HUD has released HUD’s FY2009 Median Family Income estimates and associated income limits data today via the Office of Policy Development and Research’s website found at www.huduser.org.

The FY2009 median family income estimates include several changes from previous years.  All of these changes can be found in the documentation released today.  The highlights include the incorporation of newly released ACS three year estimates covering 2005 – 2007, the elimination of the reliance upon BLS data in the smallest areas and the incorporation of OMB area changes first implemented with HUD’s release of FY2009 Fair Market Rents.

Also new for FY2009, HUD has developed a new website and tables of information specifically for users interested in obtaining data for use with Internal Revenue Code Section 42 Low-Income Housing Tax Credit projects and Section 142 projects financed with private activity bonds.  Projects in these 2 categories are now referred to by HUD as Multifamily Tax Subsidy Projects (MTSPs).  Documentation and data can be found at www.huduser.org/datasets/mtsp.hmtl.  Furthermore, HUD has developed an interactive documentation system for these data which will allow the user to select any area of the county and receive a summary of the appropriate income limits and maximum rental rates for these areas.  Links from the summary page will show exactly how the data were derived.  This system can be accessed directly at www.huduser.org/datasets/il/index_mtsp.html.

Users interested in HUD’s Section 8 income limits or users looking for income limits associated with IRC section 143 projects should visit http://www.huduser.org/datasets/il/il09/index.html.  The updated FY2009 documentation system for these data can be accessed directly at http://www.huduser.org/datasets/il/index_il2009.html.