Draft_October 2025_West Orange_HEFSP_with Appendices

April 6, 2020 Page 16 EXHIBIT B: 2019 INCOME LIMITS a | meponat asset a 15) 2 2 4 as. s . 7 - Ients** Sotes***| Limit®*** [Region 1 secon SE5ROT STA36S 576122 SHS,637 $95,153 $98,959 $100,765 $110,377 Moderate 353286 «© $87,082 $60,298 $68,510 $76,122 $79,167 = $82,212 ‘$88,302 jamarigeerpscoet 533303 $35682 $38,061 $42,819 SATS76 549.479 551,382 555,189 ay) ee [Very Low 519,982 $21,409 __ $22,837 $25,691. S2a,sas $29,688 530,829 $33,113 Region 2 [Mecion S70S37 S7SS76 $80,614 $90,691 $100,767 $104,798 $108,829 $116,890 ee |Moderae | $56430 $60,060 $64,491 $72,553 $8014 $83,838 $87,063 $93,512 sem] sisaaz0 Union and Warren |*2* 535269 «537,788 = $40,307 $45,345 $80,384 = $52,399 Ss4a14 = $88,405 [Very Low $22,263 __ $22,673 $24,184 $27,207 $30,230 __ $31,439 $32,649 _ $35,067 Region 3 [Median S82810 SRB TZS «= $94,440 $106,470 $128,300 $123,032 $127,764 $137,228 Hunterdon, |Mocerate $66248 = $70980 $75,712 SES.176 —- S84,640 = $98,426 $102,212 $109,782 oom $278.261 Mudcheses and ow Ses = $44,363 $47,320 $53,235 $89,150 SOL S16 = $63,882 seagie [Somerset [Very Low $2484) 526618 $28,392 S9en $35,490 $36,910 $38,329 Saniee [Region & [Median S72465 «| S77.319 $82,474 592,783 $203,092 $107,216 $111,340 $219,587 $127,834 $196,082) Mercer, |Moderate | 557,732 SLES $65,979 $74,226 SE2.474 585,773 5102268 $108,865] 36, yoy | su9a.s18 Monmouth and |Low 536082 S38660 541237 546,392 551546 553,608 $63,917 $68,081] [Ocoee [Very Low S21649 523.196 $24,742 $27,835, $30,928 __ $32,165 538,380 $40,825) [Region S [Median 363970 S6TS7S «= $72,080 = $81,090 $90,100 $93,704 ‘S191724 $118,932) eertington, Moderate | SS0.456 $54060 557.664 564,872 $72,080 $74,963 SOY EU a ue |) ae [Camden ond Low S31535 $3378 $36,080 $40,545 $45,050 $46,852 SSSA62 $59,466) pseteestead [Very Low $18.921___$20273_ $2624 $24,327_$27,030_ $28,111 333517__ $35,680} [Region & |Median ‘383,714 SS7580 $61,387 $49,081 $76,734 = ($79,803 $95,150 $103,289) JAtiante, Cape [Moderate SA2S7L «= S46080 $49,110 $55,248 ‘$61,387 563,843 $76.120 $81,031] 26s S456 $143,703 May, Cumberiand, lLow 526357 $2877S = $30,694 $34,530 $38,367 $39,902 SATSTS $80,644] and Salem [Very Low S114 —-S17.265 — S1B416 $20,738 $23,020 ~— $23,941 S28545 $30,387] Maderote income is Between 80 and 50 percent of the tow. is 50 percent or less of t. Very tow income i 30, 04 tess of | * These coturnns are for calculating the pricing for

~— $23,941 S28545 $30,387] Maderote income is Between 80 and 50 percent of the tow. is 50 percent or less of t. Very tow income i 30, 04 tess of | * These coturnns are for calculating the pricing for one, two and three bedroom sale and rental units as per NJAC 5:80:26 4{a), "Thee ts weed for the pricing for rent: for unis (a5 caloulated under NJAC. §.97-9.3). The increase for 2015 was 2.3%, the increase for 2016 war 1.1%, the increase for 2017 was 17%, and the increase for 2018 was 22%. The increase for 2019 is 2.6% (Consumer price Index for All Urban Consumers (CPi-U): Regions by expenditure category and Commodity aNd service group). Landlords whe did not increase rents im 2015, 2026, 2017, oF 2018 may increase rent by up to the. percentage 2019 or 9.0% ver ‘{s hent im accordance with NIAC $:97-9 3c) In no care Can rent for any particular apartment be increased more than one time per year Th uses for the pricing for resaie for units (9s previourty calculated under NJAC. 597.93). The price of owneroceupied low and moderate mcome units may increase, ‘based on the perc inthe regrona! lim tor each ep!on. In no event shail the maximum resale price ertabiched by the administrative agent be lower than the tact recorded purchase price tow ta credit my based on the low tax erese the Asset Unit is used in = ‘ eligibtity tor affordable housing purmuant to NJA.C. $:80-26.16(b)3.