Affordable Housing
Adjusted Income as per Rapid City Community Development Corp. (RCCDC) |
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50% Limit |
1 Person | $18,750* | |
| 2 Persons | $21,400* | ||
| 3 Persons | $24,100* | ||
*See Attached Listing - These incomes are based on 2007 HUD Limits. |
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| FY Income Limits Documentation System— Summary for Pennington County, SD Page 1 of 2 |
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FY 2007 Income Limits Documentation System |
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FYI 2007
Income Limit Area |
Median
Income |
FY 2007 Income Limit Category |
1 Person |
2 Person |
3 Person |
4 Person |
5 Person |
Pennington County |
$53,500 | Very Low (50%) Income Limits |
$18,750 | $21,400 |
$24,100 | $26,750 | $28,900 |
| Extremely Low (30%) Income Limits |
$11,250 | $12,850 |
$14,450 | $16,050 | $17,350 | ||
| Low (80%) Income Limits |
$29,950 | $34,250 |
$38,500 |
$42,800 | $46,200 | ||
| Income LImit areas are based on FY 2007 Fair Market Rent (FMR) areas. For a detailed account of how this area is derived, please see our associated FY 2007 Fair Market Rent documentation system. |
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