25.11.2014 Views

ACOP - San Antonio Housing Authority

ACOP - San Antonio Housing Authority

ACOP - San Antonio Housing Authority

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Effective Date: 12/01/11<br />

Issue Date: ______12/12/11_____<br />

Expires: Effective until superseded.<br />

______________________________________________________________________________<br />

FY 2012 Income Limits Documentation System<br />

FY 2012 Income Limits Summary<br />

<strong>San</strong> <strong>Antonio</strong>, TX HUD Metro FMR Area<br />

FY 2012<br />

Income<br />

Limit<br />

Area<br />

Median<br />

Income<br />

FY 2012<br />

Income<br />

Limit<br />

Category<br />

1<br />

Person<br />

2<br />

Person<br />

3<br />

Person<br />

4<br />

Person<br />

5<br />

Person<br />

6<br />

Person<br />

7<br />

Person<br />

8<br />

Person<br />

<strong>San</strong><br />

<strong>Antonio</strong>,<br />

TX HUD<br />

Metro<br />

FMR<br />

Area<br />

$60,800<br />

Very Low<br />

(50%)<br />

Income<br />

Limits<br />

Extremely<br />

Low<br />

(30%)<br />

Income<br />

Limits<br />

Low<br />

(80%)<br />

Income<br />

Limits<br />

$21,300 $24,350 $27,400 $30,400 $32,850 $35,300 $37,700 $40,150<br />

$12,800 $14,600 $16,450 $18,250 $19,750 $21,200 $22,650 $24,100<br />

$34,100 $38,950 $43,800 $48,650 $52,550 $56,450 $60,350 $64,250<br />

The <strong>San</strong> <strong>Antonio</strong>, TX HUD Metro FMR Area contains the following areas: Bandera County, TX ; Bexar County,<br />

TX ; Comal County, TX ; Guadalupe County, TX ; and Wilson County, TX .<br />

Income Limit areas are based on FY 2012 Fair Market Rent (FMR) areas. For a detailed<br />

account of how this area is derived please see our associated FY 2012 Fair Market Rent<br />

documentation system.<br />

Purpose: Public <strong>Housing</strong> / Section 8 income limits are used to determine the income eligibility of<br />

applicants for the Public <strong>Housing</strong>, Section 8, and other programs subject to Section 3(b) (2).<br />

The revised income limits are based on HUD estimates or median family income for Fiscal Year 2012.<br />

HUD released theFiscal Year (FY) 2012 Income Limits for Section 8 properties on December 1,2011. The<br />

new income limits are effective immediatelyand must beutilized in the processing of all move-in certifications<br />

effective December 1,2011 and later.<br />

Note:Each year, HUDpublishes new income limits for the multifamily industry. For the last<br />

severalyears, the new income limits were publishedafter the first of the year,generally between March<br />

and May. However, HUD has published the income limits earlier this year to better coincide with<br />

their FY of October 1-September 30.<br />

SAHA <strong>ACOP</strong> Page 22 of 60 1/2012

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!