They're Heeeeeeeere......

OK, maybe not THAT scary.

HUD has issued the FY 2016 income limits, effective 3/28/2016.  USDA sites, this means that the income limits should soon be posted to MINC - be on the lookout.  

How do the numbers stack up against last year's limits?  Kind of a mixed bag there.  Due to the way calculations are done, some slots have gone up slightly; some have decreased slightly.  There have not been huge changes either way, but it may very well change things for those folks who are close to the limit.  Be aware that some people on your wait list may no longer qualify.  

The income limits are here: 
https://www.huduser.gov/portal/datasets/il/il16/index_il2016.html

For those of you using OneSite, you will need to update the income limits in your system.  

To do so:

1.            Go to:  https://www.huduser.gov/portal/datasets/il.html

2.            Navigate to your income limits; print them out and make sure they are posted on site.

3.            Open OneSite.

4.            At the top right corner of the screen, click “Setup.”

5.            At the left side of the screen, in the blue menu bar, click “Affordable” under the

               “General property” category.

6.            In the center area of the screen, click “Income Limits” (third item down).

7.            In the window that opens, click “Edit” next to your HUD income limits.

8.            Your income limits will come up.  Be sure to enter the correct start date – 3/28/2016.

9.            Check the following settings to make sure they are correct:

               *     At the top of the window, make sure that “Round income limits to the 
          nearest $50 is UNCHECKED.

                

               *     Below that, make sure that you have CHECKED the box that allows you to 

                      make the table fully editable.  This is important, as the automatic calculations 

                      often do not match what HUD has; you will need to enter the numbers manually.

10.          Enter the income limits that you need.  For most sites, you will be filling out the 

               30% income limits, 50% income limits, and the 80% income limits completely.  

               You should also add the 4-person 100% limit.  For all items you do not need, 

               you should enter zero (OneSite will not allow you to leave these blank

11.          Click “Save” in the bottom right corner of the window to save your changes, and 

               you’re all set.