Effective May 1, 2o24
FY 2024 Median Income $118,900
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) |
$25,000 | $28,550 | $32,100 | $35,650 | $38,550 | $41,400 | $44,250 | $47,100 |
|
Very Low-Income Limits: |
$41,650 | $47,600 | $53,550 | $59,450 | $64,250 | $69,000 | $73,750 | $78,500 |
|
Low-Income Limits: |
$66,600 | $76,100 | $85,600 | $95,100 | $102,750 | $110,350 | $117,950 | $125,550 |
*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.
