Effective June 15, 2023
FY 2023 Median Income $115,700
All information presented here applies to all of the Burlington-South Burlington, VT MSA.
Source: https://www.hudexchange.info/resource/5334/cdbg-income-limits/
|
# In Household* |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
|
Extremely Low-Income Limits:(30% of median) |
$23,900 | $27,300 | $30,700 | $34,100 | $36,850 | $40,280 | $45,420 | $50,560 |
|
Very Low-Income Limits: |
$39,800 | $45,450 | $51,150 | $56,800 | $61,350 | $65,900 | $70,450 | $75,000 |
|
Low-Income Limits: |
$63,600 | $72,700 | $81,800 | $90,850 | $98,150 | $105,400 | $112,700 | $119,950 |
*Household means all related or unrelated persons who occupy a housing unit.
The housing programs of CEDO cap household income eligibility at 80% of median (see the table above). To determine if your property is eligible, see the chart below:
|
Property Requirements |
|
|
# of Units/Households |
Minimum # of Income-Qualified Units/Households |
|
1 |
1 |
|
2 |
1 |
|
3 or more |
51% of the total |
Income guidelines are set annually by the U.S. Department of Housing & Urban Development.
