 |
|
HUD annually
establishes income limits by family size for the area in which the PHA is
located. A family's gross annual income is compared to the applicable income
limits to determine eligibility for housing assistance and must be within
the income limits for the PHA's jurisdiction.
Public Housing Program
To be eligible for
Public Housing Assistance, the family's gross annual income may not exceed
the current Low-Income Limits.
Income Targeting Requirement. HUD requires that at least 40 percent
of families who are admitted to the Public Housing Program during each year
must be extremely low-income.
Section 8 Housing Choice Voucher Program
To be eligible to
receive housing assistance under the Section 8 Housing Choice Voucher
Program, the family's gross annual income, in most cases, may not exceed the
current Very-Low Income Limits. In some instances, however, families whose
gross annual income is above the current Very-Low Income Limit, but below
the current Low-Income Limits, may be considered to be eligible for Section
8 Housing Assistance if they are: (1) Continuously assisted under the Public
Housing or Section 8 Programs; (2) Non-purchasing households in HUD
homeownership programs (HOPE 1, HOPE 2, or other HUD-assisted multifamily
homeownership programs under CFR 284.173); or, (3) Displaced as a result of
the prepayment of a mortgage or voluntary termination of a mortgage
insurance contract.
Income Targeting Requirement
HUD requires that
at least 75 percent of families who are admitted to the Section 8 Housing
Choice Voucher Program during each year must be Extremely Low-Income.
|
MAXIMUM ANNUAL INCOME LIMITS -
FY 2006 |
|
Number
of Family
Members |
INCOME CATEGORIES |
|
EXTREMELY-LOW
INCOME |
VERY-LOW
INCOME |
LOW
INCOME |
|
1 |
14,100 |
23,500 |
37,600 |
|
2 |
16,100 |
26,850 |
42,950 |
|
3 |
18,150 |
30,200 |
48,350 |
|
4 |
20,150 |
33,550 |
53,700 |
|
5 |
21,750 |
36,250 |
58,000 |
|
6 |
23,350 |
38,900 |
62,300 |
|
7 |
25,000 |
41,600 |
66,600 |
|
8 |
26,600 |
44,300 |
70,900 |
|