Below
are some commonly asked questions about the public housing program.
What is affordable
housing?
What is subsidized
housing?
What is
HUD?
What is the difference between very-low income, low-income, and extremely moderate income?
How do I determine what I will pay and what the Housing Authority will
pay?
What
is affordable housing?
"Affordable
housing" is a broad term used to describe decent, safe housing
which is affordable for individuals
who generally earn less then 80% of
the Area Median Income.
What is subsidized
housing?
"Subsidized
housing" is a term used to describe housing which is financed in
whole or in part with government funding.
What is HUD?
"HUD"
is the U.S. Department of Housing and Urban Development. HUD is the U.S.
government agency
responsible for delivering the vast majority of the
nation's affordable housing programs.
What
is
the
difference
between
very-low
income,
low-income,
and
moderate
income?
The
meaning
of
these
terms
can
vary
from
program
to
program,
but
generally,
very-low
income
persons
refers
to
persons
at
or
below
30%
of
the
Area
Median
Income,
low-income
persons
refers
to
persons
at
or
below
50%
of
the
Area
Median
Income,
and
moderate
income
persons
refers
to
persons
at
or
below
80%
of
the
Area
Median
Income.
How do I determine what I will pay and what the Housing Authority
will pay?
You
need to figure out your household's total annual income. Once this
is done, you need to subtract any mandatory deductions, such as
childcare, disability assistance, and medical expenses. Divide
this amount by 12, which gives you your
monthly
adjusted annual income. To
determine your share of rent, it is the highest of the following
amounts:
30 percent of the family's monthly adjusted
income; or
10 percent of the family's monthly
gross
income.
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