The U.S. Department of Housing and Urban Development has released the new area median income limits for Fiscal Year 2011. They are effective May 31, 2011. The income limits are used to determine maximum incomes for eligible households and maximum rent limits under a variety of HUD programs (e.g., Section 8) as well as other programs. The separate Multiple Tax Subsidy Project (MTSP) limits are used just for low-income housing tax credit projects and tax-exempt bond-financed rental housing projects. Read more…
Related Posts
Rural Development – Multifamily Housing Form RD 3560-8, Tenant Certification Update
The Rural Housing Service (RHS) Office of the Multifamily Housing announced an updated Form RD 3560-8 Tenant Certification for the July 1, 2025 implementation of the changes to income and asset calculations due to the Housing Opportunity Through Modernization Act (HOTMA).
Oregon Gov. Kotek Releases Recommended Budget, Includes Advised Funding for Housing Programs
Gov. Tina Kotek released the Governor’s Recommended Budget (GRB), detailing her vision to build on housing progress.
Oregon Housing & Community Services Releases Inaugural State of the State’s Housing Report
Oregon Housing and Community Services (OHCS) unveiled the first State of the State’s Housing Report for Oregon, providing an in-depth analysis of housing availability and affordability across the state.
Oregon Housing & Community Services to Add and Preserve More Than 400 Affordable Homes to Serve Seniors, Youth and BIPOC Communities
Oregon Housing & Community Services is funding the creation, preservation and rehabilitation of more than 400 affordable homes across the state. These homes will help fill the need for housing for Oregonians with low incomes, including seniors, youth, and Black, Indigenous, and People of Color (BIPOC) communities.