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QUALIFICATION

QUALIFICATION

 

At Queen Emma, a certain number of units are set aside for lower income households. Households must earn either less than 30% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size).

 

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Downtown Honolulu but actual income limits may differ for units at Queen Emma.

 

*Queen Emma currently at (4-units) 30% and all other units at 60% income limit.


 

  AMI Band

1 Person

2 Person

3 Person

4 Person

5 Person

6 Person

7 Person

8 Person

Income at (30%)

$27,450

$31,350

$35,280

$39,180

$42,330

$45,450

$48,600

$51,720

Income at (60%)

$54,900

$62,700

$70,560

$78,360

$84,660

$90,900

$97,200

$103,440