Get MARIF Eligibility Verification Form - Minnesota Housing Finance

Housing Choice Voucher FAQ Bedroom SizeTier A-1Tier CTwo Bedroom$2,532$1,587Three Bedroom$3,333$2,084Four Bedroom$4,313$2,705Five Bedroom$4,960$3,1115 more rows

Bedroom SizePayment Standard ($)1$2,3872$2,6963$3,3854$3,6475 more rows

Voucher Payment Standards (VPS) Bedroom SizeVoucher Payment Standard1$2,4072$3,0523$3,9154$4,3204 more rows

In general, households must have an income at or below 50% of the area median income to qualify for Section 8 housing. However, some housing authorities may have different income limits based on the local housing market conditions.

The renter's share of the rent cannot exceed 30% of their (or their family's) adjusted monthly income, or 40% for those who are signing their first Section 8 contract.

Effective Jan. 1, 2023 Bedroom SizePayment Standards0$1,5991$1,7462$2,0713$2,8393 more rows

Households with income that is below 50% of median income (what HUD considers “very low income”) or lower may qualify, but most people on Section 8 are below 30% of median income. When you apply for Section 8, the people reviewing your application will also look at: Your history with federal housing programs.

The Section 42 housing program refers to that section of the Internal Revenue Tax Code which provides tax credits to investors who build affordable housing. Investors receive a reduction in their tax liability in return for providing affordable housing to people with fixed or lower income.