Hud Low Income Limits 2024. On april 1, 2024, the u.s. The rent does not exceed 30 percent of the annual income of a family whose income equals 50 percent of the median income for the area, as determined by hud, with adjustments for.
Hud develops income limits based on median family income and fair market rents. The home income limits are calculated using the same methodology that hud uses for calculating the income limits for the section 8 program, in accordance with section 3 (b) (2) of the u.s.
