Housing Resources:
Median Family Income

(1) Based on HUD's calculations "the Portland-Vancouver-Beaverton, OR-WA MSA received No Adjustments, and the preliminary Income Limit Value of $33,750 is not the final 4-person Income Limit of $33,950.  Consequently, the final 4-Person Income Limits associated with the Portland-Vancouver-Beaverton, OR-WA MSA are subject to a Hold Harmless policy" - NO 2008 CHANGES.   

(2) Based on the HUD Portland Area Median Income as of December 31, 2007: The 2008 100% level is adjusted to $67,500 for a family of four, and all other household size numbers have been adjusted per the formula in (3) below. 

(3) Other 2008 MFI levels are based on the 4-Person Income Limit of $67,900 per the Hold Harmless policy.  The 1-Person family Income Limit is 70% of the 4-Person Income Limit, the 2-Person family Income Limit is 80% of the 4-Person Income Limit, the 3-Person family Income Limit is 90% of the 4-Person Income Limit.  Each family size larger than four (4) is calculated by an 8% increase per HH member to the 4-Person Income Limit.  (i.e., 5-Person = 108%; 6-Person - 116%; 7-Person = 124%; 8-Person = 132%, and so on.  Income Limits are rounded for the 30%, 50%, 60% and 80% MFI levels; they are not rounded for other MFI levels.  The income levels shown here are also consistent with the HOME and tax credit calculations. 

ALSO SEE HOME PROGRAM INCOME/RENT LEVELS ISSUED BY HUD - SEPARATE SCHEDULE
The income and rent levels differ for some family and bedroom sizes.

(Based on the HUD Portland Area Median Income as of December 31, 2007: $67,500 for a family of four.
Income & Rents above are based on 4-Person Income Limit of $67,900. Rent calculations are rounded to the nearest $1.00).
HUD has issued a Hold Harmless policy concerning the Portland MSA and there are NO CHANGES from last year.