2024 Hud Income Limits Increase. The housing and economic recovery act (hera) of 2008 (hr 3221), modified hud’s income. These new income limits are in effect as of april 1, 2024.

Hud has had a cap on income limit increases for its very low income (vli) limit since 2010 but for fy 2024 hud changed its methodology to include a ceiling component of the cap. On april 2nd, hud released their annual income limits for 2024 (available here) that determine income eligibility of applicants for hud’s housing assistance programs and are.