Calculate Nashville Low Income Housing Tax Credit Income Qualifications

Understanding and calculating Nashville low income housing tax credit income qualifications is crucial for individuals and families seeking affordable housing. This calculator and guide will help you determine if you meet the income requirements for low-income housing in Nashville.

1. Enter your annual gross income.
2. Select your family size.
3. Click ‘Calculate’.

The calculation is based on the HUD income limits for Nashville. The formula is as follows:

Income Limit = (30% of Median Area Income for Family Size) * (Number of Families in the Area)

Nashville Income Limits for 2021

Family Size	Income Limit

Nashville Median Gross Rents for 2021

Family Size	Median Gross Rent

• Always use the most recent income limits and rent data.
• Consider other factors like utilities and location when choosing housing.

What if my income changes mid-year?

You may need to recertify your income with your housing authority.

For more information, visit the HUD website or the Nashville Housing Authority.