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HUD CORRECTS NEW YORK METRO AREA INCOME LIMITS

Wednesday, June 1, 2011 - 1:30AM

The U.S. Department of Housing and Urban Development (HUD) today issued corrected fiscal year (FY) 2011 income limit values for the New York, N.Y. HUD Metro Fair Market Rent Area. Following yesterday’s publication of FY 2011 income limits for areas nationwide, the agency said it identified an inconsistency in the values for the New York metro area, which includes Bronx County, Kings County, New York County, Putnam County, Queens County and Richmond County. HUD said it has updated all information contained on its web site to reflect the correct values.


If you have questions about the new 2011 income limits, please e-mail Jim Kroger, CPA, at [email protected] or click here to learn more about Novogradac & Company's property compliance services.

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