Search:
Income Eligibility Limits - Gloversville Housing Authority
16288
page-template,page-template-full_width,page-template-full_width-php,page,page-id-16288,edgt-core-1.2.1,ajax_fade,page_not_loaded,,hudson-ver-3.2.1, vertical_menu_with_scroll,smooth_scroll,blog_installed,wpb-js-composer js-comp-ver-6.5.0,vc_responsive

Income Eligibility Limits

Eligibility Income Limits For Public Housing & Section 8 Housing Assistance Programs

FY 2020 Income Limits Summary

Number in Family

Extremely
Low Income
*

Very Low Income
50% of Median

Low Income
80% of Median

1 $14,150 $23,550 $37,650
2 $17,240 $26,900 $43,000
3 $21,720 $30,250 $48,400
4 $26,200 $33,600 $53,750
5 $30,680 $36,300 $58,050
6 $35,160 $39,000 $62,350
7 $39,640 $41,700 $66,650
8 $44,120 $44,400 $70,950

* The FY 2014 Consolidated Appropriations Act changed the definition of extremely low-income to be the greater of 30/50ths (60 percent) of the Section 8 very low-income limit or the poverty guideline as established by the Department of Health and Human Services (HHS)., provided that this amount is not greater than the Section 8 50% very low-income limit. Consequently, the extremely low income limits may equal the very low (50%) income limits.

Income Limit areas are based on FY 2020 Fair Market Rent (FMR) areas.

For information on FMRs, please see our associated FY 2020 Fair Market Rent documentation system.

Families

No Deduction on above income limits to determine eligibility

No Asset Limit

$480.00 deduction for family members (except head or spouse) under 18, disabled, handicapped or full time student

Child care expenses allowed

Elderly Only

– $400.00 deduction for elderly family

– Medical expenses in excess of 3% of gross income

– Imputed interest of $0.06% must be used for assets exceeding $5,000.00 (per 06/21/02 notice)

Family

Imputed interest of 0.06% must be used for assets exceeding $5,000 (per 06/21/02 notice)