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WEST VALLEY HOUSING AUTHORITY

PROGRAM INCOME LIMITS

Effective 2/13/2008

 
SECTION 8/

SECTION 8

PUBLIC

   
PERSONS IN
PUBLIC HOUSING***

LIMIT

HOUSING

100% OF

  
HOUSEHOLD
30% OF

50% OF

80% OF

MEDIAN

  
MEDIAN

MEDIAN

MEDIAN

INCOME

  
1
$11,950

$19,900

$31,800

$39,350**

  
2
$13,650

$22,700

$36,350

$44,950**

  
3
$15,350

$25,550

$40,900

$50,600**

  
4
$17,050

$28,400

$45,450

$56,200**

  
5
$18,400

$30,650

$49,100

$60,700**

 
6
$19,800

$32,950

$52,700

$65,200**

 
7
$21,150

$35,200

$56,350

$69,700**

 
8
$22,500

$37,500

$60,000

$74,200**

 
9
$23,850

$39,750

$63,650

$78,700**

  
10
$25,250

$42,050

$67,250

$83,200**

  

* Due to a change in how AMIs are calculated in 2007, HUD published 2007 AMIs that were calculated put to be lower than the 2006 AMIs. Because of this, HUD decided to freeze the program Income Limits at the 2007 levels.
**When HUD published the new AMIs, on 2/13/2008, they decided to AGAIN freeze the Income Limits where they currently stand.

*** 30% column was added to accommodate the QHWRA 1998 income targeting requirement.  11/19/98

*** SECTION 8: 75% of all New Admissions must have Annual Incomes below 30% of the Median Income for the family size.

*** PUBLIC HOUSING: 40% of all New Admissions must have Annual Incomes below 30% of the Median Income for the family size.

FY 2008 FAIR MARKET RENT / BENEFIT PAYMENT STANDARDS FOR SECTION 8 HOUSING CHOICE VOUCHER PROGRAM

Fair Market Rents (FMRs)
Effective October 1, 2007
0 - BEDROOM
1 - BEDROOM
2 - BEDROOM
3 - BEDROOM
4 - BEDROOM
5 - BEDROOM
$478
$531
$635
$923
$1,113
$1,280
Voucher Payment Standard (VPSs)
Effective October 1, 2007
$478
$537
$648
$923
$1,113
$1,280
(100% of FMR)
(101% of FMR)
(102% of FMR)
(100% of FMR)
(100% of FMR)
(100% of FMR)
FY2008 LRPH Flat Rents
Effective October 1, 2007
See Appendix "C" in LRPH Occupancy Schedule
FY2008
— SCHEDULE OF MAXIMUM RENTS (by BR size) —
Effective October 1, 2007
2BR
3BR
4BR
$506
$633
$708

 

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