The project's average rent, taken annually across all unit rents, must not exceed 30 percent of 100 percent of AMI

rd538.rent_limit.project_average_rent_capped_at_thirty_percent_of_100_percent_ami · v1.0.0

In addition to the per-unit ceiling, on an ANNUAL basis the AVERAGE rent for a Section 538 project, taking into account all individual unit rents, must not exceed 30 percent of 100 percent of area median income, adjusted for family size. This is a portfolio-level test on the project as a whole, not a unit-level test: a project may carry units at the 115 percent ceiling provided the average across every unit stays at or below the 100 percent figure.

Confidence

high

Effective from

1998-07-22

Last reviewed

2026-08-30