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HomeMy WebLinkAboutHACAP - Additional AttachmentSelect a different county or county equivalent in Iowa: Ida County Iowa County Jackson County Jasper County Jefferson County Johnson County Select any FY2022 HUD Metropolitan FMR Area's Income Limits: Iowa City, IA HUD Metro FMR Area Select HMFA Income Limits Area FY 2022 I L D S HUD.gov HUD User Home Data Sets Fair Market Rents Section 8 Income Limits MTSP Income Limits HUD LIHTC Database FY 2022 Income Limits Summary Selecting any of the buttons labeled "Click for More Detail" will display detailed calculation steps for each of the various parameters. FY 2022 Income Limit Area Median Family Income Click for More Detail FY 2022 Income Limit Category Persons in Family 1 2 3 4 5 6 7 8 Iowa City, IA HUD Metro FMR Area $109,000 Very Low (50%) Income Limits ($) Click for More Detail 38,150 43,600 49,050 54,500 58,900 63,250 67,600 71,950 Extremely Low Income Limits ($)* Click for More Detail 22,900 26,200 29,450 32,700 35,350 37,950 41,910 46,630 Low (80%) Income Limits ($) Click for More Detail 61,050 69,800 78,500 87,200 94,200 101,200 108,150 115,150 NOTE: Johnson County is part of the Iowa City, IA HUD Metro FMR Area, so all information presented here applies to all of the Iowa City, IA HUD Metro FMR Area. HUD generally uses the Office of Management and Budget (OMB) area definitions in the calculation of income limit program parameters. However, to ensure that program parameters do not vary significantly due to area definition changes, HUD has used custom geographic definitions for the Iowa City, IA HUD Metro FMR Area. The Iowa City, IA HUD Metro FMR Area contains the following areas: Johnson County, IA; * The FY 2014 Consolidated Appropriations Act changed the definition of extremely low-income to be the greater of 30/50ths (60 percent) of the Section 8 very low-income limit or the poverty guideline as established by the Department of Health and Human Services (HHS), provided that this amount is not greater than the Section 8 50% very low-income limit. Consequently, the extremely low income limits may equal the very low (50%) income limits. Income Limit areas are based on FY 2022 Fair Market Rent (FMR) areas. For information on FMRs, please see our associated FY 2022 Fair Market Rent documentation system. For last year's Median Family Income and Income Limits, please see here: FY2021 Median Family Income and Income Limits for Iowa City, IA HUD Metro FMR Area Select county or county equivalent Or press below to start over and select a different state: Select a new state Update URL For bookmarking or E-Mailing Prepared by the Program Parameters and Research Division, HUD.