A total of 81 states and cities will be raising their minimum wage in 2022. 44 cities will be raising their minimum wage to above $15.00 per hour. Most of these increases took place the 1st of the new year. Please be sure to determine if any increases have or will be taking place in your community and adjust your annual income calculation accordingly.Â
HUD announced on February 4th that the 2026 income limits will not be released until May 1st.
The Social Security Administration (SSA) recently announced the Cost-of-Living Adjustment (COLA) for 2026 at 2.8%.
HUD has announced the inflation rates for 2026. The effective date is 1/1/2026.
HUD has announced the 2025 income limits for the MTSP housing programs effective April 1, 2025.
As we step into 2025, several states are rolling out updates to their minimum wage rates, reflecting adjustments for inflation, legislative changes, and phased-in increases. · Ohio: The minimum wage is increasing to $10.70 from $10.45 due to an inflation...