Income Limits

Chicago Low-Income Housing Trust Fund assists residents living in poverty, meaning their incomes do not exceed 30 percent of the area median income (AMI). Presently, those limits are as follows.

Maximum Income Limits

Household Size 10% Area Median Income 15% Area Median Income 20% Area Median Income 30% Area Median Income Extremely Low Income Limit 40% Area Median Income Very Low Income Limit (50% Area
Median Income)
1 person $5,930 $8,895 $11,860 $17,800 $17,800 $23,720 $29,650
2 persons $6,770 $10,155 $13,540 $20,350 $20,350 $27,080 $33,850
3 persons $7,620 $11,430 $15,240 $22,900 $22,900 $30,480 $38,100
4 persons $8,460 $12,690 $16,920 $25,400 $25,400 $33,840 $42,300
5 persons $9,140 $13,710 $18,280 $27,450 $29,420 $36,560 $45,700
6 persons $9,820 $14,730 $19,640 $29,500 $33,740 $39,280 $49,100
7 persons $10,500 $15,750 $21,000 $31,500 $38,060 $42,000 $52,500
8 persons $11,170 $16,755 $22,340 $33,550 $42,380 $44,680 $55,850
9 persons $11,850 $17,775 $23,700 $35,560 $46,560 $47,400 $59,250
10 persons $12,530 $18,795 $25,060 $37,592 $50,740 $50,120 $62,650

 

Income limits are for the Chicago-Naperville-Joliet, IL HUD Metro FMR Area. Effective until superseded. Low, Very Low and Extremely Low Income limits are as published by HUD. Income limits at all other income levels are calculated per HUD methodology, based on Very Low Income (50% AMI) limit. Income limits are published annually by the Chicago Department of Planning and Development. Rental Subsidy Program guidelines are adjusted each year upon publication.(Effective April 1, 2018)

 

2018 Income Limits