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STAMOF- CAUEORNIA- RIISINRSC TRANSPfIRTkTIl5N At4C�.101151NCA(iE14Cy FQPd11PIQ.C�RCWN IR ,S,ovamo[ <br />DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT <br />Division of Housing Policy Development nw 2020 W EI Camino Avenue, Suite 500 <br />Sacramento. CA 05853 <br />(016) 203-29111 FAX (016) 2834453 <br />vanv,hcd.ca.gov <br />MEMORANDUM <br />DATE: April 15, 2015 <br />TO: Interested Parties / <br />,4 -r''i <br />FROM: Lisa Bates, Deputy Director <br />Division of Housing Policy Development <br />SUBJECT: State Income Limits for 2015 <br />Attached are briefing materials and State Income Limits for 2015 reflecting median income and <br />household income levels for extremely low -, very low -, low -, and moderate- income households <br />for California's 56 counties. Updated 2015 income Limits are now in effect and replace last <br />year's limits. 2015 income limits can be downloaded on the Department of Housing and <br />Community Development's (Department) website <br />< hftp:// www. facd. ca .povll7nd/hrclrevlsfatelirioNote hfrnl >. <br />State Income Limits apply to desiq-nated pro rg ams and are to be used to determine <br />applicant eligibility (based on level of household income) and to oaiculate affordable housing <br />cost for applicable housing assistance programs. Note that use of State Income Limits is <br />subject to a particular program's definition of income, family, family size, effective <br />dates, and other factors. Also, definitions applicable to income categories, criteria, and <br />geographic areas sometimes differ depending on funding source and program resulting <br />in some programs using other income limits. <br />California's 2015 income limits were updated based on: (1) federal income limit <br />changes the U,S. Department of Housing and Urban Development (HUD) released on <br />March 6, 2015 and revised on March 10, 2015 for its Section £3 Housing Choice Voucher <br />Program income limits and (2) adjustments the Department made based on particular <br />State statutory provisions and the Department's 2013 Hold Harmless (HH) Policy. <br />Since 2013, the Department's HH policy has held State Income Limits harmless from <br />any decreases in household income category and median income levels that HUD, since <br />2010, began applying to Its Section B Income Limits after eliminating its longstanding Hold <br />Harmless Policy. HUD determined its HH Policy was no longer necessary due to federal <br />law changes in 200£3 (Public Law 110 -98) prohibiting any rent decreases in federal or <br />private activity bond funded projects. <br />Please contact Department staff at (916) 263 -2911 to answer questions concerning <br />State income Limits. <br />Attachments: 2015 State Income Limits and Briefing Materials <br />55A -51 <br />