The Department of Housing and Urban Development (“HUD”) has just released the “NEW INCOME LIMITS 2017”. Some communities have seen a substantial increase, some modest and a couple have seen a slight decrease.
I have prepared a chart below highlighting some of the communities where we have developments with their new income limits.
| BOSTON METROPOLITAN STATISTICAL AREA | ||||||
| Bellingham | Dover | Foxborough | ||||
| Medway | Norfolk | Duxbury | ||||
| Kingston | Marshfield | |||||
| Income limits | ||||||
| Household Size | 3 | 4 | 5 | |||
| Income Limit 2016 | $65,750 | $73,050 | $78,900 | |||
| Income Limit 2017 | $70,350 | $78,150 | $84,550 | |||
| Difference | + $ 4,600 | + $ 5,100 | + $ 5,650 | |||
| TAUNTON METROPOLITAN STATISTICAL AREA | |||||||
| Berkley | Dighton | Norton | |||||
| Taunton | |||||||
| Income limits | |||||||
| Household Size | 3 | 4 | 5 | ||||
| Income Limit 2016 | $59,150 | $65,700 | $71,000 | ||||
| Income Limit 2017 | $61.200 | $68,000 | $73,450 | ||||
| Difference | + $ 2,050 | + $ 2,300 | + $ 2,450 | ||||
| BROCKTON METROPOLITAN STATISTICAL AREA | |||||||
| Bridgewater | Lakeville | West Bridgewater | |||||
| Income limits | |||||||
| Household Size | 3 | 4 | 5 | ||||
| Income Limit 2016 | $59,150 | $65,700 | $71,000 | ||||
| Income Limit 2017 | $59,650 | $66,250 | $71,550 | ||||
| Difference | + $ 500 | + $ 550 | + $ 550 | ||||
| WORCESTER METROPOLITAN STATISTICAL AREA | |||||||
| Boylston | Holden | West Bridgewater | |||||
| Income limits | |||||||
| Household Size | 3 | 4 | 5 | ||||
| Income Limit 2016 | $59,150 | $65,700 | $71,000 | ||||
| Income Limit 2017 | $61,200 | $68,000 | $73,450 | ||||
| Difference | + $ 2,050 | + $ 2,300 | + $ 2,450 | ||||
| PROVIDENCE METROPOLITAN STATISTICAL AREA | |||||||
| Seekonk | Westport | Rehoboth | |||||
| Income limits | |||||||
| Household Size | 3 | 4 | 5 | ||||
| Income Limit 2016 | $52,450 | $58,250 | $62,950 | ||||
| Income Limit 2017 | $51,950 | $57,700 | $62,350 | ||||
| Difference | – $ 500 | – $ 550 | – $ 600 | ||||