• Income and Rent Limits

 

The following links provide local and national income and rent limits. 

Broward County -income limits and area median income (AMI)

Florida Housing Finance Corporation -income and Rent Limits  

*HUD Program Income Limits

*HUD Fair Market Rent Documentation System (FMR)  

Homeownership and multifamily developments that participate in the programs funded by the Florida Housing Finance Corporation (FHFC) must meet the income and rental requirements as determined by the FHFC. Affordability is defined in terms of the income of the people living in the home. The family must be income eligible in terms of Broward County area median income (AMI), adjusted to family size. Affordable means that monthly rents or mortgage payments including taxes and insurance do not exceed 30 percent of the median annual gross income for the households as indicated in Section 420.9071 F.S.

 
*HUD: U.S. Department of Housing and Urban Development (HUD)
 
 
 
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