Calculate Income for Low Income Housing
Understanding your income in relation to low income housing limits is crucial for accessing affordable housing programs. This calculator helps you determine if you qualify.
- Enter your annual income.
- Select your household size.
- Click ‘Calculate’.
The calculator uses the following formula to determine if you qualify for low income housing:
Income / (Household Size * 12) <= Low Income Limit
The low income limit is based on the Department of Housing and Urban Development's (HUD) income limits for your area.
| Area | 80% Limit | 50% Limit |
|---|---|---|
| Alabama | $50,300 | $30,100 |
- Consider all sources of income when calculating your total income.
- Check with your local housing authority for specific program requirements.
What if my income fluctuates?
Use your average monthly income for the past year.