INCOME LIMITS (updated 4/1/2021)
The U.S. Department of Housing and Urban Development (HUD) establishes income limits based on the Area Median Income (AMI) for each county in the state. These limits are used in determining a family’s initial eligibility to participate in the Section 8 Program administered by Caribou Housing Authority.
In order for a family to be eligible for federal housing assistance through the CHA, the total household income must NOT exceed these established yearly income limits as listed on the table below.
To be eligible for Caribou Housing Authority’s Section 8 Program, your income must be in the Extremely Low (ELI) -or Very Low (VLI)- income range.
|Family Size||ELI (30%)||VLI (50%)||ELI (80%)|
PAYMENT STANDARDS (effective 4/1/2021)
The maximum amount of rent that CHA will pay on your behalf is based on the current Payment Standards issued by HUD. CHA will pay no more than the Payment Standard minus your Total Tenant Payment (the amount CHA determines you can afford to pay toward rent and utilities).
NOTE: If you want to rent a 3-bedroom unit for your family, but am only eligible for a 2-bedroom, CHA will use the 2-bedroom Payment Standard.
|NUMBER OF BEDROOMS IN UNIT||PAYMENT STANDARD|
The Payment Standard that determines the size and type of unit you are eligible for includes a utility allowance. This amount is determined based on an average amount in the area, along with which utilities you are responsible to pay. This is to assure that your payment for rent as well as utilities is affordable. Reviewed once a year, your payment may change based on cost of living adjustments.
2021 Apartments (effective 03/1/2021)
2021 Single Family Home/Mobile Home (effective 3/1/21)