Written by Deb Bechetti
HUD has announced the 2021 income limits for the MTSP housing programs effective April 1, 2021. This includes low income housing tax credits and tax exempt bond financing. HUD allows for a 45 day grace period, which means these limits must be in use by May 15, 2021.
Our advice to all housing professionals is to immediately check for an increase for your sites. If the income limits in your area have increased go back through any files denied over the past few months to see if any slightly over income households may qualify under the new limits.
To find your 2021 income limits visit this site (and make sure to bookmark it!):
