Median income and HUD
From: Fred H Olson (fholsoncohousing.org)
Date: Fri, 4 Apr 2003 07:04:01 -0700 (MST)
Camela Alexander <camelaha [at] yahoo.com>
is the author of the message below. 
It was posted by Fred the Cohousing-L list manager <fholson [at] cohousing.org> 
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I have found updated information on the HUD website for 2003.  I actually
was surprised at how high the numbers are.  In our area (Portland,
Or/Vancouver, WA) the median income is approximately $65.8K/year (slightly
higher than the nation as a whole).  HU D programs vary in the cutoffs for
assistance; low income is defined as 80% of this number and very low
income is 50%.  However, HUD has some programs that will give assistance
up to 140%.  Further, for a project to get assistance, only a certain
percenta ge of participants need to be low or very low income.  In these
economic times, it's not all that hard for many people to qualify; the
difficulty is that sometimes it takes so long to work through the process,
that by the time you're ready to take advanta ge of it, you may have
ceased to qualify.

Does anyone have experience working with (either successfully or
unsuccessfully) HUD or other public agencies? 

Camela Hicks Alexander
East Portland Cohousing Group


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