The Moderately Priced Dwelling Unit (MPDU) program has both minimum and maximum income limits that apply to applicants. The maximum income limits are updated annually, usually in March or April of each year. The most current limits are always listed on the MPDU website, accessible by clicking on the link below. Information on what qualifies as income is discussed at the required MPDU Orientation Class, enrollment for which is also available from the link. The minimum income limit necessary to participate in the Ownership Program is $35,000.
The minimum income limit set by the MPDU office for the Rental Program is a guideline and is currently set at $30,000. This amount reflects in general the minimum income a tenant would require to afford to pay the rent for an MPDU. However, the rental complex may determine that a tenant is eligible if the tenant earns less than that amount. This decision could be based on the tenant's past rental history and credit score. Additionally, the rental property may set a minimum income limit that is based on the actual MPDU rent and is higher than $30,000. Minimum income limit for HOC voucher holders will vary depending on the amount of their voucher.