FY 2018 HUD Income Limits Now Available on HUD User

HUD's Office of Policy Development and Research

Website

FY 2018 HUD Income Limits

HUD has released the estimated median family incomes (MFIs) and income limits for Fiscal Year (FY) 2018. MFIs are used as the basis for income limits in several HUD programs, including the Public Housing, Section 8 Housing Choice and Project-Based Voucher, Section 202 housing for the elderly, and Section 811 housing for persons with disabilities programs, as well as in programs run by agencies such as the Department of the Treasury, the Department of Agriculture, and the Federal Housing Finance Agency.

FY 2018 MFI estimates are calculated for 625 metropolitan areas and 1,974 nonmetropolitan counties in the U.S. and Puerto Rico using 2011–2015 5-year American Community Survey (ACS) and Puerto Rico Community Survey (PRCS) data, augmented by 2015 1-year ACS and PRCS data and brought forward to the midpoint of FY 2018 using a Consumer Price Index (CPI) forecast. For the non-Puerto Rico Insular Areas of the United States, 2010 Decennial Census data were used, augmented by national ACS income changes and a CPI forecast trend factor. The FY 2018 MFI data use the Section 8 program's Fair Market Rent area definitions.

Income limits are calculated in relation to MFIs for each FMR area with adjustments for family size and for areas with unusually high or low family income or housing-cost-to-income relationships.

Visit the FY 2018 Income Limits page on HUD User to access the data and documentation.

Published on:
April 10, 2018 - 1:55pm
Share Tweet LinkedIn Email