HUD has announced the 2009 income limits. Please see below announcement for details.
The Income Limits for 2009 were published by HUD effective March 19, 2009.
These income limits may be used immediately for SHRA’s homebuyer programs:
Household Size 80% 110% (Target Area Program)
1 person $40,800 $56,100
2 person $46,600 $64,000
3 person $52,450 $72,050
4 person $58,250 $80,100
5 person $62,900 $86,450
6 person $67,550 $92,850
7 person $72,250 $99,350
8 person $76,900 $105,700
The area median income is $72,800. Updated Fact Sheets and Guidelines will follow.