Hud 2024 Adjusted Home Income Limits. The revised section 8 income limits suggest a new approach for the department of housing and urban development (hud). To access the 30% income limit:
On april 2nd, hud released their annual income limits for 2024 (available here) that determine income eligibility of applicants for hud’s housing assistance. Nirmala sitharaman said some taxpayers were reporting their rental income under the wrong income tax head, thus reducing their tax liability.