income Limits
2023 HOME Rent Limits
2023 HOME Income Limits 
2023 National HTF Rent Limits
2023 National HTF Income Limits
2022 HOME Rent Limits
2022 HOME Income Limits
2022 National HTF Rent Limits
2022 National HTF Income Limits
2021 HOME Rent Limits
2021 HOME Income Limits
2021 National HTF Rent Limits
2021 National HTF Income Limits
2020 HOME Rent Limits
2020 HOME Income Limits
2020 National HTF Rent Limits
2020 National HTF Income Limits
2019 HOME Rent Limits
2019 HOME Income Limits
2018 HOME Rent Limits
2018 HOME Income Limits
2017 HOME Rent Limits
2017 HOME Income Limits
2016 HOME Rent Limits
2016 HOME Income Limits
2015 HOME Rent Limits
2015 HOME Income Limits
2014 HOME Rent Limits
2014 HOME Income Limits
2013 HOME Rent Limits
2013 HOME Income Limits
2012 HOME Rent Limits
2012 HOME Income Limits
2011 HOME Rent Limits
2011 HOME Income Limits

Project-Based Section 8

2024 Income Limits 
2023 Income Limits 
2021 Income Limits
2020 Income Limits
2019 Income Limits
2018 Income Limits
2017 Income Limits
2016 Income Limits
2015 Income Limits
2014 Income Limits
2013 Income Limits
2012 Income Limits
2011 Income Limits

Agency-Issued Tax-Exempt Bonds

No charts are currently available

Tenant-Based Rental Assistance (TBRA)

TBRA is not currently funded

Press &
Investors

North Carolina Housing Finance Agency / 3508 Bush Street / Raleigh, NC 27609 / 919-877-5700

Disclaimer (please scroll and read, then proceed below)

All information contained on the following Web pages is obtained from the Agency’s books and records, and is believed to be accurate and reliable. Reference should be made to the official statement and operative documents of each series of bonds referred to herein for complete information on that issue. Because of the possibility of human and mechanical error as well as other factors, this information is provided "as is" without warranty of any kind and no representation or warranty, expressed or implied, is made, nor should any be inferred, as to the accuracy, timeliness, or completeness of this information. Under no circumstances shall North Carolina Housing Finance Agency have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any error (on account of neglect or otherwise) or other circumstance involved in procuring, collecting, compiling, interpreting, analyzing, editing, transcribing, transmitting, communicating or delivering this information, or (b) any direct, indirect, special, consequential, or incidental damages whatsoever, even if North Carolina Housing Finance Agency is advised in advance of the possibility of such damages, resulting from the use of, or inability to use, any such information. This information relates to bond issues of the North Carolina Housing Finance Agency that have been sold and distributed in underwritten public offerings described in the related official statements. Each viewer of the aforementioned information acknowledges that (i) the North Carolina Housing Finance Agency is not now by this document offering any bonds or other securities, nor soliciting an offer to buy any securities, (ii) this information is not to be construed as any description of the North Carolina Housing Finance Agency-such offerings are only made pursuant to the appropriate official statements of the North Carolina Housing Finance Agency, (iii) the information provided speaks only as of the date thereof and the North Carolina Housing Finance Agency has not in any way undertaken to update such information, and (iv) no representation is made as to the propriety or legality of any secondary market trading of the bonds or other securities of the North Carolina Housing Finance Agency by anyone in any jurisdiction. The financial condition of the North Carolina Housing Finance Agency may have changed since the date this information was prepared.

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