Maxwell Drever Grant

Maxwell Drever Grant

Affordable Workforce Housing Income Limits

Every county has different workforce housing limits. The income range is based on a person’s average income from very low to low, medium, moderate, and high.
Even for a small house, paying rent can be challenging for families with low incomes. For such cases, affordable workforce housing comes in. One of the most important things you need to know about this housing project as per Maxwell Drever is that it is specifically created for people who earn a moderate income but can’t afford a house.
The following chart will tell you which workers are eligible for workforce housing and on what wage:

OccupationAverage Annual Wage
Registered Nurse$92,350
DCPS Teacher$86,644
MPD Police Officer$83,065
Electrician$76,030
Paralegal$74,330
Graphic Designer$71,180
Mental Health Social Worker$69,690
Chef or Head Cook$65,780
Bookkeeper or Accountant$54,970
Office and Administrative Support$53,710
Food Server$48,120
Security Guard$44,010
Construction Laborer$42,200

Workforce Housing Limits

Workforce housing is for those people who have a Median Family Income (MFI) between 60% and 120%. In some states, the starting range is 80%. Many people assume that these housing projects are just for the workforce community, such as firefighters, construction workers, nurses, police officers, etc. However, this housing is also open to struggling entrepreneurs and other people trying to establish a successful career but are unable to because of rising housing and commute costs.
As mentioned earlier by Maxwell Drever, the housing limit differs from county to county. Here’s an example to help you understand this:
The following charts show how income limits differ in Monroe County and Washington, DC:

Income Limits for Single Persons
Household SizeVery Low
50%
Low
80%
Median
100%
Moderate
120%
Middle
140%
1 Person$35,600$56,950$71,200$85,440$99,680
2 Persons$40,700$65,100$81,400$97,680$113,960
3 Persons$45,800$73,250$91,600$109,920$128,240
4 Persons$50,850$81,350$101,700$122,040$142,380
5 Persons$54,950$87,900$109,900$131,880$153,860
6 Persons$59,000$94,400$118,000$141,600$165,200
7 Persons$63,100$100,900$126,200$151,440$176,680
8 Persons$67,150$107,400$134,300$161,160$188,020

*Monroe County, Florida

Income Limits for Married or Domestic Partners
Household SizeVery Low 50%Low 80%Median 100%Moderate 120%Middle
140%
2 Persons$54,267$86,800$108,533$130,240$151,947
3 Persons$61,067$97,667$122,133$146,560$170,987
4 Persons$67,800$108,467$135,600$162,720$189,840
5 Persons$73,267$117,200$146,533$175,840$205,147
6 Persons$78,667$125,867$157,333$188,800$220,267
7 Persons$84,133$134,533$168,267$201,920$235,573
8 Persons$89,533$143,200$179,067$214,880$250,693

*Monroe County, Florida

Maximum Sales Price
 
Unit Size
Low
80%
Median
100%
Moderate
120%
Middle
140%
Efficiency$142,375$249,200$427,250$648,050
1 Bedroom$162,750$284,900$488,250$740,675
2 Bedrooms$183,125$320,425$549,250$832,975
3 Bedrooms$203,375$355,950$610,250$925,600
4 Bedrooms$219,750$384,475$659,250$999,700

*Monroe County, Florida

Maximum Annual Income
Household Size30% of AMI50% of AMI60% of AMI80% of AMI100% of AMI120% of AMI
1$24,600$41,000$49,200$65,650$82,050$98,450
2$28,150$46,900$56,250$75,000$93,750$112,500
3$31,650$52,750$63,300$84,400$105,500$126,600
4$31,150$58,600$70,300$93,750$117,200$149,650
5$38,750$64,450$77,350$103,150$128,900$154,700
6$42,200$70,300$84,400$112,500$140,650$168,750
7$45,700$76,200$91,400$121,900$152,350$182,850
8$49,200$82,050$98.450$131,250$164,100$196,900

*Washington, DC.

Leave a Comment

Your email address will not be published.