Updated COAH Calculators
Not only has the State of New Jersey not released new income limits since 2014, there have been no updates to the Rental and Sale calculators provided by COAH since 2014. In conjunction with calculating updated income limits for years beyond 2014, AHPNJ recognized the need to update these excel-based calculators that the New Jersey Council on Affordable Housing have created and posted on their website for use in calculating rents and sales prices for affordable properties. AHPNJ has created updated versions of these calculators retaining all of the original calculations developed by COAH, only updating values for 2017 income limits and 2017 HUD utilities where applicable.
Because the 2017 income limits developed by AHPNJ have not been approved in every municipality, we are providing two sets of calculators: one set with 2014 income limits and one set with 2017 income limits. Both sets of calculators utilize 2017 HUD utility figures where applicable as these have generally decreased since 2014. Users of these calculators must check with the appropriate legal entities, professional planners, and municipalities involved in the project in order to determine which calculator would be appropriate to use
AHPNJ has updated these calculators, originally conceived and created by the New Jersey Council on Affordable Housing, for the sole purpose of providing information and assistance. These materials are for educational, non-commercial, discussion purposes only, and should not be relied on for business, legal, or financial decisions. Any use of these materials and the computations made in these materials for business, legal and financial advice must be tailored to the specific circumstances of each case, nothing provided herein should be used as a substitute for the advice of competent professionals. AHPNJ makes no claim, promise, guarantee or representation as to the suitability, reliability, appropriateness or accuracy of the information contained in these materials.
For more information on specifically what had been edited and update for each calculator, download this PDF.
If you have any questions regarding the operation of these calculators, please feel free to contact Randall Gottesman by email at firstname.lastname@example.org.