Annually, the Department of Housing and Urban Development (HUD) releases income guidelines that affect how federal grant funds can be used. Typically, depending on the grant type and activity, funds can only be used to assist those that are at/below the average median income by a certain percentage.
Federal Income Guidelines for Salt Lake City, UT MSA | Section 8 Income Limits
HOME effective date: June 6, 2016 | FY 2016 Median Family Income $73,800
The Housing and HOME Investment Partnerships Grant Program are subject to additional guidelines, including:
Fair Market Rents (FMR)
FMR effective date: October 1, 2016 | HOME Rents effective date: June 6, 2016
Poverty Guidelines for the 48 contiguous states & the district of Columbia
Effective date: January 26, 2017