We average income by taking “Gross” income amounts from each check. Add them all up. Divided by the amount of weeks from your paychecks. *Example: One check paid bi weekly equals two weeks. This will give you your average expected gross income per week. Lastly, we multiply that total by 52 weeks in the year. This total gives you your expected yearly Gross income for the coming year. Your yearly expected gross income has to be between the limits listed below.
Income limits are listed below:
- 1BR $1005 No less than $35,820
2 BDR $1207 No less than $43,020
- Family Size Income Limits
- 1 Person $39,660
- 2 People $45,360
- 3 People $51,000
- 4 People $56,640
Student Status Requirements
The program allows for college students to apply but only under certain conditions.
- One applicant that’s in college will NOT qualify.
- Two applicants only ONE can be a student.