Lintel
Vol. I · No. 1FY 2027 Projection Cycle
Forward Income & Rent Projections

What HUD will publish next April, calculated today.

Lintel projects HUD's Very Low Income limits and LIHTC rent ceilings for every U.S. county — using the same ACS, CBO, and FMR data HUD does, with confidence intervals and cap-proximity signals that no other source publishes.

Search any U.S. county →

Try: Miami-Dade · Cook · Maricopa · Harris · King

3,088
U.S. counties covered
2,676
HUD FMR areas
6
AMI tiers per area
May 1
Annual HUD release
§ I — CoverageUpdated annually
§ II — What you get

Two metrics no other source publishes.

Differentiator

95% confidence intervals.

Every projection ships with a statistically grounded range — built from ACS sampling error and CBO forecast variance — so underwriters can stress-test deals against the downside.

$65,200 – $68,150
Miami-Dade FY26 4p VLI · 95% CI
Differentiator

Cap-proximity signals.

When HUD's 10% cap binds, areas accumulate pent-up upside that releases in future years. We surface it explicitly — a signal Novogradac's reports do not provide.

$15,488
Deferred upside · Miami-Dade FY26
Coverage

Every U.S. county.

All 3,088 counties mapped to their 2,676 HUD FMR areas. Florida-detailed methodology, scaled nationwide.

3,088
Counties covered
Provenance

HUD's own method.

Same procedure described in HUD Notice PDR-2026-01. Same ACS B19113 source data. Same CBO trend factor. Same caps and floors.

10 steps
Calculation pipeline
§ III — Sample report

Miami-Dade, an example.

What you'd see for any of the 3,088 counties — projected limits, historical trajectory, confidence intervals, cap signals.

Projection Report
Miami-Miami Beach-Kendall, FL
Fiscal Year
2026
4-Person Very Low Income
$68,150+10.0%
95% CI: $65,200 – $68,150
Capped — pent-up upside
$15,488
Deferred to future years by HUD's 10% cap. Raw growth was +37.9%.
LIHTC Rent Limits — Selected
AMI1 BR2 BR3 BR
30%$766$919$1,062
50%$1,277$1,532$1,770
60%$1,533$1,839$2,124
80%$2,044$2,452$2,833
View full Miami-Dade report
§ V — Pricing

Less than a single LIHTC underwriting hour.

Novogradac charges $500 per county. We charge a third of that, with sharper data and the option to subscribe for unlimited access.

Pay per report
$149
per county · per fiscal year

For one-off feasibility checks on a specific deal.

  • Full projection report for one county, one fiscal year
  • All 6 AMI tiers, all bedroom types
  • Confidence intervals & cap-overhang trajectory
  • PDF + Excel export
  • Data refreshes within the purchased fiscal year
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Monthly subscription
$299
per month

For underwriters running multiple deals across markets.

  • Unlimited county reports
  • All historical years included
  • Bulk Excel exports
  • API access
  • Email alerts when HUD publishes
  • Cancel anytime
Start subscription
Annual + Enterprise
Talk to us
for teams of 5+

Volume pricing, SSO, custom data feeds.

  • Everything in Monthly
  • Volume discount (typically 30-40%)
  • Single sign-on
  • Custom CSV/API integrations
  • Dedicated support
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§ IV — Methodology

Built from HUD's own published method.

Each projection follows the exact procedure described in HUD Notice PDR-2026-01: Census ACS B19113 medians filtered for statistical reliability, inflated by the most recent CBO per-capita wages forecast, then subjected to high-housing-cost adjustments, state non-metro floors, the national 80% maximum, and the FY-specific year-over-year cap.

The result is what HUD's formula would produce given the data already public. Where Novogradac stops, we continue — publishing 95% confidence intervals and a cap-proximity signal that flags counties whose limits are artificially constrained today and likely to release pent-up upside next year.

Read the full methodology

One projection could change a deal's feasibility.

See where rents are headed before HUD makes it official.

Browse countiesView pricing