Investor Presentaiton

INCOME RESTRICTED UNITS BY INCOME CATEGORY Income restrictions are concentrated in lower income ranges of household income between $43,451 and $69,520. Not many units at the low and high end of income restrictions. In reality, there are few units that are available to Extremely Low and Very Low Income households. Source: North Dakota Housing Finance Agency (2022) and USDA (2022a) Income Category HUD Income Limits Income- Restricted Housing Units Extremely Low Income O to 30% MFI Less than $26,070 31% to 50% MFI 951 Very Low Income 1,953 $26,070-$43,450 Low Income 51% to 80% MFI $43,451-$69,520 8,633 Lower Moderate and 81% to 140% 824 Moderate Income $69,521-$121,660 Total 12,361

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