Below, please find three updates on the FY18 Appropriations, FY18 Income Limits, and FY17 Tenant Protection Vouchers.
- HUD issues Fiscal Year 2018 Income Limits
Today, HUD issued Fiscal Year 2018 Income Limits for the Public Housing and Section 8 programs. The national median income the FY18 is $71,000, an increase of 5.7% compared with FY17. HUD will continue to cap increases at 11.5% (twice the national median income).
- Tenant Protection Vouchers Funding Awards for Fiscal Year 2017
This week, HUD issued an announcement of Tenant Protection Voucher funding awards for FY17 for the Housing Voucher Program. Announcements of awards provided under the NOFA process for Mainstream, Designated Housing, Family Unification (FUP), and Veterans Assistance Supportive Housing (VASH) programs will be published in a separate Federal Register notice.
- NAHMAnalysis on Affordable Housing Appropriations for Fiscal Year 2018
Today, NAHMA released a new NAHMAnalysis titled “Affordable Housing and Community Development Programs: Appropriations for Fiscal Year 2018.” This NAHMAnalysis examines funding and policy provisions for affordable housing programs in the Fiscal Year 2018 omnibus bill, and provides an outlook for Fiscal Year 2019.