Income Limits
HUD is required by law to set income limits that determine the eligibility of applicants for HUD’s assisted housing programs, including the public housing program. The income limits are published annually and are based on HUD estimates of median family income in a particular area or county, with adjustments for family size.
Types of Low-Income Families
- Low-income family: A family whose annual income does not exceed 80 percent of the area’s median income (AMI), adjusted for family size.
- Very low-income family: A family whose annual income does not exceed 50 percent of AMI, adjusted for family size.
- Extremely low-income family: A family whose annual income does not exceed 30 percent of AMI, adjusted for family size.
HUD may establish income ceilings higher or lower than 30, 50, or 80 percent of the median income for an area if HUD finds that such variations are necessary because of unusually high or low family incomes.
FY 2024 Income Limits for Tacoma, WA
Below is a table to help know if you qualify for help.
Being outside the income limit does not automatically disqualify you. Please contact us to learn more about eligibility.
Household Size | Low Income (80% AMI) | Very Low Income (50% AMI) | Extremely Low Income |
---|---|---|---|
1 | $64,900 | $40,550 | $24,350 |
2 | $74,150 | $46,350 | $27,800 |
3 | $83,400 | $52,150 | $31,300 |
4 | $92,650 | $57,900 | $34,750 |
5 | $92,900 | $62,550 | $37,550 |
6 | $100,100 | $67,200 | $41,960 |
7 | $114,900 | $71,800 | $47,340 |
8 | $122,300 | $76,450 | $52,720 |
- More about Income Limits at huduser.gov
Income Limits for Market-Rate Properties
When Tacoma Housing Authority leases market-rate units, we typically do so at 60% AMI. To qualify, the renter’s total household income for the year must be below the income limit, which varies based on the size of the household:
Household Size | Income Limit (60% AMI) |
---|---|
1 | $48,660 |
2 | $55,620 |
3 | $62,580 |
4 | $69,480 |
5 | $75,060 |
6 | $80,640 |
If you have questions about whether you qualify, reach out to the apartment’s property office.