HUD FY 2016 Income Limits Released - March 29, 2016

HUD posted its 2016 income limits effective March 28.  Background information and individual area documentation can be found at https://www.huduser.gov/portal/datasets/il/il16/index.html. Click here for the income limits for MA.
 
Median family incomes declined in 12 of the 19 FMR areas, including very slightly in the Boston-Cambridge-Quincy FMR area (from $98,500 to $98,100) and particularly steeply (17.8%) in the Fitchburg-Leominster FMR area.  The very low income limits (50% of area median) in those 12 areas also fell.
 
The moderate income limits (80% of area median) fell in all but 3 of the 19 FMR areas – in most cases very slightly ($100).  The three areas with increases in their 80% AMI limit were the Boston-Quincy-Cambridge FMR area, Barnstable County and the Taunton-Mansfield-Norton area.