DEVELOPMENT BANK

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Section 1602 Program For Project Owners

Established by the Tax Reform Act of 1986, the Section 1602 Low Income Housing is a program that was created to help low income individuals and families seeking affordable rental units or housing.

Section 1602 Program for Project Owners

Lease Agreements

Income & Rent Limits

Download the PDF below for more details of the income and rent limits of their respective year.