Transcription of Revised State Income Limits for 2021
{{id}} {{{paragraph}}}
Example: bankruptcy
Revised State Income Limits for 2021
State OF CALIFORNIA - BUSINESS, CONSUMER SERVICES AND housing AGENCY GAVIN NEWSOM, Governor DEPARTMENT OF housing AND COMMUNITY DEVELOPMENT DIVISION OF housing POLICY DEVELOPMENT 2020 W. El Camino Avenue, Suite 500 Sacramento, CA 95833 (916) 263-2911 / FAX (916) 263-7453 December 31, 2021 MEMORANDUM FOR: Interested parties FROM: Megan Kirkeby, Deputy Director Division of housing Policy Development SUBJECT: Revised State Income Limits for 2021 Attached are brief ing materials and Revised State Income Limits for 2021 that are now in effect, replacing the previous 2021 State Income Limits . Income Limits have been updated in response to Chapter 345, Statues of 2021 (Assembly Bill 1043) and reflect updated median Income and household Income levels f or acutely low -, extremely low-, very low-, low-, and moderate- Income households f or Calif ornia s 58 counties.
low-income limit would otherwise be less than the amount at which 35 percent of it equals 85 percent of the annualized two- bedroom Section 8 FMR (or 40. th. percentile rent in 50. th. percentile FMR areas) . The purpose is to increase the income limit for areas where rental -housing costs are unusually high in relation to the median income.
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: