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Income Limits

Income Limits - FY 2023-2024
Effective May 15, 2023
# of Persons 1 2 3 4 5 6 7 8
Low Income $55,450 $63,400 $71,300 $79,200 $85,550 $91,900 $98,250 $104,550
Very Low Income $34,650 $39,600 $44,550 $49,500 $53,500 $57,450 $61,400 $65,350
Extremely Low Income $20,800 $23,800 $26,750 $30,000 $35,140 $40,280 $45,420 $50,560

*Updated as of April 18, 2022

This information is found at HUD USER FY 2023 Income Limits Documentation System

https://www.huduser.gov/portal/datasets/il/il2023/2023summary.odn

 

Fair Market Rents - FY 2023-2024
Effective January 1, 2024

Bedroom Size 0 1 2 3 4
FMR $1,279 $1,287 $1,493 $2,079 $2,532
Payment Standard $1,406 $1,415 $1,642 $2,286 $2,785

Note: The Payment Standard will be used to calculate rent for the Housing Choice Voucher Program.  

Payment Standards are effective January 1, 2024 for all annual certifications and initial lease ups including unit transfers.  Payment Standards were calculated within the 90% - 110 % range of the published FMRs.