Calculate affordable housing for real estate investments and properties
Enter the area median income and household size. The calculator determines income limits and affordable rent levels based on HUD affordable housing guidelines.
For a family of 4 with area median income of $80,000, affordable rent at 60% AMI would be approximately $1,200/month.
It means a household earning 60% of the Area Median Income. HUD sets income limits based on family size and location.
Affordable rent is typically 30% of the household's monthly income at the specified AMI level (e.g., 60% AMI, 80% AMI).
Yes, developers can qualify for Low-Income Housing Tax Credits (LIHTC) and other incentives when providing affordable units.