$84,000 a year now qualifies as low income in high-cost Orange County

Just Pinned to Domestic and Global News: $84000 a year now qualifies as low income in Orange County... A family of four with an annual income of $84450 or less now qualifies as low income in Orange County. A single person living alone qualifies as low income if he or she earns $58450 or less a year. Orange County has the fifth-highest income threshold in the nation according to new income limits released last month by the U.S. Department of Housing and Urban Development. Government and private agencies use HUDsincome calculations to determine eligibility for a wide variety of assistance programs ranging from rent subsidy vouchers and public housing to mortgage assistance. While low-income families qualify for some programs othersare limited to households earning far less with limits as low as $31300 for a family of four. Record-high rents and home prices are driving up Southern California income limits. Orange County apartment rents for example increased 20 percent over the past seven years while the median sale price of an Orange County house has jumped 40 percent. When you tell somebody thats making $70000 that theyre low income they go What? Thats low income? Unfortunately thats
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