Annual Household Income Limits

TOWN of SOUTHOLD

HOUSING ADVISORY COMMISSION

AFFORDABLE HOUSING LIMITS

2016-2017

Annual Household Income Limits (Maximum is 80% Area Median Income)
HOUSEHOLD SIZE TOTAL ANNUAL INCOME
   
I $53,000
2 60,600
3 68,150
4 75,700
5 81,800
6 87,850
Monthly Permissable Rents (at 60% AMI)
   
Efficiency (one person) $1,116
One Bedroom (two people) 1,195
Two Bedrooms (three people 1,434
Three Bedrooms (four people) 1,656
Four Bedrooms (five people) 1,848
   
   
Monthly Permissable Rents (at 80% AMI)
   
Efficiency (one person) $1,325
One Bedroom (two people) 1,515
Two Bedrooms (three people 1,703
Three Bedrooms (four people) 1,892
Four Bedrooms (five people) 2,045
Actual rents determined by number of occupants