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HUD Releases FY 2013 Multifamily Income Limits

“On December 4, HUD released its Income Limits for Fiscal Year (FY) 2013 for multifamily programs.  HUD is required by law to set income limits that determine the eligibility of applicants for HUD’s assisted housing programs, including public housing, project-based Section 8, Section 8 Housing Choice Vouchers, Section 202, and Section 811.  The new income limits are effective immediately.” – Sally Malone, NCSHA, December 6, 2012.

There have been some income limit reductions in Washington, Windsor, Essex, and Orleans counties. Please see attached HUD documentation for 2013 income limits and for last year’s statewide limit comparisons. [Special thanks to VHFA’s Maura Collins for summarizing and distributing this information.]

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