Maximum Allowable Household Annual Income
for Program Year 2007 - 2008
The City of Monterey’s Housing and Property
Management Division administers and manages a variety of programs,
each of which are subject to specific income eligibility criteria.
Income eligibility for these programs is determined by comparisons
with the U.S. Department of Housing and Urban Development (HUD)
income limits currently in effect at the time of program
application. The current income limits, adjusted for household size,
are indicated below.
|
Household Size |
Income |
|
80% of Median (Low Income)
|
|
1 |
$36,1 00 |
|
2 |
$41,300 |
|
3 |
$4 6,450 |
|
4 |
$51,600 |
|
5 |
$5 5,750 |
|
100% of Median (Median Income)
|
|
1 |
$4 4,400 |
|
2 |
$ 50,700 |
|
3 |
$5 7,100 |
|
4 |
$6 3,400 |
|
5 |
$6 8,500 |
|
120% of Median (Moderate Income)
|
|
1 |
$53,300 |
|
2 |
$ 60,900 |
|
3 |
$6 8,500 |
|
4 |
$7 6,100 |
|
5 |
$ 82,200 |
*
April 2007 U.S. Department of Housing and Urban Development (HUD) Median
Income Data for the Salinas/Seaside/Monterey Metropolitan Statistical Area.
|
