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HUD Releases Income Limits for 2004

Thursday, January 29, 2004 - 1:45AM

The Department of Housing and Urban Development (HUD) has released income limits for 2004, effective 1/28/04. Click here for links to Median Family Income, Income Limits and accompanying information and tables from HUD. Some changes are a result of increases to FMRs because HUD incorporates FMRs in its income calculation in areas that meet the definition of high housing cost. For more coverage, look for articles in the March issue of Novogradac & Company LLP's Property Compliance Report. Novogradac & Company LLP has updated its Rent & Income Limit Calculator© to include 2004 data.

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