NAHMA HUD Update: FY2024 Income and Rent Limits Update for CPD Programs

April 30, 2024

Dear NAHMA Members –

Please see the HUD update below with links to FY24 Income and Rent Limits for CPD Programs (HOME, HTF, etc.):

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FY 2024 Income and Rent Limits Update

FY 2024 Income Limits

The FY 2024 Income Limits for the following programs are published and effective May 1, 2024:

The FY 2024 Income Limits for the following programs are published and effective June 1, 2024:

FY 2024 Rent Limits

The FY 2024 Rent Limits for the following programs are published and effective June 1, 2024:
 

How Does this Affect the Income Calculator?

For the CDBG, CDBG-DR, and NSP programs, the CPD Income Eligibility Calculator will be updated on May 1, 2024 to reflect these programs’ effective date. For these programs only, calculations based on the FY 2023 Income Limits data are accessible only if downloaded from the calculator and saved to a user’s hard drive (or printed off) prior to May 1. Calculations completed on or after May 1, will use the FY 2024 Income Limits for the purpose of determining eligibility.

Please note that for the rest of the CPD programs (e.g., ESG, HOPWA, HOME, HTF), the CPD Income Eligibility Calculator will continue to use FY 2023 Income Limits until the FY 2024 are in effect on June 1, 2024.