Waterbury-Shelton, CT MSA · FY2026 area median income $114,000 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $436 | $654 | $872 | $1,090 | $1,308 | $1,526 | $1,744 |
| 1BR | $467 | $700 | $934 | $1,167 | $1,401 | $1,634 | $1,868 |
| 2BR | $560 | $840 | $1,121 | $1,401 | $1,681 | $1,961 | $2,242 |
| 3BR | $647 | $971 | $1,295 | $1,618 | $1,942 | $2,266 | $2,590 |
| 4BR | $722 | $1,083 | $1,445 | $1,806 | $2,167 | $2,528 | $2,890 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $26,160 | $43,600 | $52,320 | $69,760 |
| 2 persons | $29,880 | $49,800 | $59,760 | $79,680 |
| 3 persons | $33,630 | $56,050 | $67,260 | $89,680 |
| 4 persons | $37,350 | $62,250 | $74,700 | $99,600 |
| 5 persons | $40,350 | $67,250 | $80,700 | $107,600 |
| 6 persons | $43,350 | $72,250 | $86,700 | $115,600 |
| 7 persons | $46,320 | $77,200 | $92,640 | $123,520 |
| 8 persons | $49,320 | $82,200 | $98,640 | $131,520 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Beacon Falls town to see the sources and uses, bond test, DSCR, and funding gap using these rents.