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Rent and income limits are established and updated periodically by the US Department of Housing and Urban Development (HUD). They apply to the HOME-assisted units throughout the Period of Affordability.
Rent Limits For HOME-Assisted Units
Effective: July 1, 2024
The maximum allowable rent must be reduced by any tenant-paid utilities. When adjusting rents, use the utility allowances published by the Housing Authority of Clackamas County.
Any other utility allowance must be approved by the county. (Utilities do not include telephone or cable.)
| Unit size | Low home rent limit | High home rent limit |
| Efficiency | $1,032 | $1,323 |
| 1 bedroom | 1,106 | 1,419 |
| 2 bedrooms | 1,327 | 1,704 |
| 3 bedrooms | 1,534 | 1,960 |
| 4 bedrooms | 1,711 | 2,168 |
| 5 bedrooms | 1,888 | 2,373 |
| 6 bedrooms | 2,065 | 2,579 |
Tenant Income Limits For HOME-Assisted Units
Effective: May 1, 2024
| 50% Low CDBG/HOME, 2024 | 60% Initial HOME, 2024 | 80% Mod CDBG/HOME, 2024 | |
| 1 person | $41,300 | $49,650 | $66,100 |
| 2 people | 47,200 | 56,640 | 75,550 |
| 3 people | 53,100 | 63,720 | 85,000 |
| 4 people | 59,000 | 70,800 | 94,400 |
| 5 people | 63,750 | 76,500 | 102,000 |
| 6 people | 68,450 | 82,140 | 109,550 |
| 7 people | 73,200 | 87,840 | 117,100 |
| 8 people | 77,900 | 93,480 | 124,650 |
Important:
- For projects with five or more HOME-assisted units, at least 20% of HOME-assisted units must have rents at or below the Low HOME Rents and the tenants' incomes must be at or below 50% of median income.
- No tenant may sign an initial lease in a HOME-assisted unit if the household income exceeds 80% of AMI.
- During occupancy, if a tenant's income rises above 80% of median income, then the tenants must pay 30% of their adjusted income for rent. Exception: federal tax credit projects.
