2013 Income Limits Released
December 05, 2012
The 2013 income limits were released for HUD multi-family programs on December 4, 2012.
Effectively immediately, HUD multi-family property managers must use the new income limits (attached) for properties in Puerto Rico and the US Virgin Islands. Complete list of income limits nationwide are posted on the HUDUser web site at
http://www.huduser.org/portal/datasets/il/il13/index.html.
The new income limits must be used for all new move-in transactions starting with move-ins effective 12/4/2012. Income limits do not apply to existing residents (annual and interim certifications) since income eligibility is determined at move-in. See HUD Handbook 4350.3 Revision 1, Change 3, Paragraph 3-4.
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