Hud Fy 2024 Income Limits Summary. The home income limits are calculated using the same methodology that hud uses for calculating the income limits for the section 8 program, in accordance with section 3(b)(2) of the u.s. The revised section 8 income limits suggest a new approach for the department of housing and urban development (hud).

Hud issues two sets of income limits, one set that is applicable to hud programs such as section 8 and one set for multi family tax subsidy projects (mtsp). The metropolitan areas are the same.