This includes not just wages from employment, but also unemployment benefits, Social Security payments, alimony, child support, and certain disability payments. Metropolitan Area Extremely Low Income (30%) Very Low Income (50%) Low Income (80%) Cuyahoga (Cleveland) $25,250 $42,050 $67,250 Franklin (Columbus) $24,800 $41,300 $66,100 Hamilton (Cincinnati) $26,100 $43,500 $69,500 Categories of Income That Count Toward the Limit When assessing eligibility, the section 8 income limits Ohio consider all sources of revenue within a household.
Ohio Section 8 Income Limits 2024 for Franklin County
While the program primarily focuses on cash flow, applicants must generally have assets below a specified threshold, usually around $5,000, although this can vary. This metric is calculated annually by the U.
The following table illustrates the approximate income thresholds for the 2024 fiscal year for a family of four in a few major metropolitan areas, though specific limits should always be verified with the local PHA. It is important to distinguish this from owning a home; if you are a homeowner, the equity in your primary residence is usually excluded from this assessment.
Ohio Section 8 Income Limits 2024 for Franklin Columbus
Asset Limits and Program Restrictions Income is not the only factor; the section 8 income limits Ohio framework also considers assets. Department of Housing and Urban Development (HUD) and reflects the income level at which a household earns more than 50% of the population in a specific area.
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