HOUSEHOLD SIZE: Includes each person who will reside in the home.
HOUSEHOLD INCOME: All income from any income source, including but not limited to, all wages, social security payments, retirement benefits, military and veteran's disability payments, unemployment benefits, welfare benefits, and interest and dividend payments.
MINIMUM ALLOWABLE HOUSEHOLD INCOME: Two an half times the rental amount.
MAXIMUM ALLOWABLE HOUSEHOLD INCOME: HUD (US Department of Housing of Urban Development) publishes annual gross income limits based on household size that are used to determine the maximum household income.
1 Person -
60% - $36,540.00
2 Person -
60% - $41,760.00
3 Person -
60% - $46,980.00
4 Person -
60% - $52,140.00
5 Person -
60% - $56,340.00
6 Person -
60% - $60,540.00