Assessment of Small Area Median Family Income Estimates
As directed by the committee report accompanying the Consolidated Appropriations Act, 2017, HUD looks at the current measurement methodology of area median income (AMI) in metropolitan areas in order to more accurately and locally measure AMI to offer affordable housing In accordance with this request, HUD offers this report which examines issues across the following five sections:
- Review of Current Median Family Income and Income Limits Calculation Methods
- Assessment of the Feasibility of Calculating Small Area Median Family Income Estimates
- Discussion of the Administrative Complexity of Using Small Area Median Family Income Estimates
- Enumeration of the Known Federal Programs Using HUD’s Median Family Income Estimates and Associated Income Limits
- Recommendations for Future Median Family Income Estimates and the Impact on Affordable Housing