West Orange Township_Fourth Round HEFSP_Final Draft

April 6, 2020 Page 16 EXHIBIT B: 2019 INCOME LIMITS ” SS | neponatasver HY “15 2 ” ‘ 4s s ‘ , ” | NL saeé@amasreel peat [Region 1 fica S66607 $72,365 $76,122 $85,637 $95,152 $98,959 $102,765 $110,377 $117,989 $125,602] 553.286 $57,082 $60,898 $48,510 $76,122 $79,167 $82,212 $94,391 $100,483] Peverdearrcc dl 75 S333903 $35682 $28,061 $42,819 547576 $49,479 $51,382 sages sezsox] 7% 4798) 583.998 [very Low 519.982 $21,409 522,437 _$25,691_ $28,546 __ $29,688 __ $30,829 $35,397 $37, Region 2 [Medion 570537 S75S76 S8O614 $90,691 $100,767 $104,798 $108,829 $116,890 $124.952 $133,013] as [Moderate | 556430 560.460 6441 $72,553 $860,614 589,038 $87,063 S99512 599.961 5106810 2 ge | sayy gan nego nndian P $35,269 537,788 $40,207 SAE,MS 550,384 552,399 S54414 | S8H4ES 562.476 [very Low $23.16) __$22673 $24,184 __ $27,207 __ $90,220 _ $31,439 __ 532,649 _$35.067_ 537,485 __538. [Region 3 [Mecian S8ZE1O SBRTIS 594,640 $106,470 $118,900 $123,092 $127,764 $137,228 5146,692 5156, Hunterdon, |Moderme | $66,248 $70,980 $75,712 585,176 $94,640 $98,426 5102211 $109,782 $117,354 51 a ar tiaaen |} cranes paidcieserand — low SALMOS 544363 547,320 553,235 559,150 SEL SIS SERED 568514 STEMS [romerset [very tow S24843 526618 528,392 $91,941 $35,090 $36,910 538.329 S44.i68 _$44008 $46,847] Region & [Mecian S7ZAGS —-ST7Y SATA 592,783 $109,092 $107,216 $111,300 $119,587 $127,834 $136,082 Mercer, Moderate | 557,732 S6LASS $65,579 $74,226 582,478 $85,773 589,072 595670 S102268 S10BFES] 26, sory! sigzois Monmouth ang $36082 $38,560 S41237 $46,382 $51,546 553,608 $55,670 $59,754 $63,917 $68,041] eee 522649 _$23.196__$24,742__ $27,435 __ $40,928 __$32,165 __$33,402_ $35,876 __$38.350__ $40,825] Region s 363070 S6757S $72,080 $81,090 $90,100 $93,708 $97,308 $1085i6 $111,724 $118,993] Burtington. SSOASG 554060 S57564 544872 $72,080 $74,963 S77.80G SERE13- $89379 $95.14 a | giee gat jComden and 531535 $33,788 $36,080 $40,545 $45,050 $46,852 SABES4 $52,258 S55,862 559, ow Very Low [Mecian Moderate Low jotoucester [Very Low $18.921__$20.273_ $21,624 __$24,327_$27,030_ $28,111 $29,192 $31.388 $33,817 _$35, [Mean [Moderate lLow $53,714 $57,580 61387 569,061 576,734 579,803 582,873 589,012 595,150 510 JAtiantc, Cape SA297L_ $46,040 $49,110 $55,248 S6LIE7 563,863 $66,298 S71.209 $76,120 S809 gag | staan May, Cumbertand, S26857 $28,775 $30,694 $34,530 $38,367 539,902 541436 544505 547575

595,150 510 JAtiantc, Cape SA297L_ $46,040 $49,110 $55,248 S6LIE7 563,863 $66,298 S71.209 $76,120 S809 gag | staan May, Cumbertand, S26857 $28,775 $30,694 $34,530 $38,367 539,902 541436 544505 547575 S50, : Jana Salerm [very Low SU6A14 $17,265 _S18416 $20,718 $23,020 $23,941 $24,862 $26,703 S28S4S $30,381 ‘Moderate income is between 80 end 50 percent Of Oe plow 7530) or tess of Very low 290) or best of Thee are tor the for one, two and three, ale and rental unets as por NIAC. 5:80:26 44), This is used tor: the pricing for rent for mies (2 under NJAC, $:97-8 2). The mcrease for 2015 was 2.3%, the increase for 2016 war 1.1%, the increave for 2017 was 1.7%, and the increase for 2018 was 2.24. The increase for 2019 is 2.6% (Consumer price Index for All Urban Consumers (CPU): Regions by expenditure category and and group). Landiords who did not remts in 2015, 2016, 2027, of 2018 may rent by up to the percentage 2019 oF 3.09% is lass in mecordance with NJAC §:97-9.3(c}. in no case can rent for any particular aparement be increated more than one time per year, Ths ts used for the for resale or units (x3 pr Under NJAC 5:97.83) The price of owner-occupied low and moderate income units may increase annually Based on the percentage inthe init tor each FePON. In no event shall the marimum resale price establaned by the adminestrative agent bbe lower than the last recorded purchase price. Low income tax credit developments may based on the low ax cred ‘**** The Regional Asset Limit is uted in determining an applicant's eligibility for affordable housing purnvant to NJAC. $:80-26.16(b)3.