Hud Income Limits 2024 New York. For 2024, the maximum loan limit in new york is $498,257 for a. By raising the incomes that correspond to each ami level, hhca makes more people, with higher incomes, qualify for affordable housing.

Hud is changing some of its income calculation rules as of january 1, 2024. To be eligible for section 8, an applicant’s gross income must be at or below 50% of the ami for their area.