West Orange Fourth Round HEFSP_adopted 111025_Appendices

April 6, 2020 Page 16 EXHIBIT B: 2019 INCOME LIMITS Se | Meponat asset APerson *L.5Person 2Person *3Person 4 Person "45 5 . 1 e Ls eAPaacees | oapenetsr Region 1 Median S65607 S71 365 $76,122 $85,637 $95,153 $96,958 $102,765 $110,377 $117,589 $125,602] berger, Hudson, [Modermee | $53286 $57,092 $s0A9B $64,510 $75,122 $79,167 $82,212 S88302 $9431 S100481 9 yay | tas ge pasote and Seccex|*™ 533303 $35,682 $38,061 $42,819 47575 $45,479 «$51,382 $55,189 558,995 $62,803 Very Low 5193982 $2140 522,837 $25,692 __ $25,545 $29,688 $30,828 $33,113 $35,387 _ $37,580) Region 2 Medion $70537 S75S76 $80,614 $90,681 $100,767 $104,798 $108,829 $116,890 $124,952 $133,013 essex, Morris, [Moderate | $56-430 $60,460 $64,451 $72,553 $80,614 $83,838 $87,063 93512 $99,961 $106.41 16 cere | casy.301 tears Wesean | 535,268 537,788 $40,207 545,348 Ss0,a84 SS2309 S54418 SEa44S $62,476 $56,506 Very tow S2U1G1 $22,673 $24,184 $27,207 _$30,230 $31,439 $32,648 $35,067 _ $37,485 __ $38,504] Region 3 Median $82,810 $88,725 $94,650 $106,470 $118,300 $123,032 $427,754 $137,228 $145,692 $156,156 Hunterdon, Moderate | 66248 $70580 $75,712 $85,176 S95,640 $98,426 $107,211 $109,782 S117354 5128925] 1 cay | cx7s 261 Middiesexand — Low SAL405 $45,363 547,320 $53,235 $59,150 SEL 516 $63,882 $68,514 $73,346 $78,071 Somerset Very tow $24943 526618 $20,392 $31,981 $35,430 $36,910 $38,328 $41,162 $49,008 $45,247] Region & Median S7ZASS $77,319 $82,474 $92,783 $103,092 $107,216 $111,340 $119,587 $127,834 $136,082 Mercer, Moderate | 557,732 S6L8S5 $65,573 $74,126 582,674 $85,773 $89,072 595670 $102268 5108865] 26. sain | cigs ats Monmouth and |tow $36082 $38,560 $41,237 $46,352 $51,596 $53,603 $55,670 $58,758 $63,917 $68,041] pane: \Very Low $21,649 523196 $24,742 $27,835 $30,928 $32,165 $33,402 $35,876 $36,350 __ $40,825 Region S Median $63,070 S67S75 $72,080 $81,030 $90,100 $93,704 $97,208 $108516 Sii1.724 $118,932] Burtington, Moderate | 50,656 $54060 $57,668 $64,872 $72,080 $74,963 S77,846 $82613 $85,379 595.146 5 saan | sues ont Camden and tow S21535 $33,788 $36,040 40,545 545,050 546,852 545,654 $52,258 $55,862 $58,466 Gloucester Very Low $8921 $20.273 $21,624 $24,327 §27030__$26,111 $29,192 $31,355 $33,517 __$35,680) Region 6 Median $83,718 357,580 $61,387 $69,061 $76,734 573,803 $82,873 $89,011 $95,150 $101,289 fAtiantic, Capa [Moderate | $42.971 $46,040 $49,110 $55,248 561,387 563,843

$31,355 $33,517 __$35,680) Region 6 Median $83,718 357,580 $61,387 $69,061 $76,734 573,803 $82,873 $89,011 $95,150 $101,289 fAtiantic, Capa [Moderate | $42.971 $46,040 $49,110 $55,248 561,387 563,843 566,298 $71,209 $76,120 $81,031] 26% suse] $143,713 May, Cumberiand, |Low 526857 S28775 $30,684 $34,530 $38,367 $39,902 $41,436 $a8505 $47,575 $50,544] and Salem very Low S1G116 _$17265 $18,416 $20,718 $23,020 $23,941 $24,862 $26,703 $28545 $30,387 ‘Moderate income is between 80 and 50 percent of the medion incame. Law income ls 5O percent Or less of median Income. Very low income i230 percent of eae of median income. * These columas are for calculating the pricing for one, two and three bedroom sale and rental units ax par NIAC, 5:80-26.5| ** This column is used for calculating the pricing for rent increases for units (as previously calculated under NJAC, 5:97-9.3), The increase for 2015 was 2.3%, the increase for 2016 was 1.1%, the increase for 2017 was 1.7%, and the increase for 2018 was 226, The increase for 2019 is 2.6% (Consumer price Index for All Urban Consumers (CPi): Regions by expenditure category and commodity and service group). Landlords wha did not increase rents in 2015, 2016, 2017, or 2018 may increase rent by up to the applicable combined percentage including 2019 or 8.0% whichever ls less in accordance with NJAC. 5:97-9.3(¢}. In ho cate can rent for any particular apartment be increased more than one time per year *** This column is used for calculating the pricing for resale increases for units (as previously calculated under W..A.C. 5:97.93). The price of owneroccupied low and moderate income units may Increase annually based on the percentage increase in the regional median income limit for each housing region. in no event shail the maximum resale price established by the administrative agent bbe lower than the last recorded purchase price. Low income tax credit developments may increase based on the low income tax credit regulations. **** The Regional Asset Limit s used in determining an applicant's eligibility for affordable housing pursuant to N.J.A.C. $:80-26.16(b)3.