Different income limits apply to different programs.   

Beginning with FY 2010 Income Limits published on May 14, 2010, HUD eliminated its long standing “hold harmless” policy1 but limited all annual decreases to five percent and all annual increases to the greater of five percent or twice the change in the national median family income (MFI). HUD has maintained these limits to increases and decreases in income limits for FY 2017. For FY 2017 income limits, the national MFI for the United States for FY 2017 is $68,000, an increase of 3.5 percent compared to the national MFI for FY 2016. Twice this change is greater than five percent, so this higher value is used as the cap on increases, or seven percent.

This year, the new FY2017 Income limits are effective immediately for HUD's multifamily housing program. 

How this affects you

For the more common programs among LeadingAge members, here are your specific limit standards:

  • All Section 8 programs use the very low-income or low-income standards, and have a specific PDR Notice/transmittal.  Access this year's income limits here.
     
  • Section 202 elderly or 811 disabled (PRAC) programs use very low-income or low-income standards.
     
  • The Section 236 rental program uses the low-income standard, and shares a PDR Notice/transmittal with the Section 221d3, which uses "95%" of area median income, defined as 95/80ths of low-income definition.
     

However, projects financed with Section 42 Low Income Housing Tax Credits (LIHTC) or section 142 tax exempt private equity bonds should use the Multifamily Tax Subsidy Project Income Limits available at Multifamily Tax Subsidy Project Income Limits.