Hud Area Median Income Limits 2024. The income limits, expressed as a percentage of the county’s area median income (ami), are used in calculating the rents and sales prices of affordable housing. The rent does not exceed 30 percent of the annual income of a family whose income equals 50 percent of the median income for the area, as determined by hud, with adjustments.

Hud determines these limits for metropolitan areas, parts of some areas and non. Borrowers whose qualifying income is less.