Hud Home Income Limits 2024 For Seniors. Department of housing and urban development (hud) released new income limits for cdbg, home, and other hud programs for 2024. Effective july 1, 2014, the statutory definition of extremely low income (eli), formerly the 30% of ami income targeting standard, was changed.
The maximum home rents are the. The home income limits are calculated using the same methodology that hud uses for calculating the income limits for the section 8 program, in accordance with section 3 (b) (2) of the u.s.