HUD Releases New Income Limits for FY2011

On May 31, 2011, the U.S. Department of Housing and Urban Development (HUD) released its income limits for FY 2011.

Enacted through the Housing and Economic Recovery Act of 2008, the income limits are used to determine qualification levels and set maximum rental rates for projects funded by low-income housing tax credits (LIHTC) and tax-exempt bonds.

For more information, visit the HUD website.

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