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Housing Income Limits
City and Borough of Juneau FY2009 Income Limits
March 2009 - March 2010
Income Limits by Family Size: $/year
| Number of Persons in Family | ||||||||
|---|---|---|---|---|---|---|---|---|
| Income Level | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8+ |
| Extremely Low Income (30% AMI) | 19230 | 21960 | 24720 | 27450 | 29640 | 31830 | 34050 | 36240 |
| Very Low Income (50% AMI) | 32050 | 36600 | 41200 | 45750 | 49400 | 53050 | 56750 | 60400 |
| Low Income (80% AMI) | 44800 | 51200 | 57600 | 64000 | 69100 | 74250 | 79350 | 84500 |
| Median Income (100%AMI)* | 64100 | 73200 | 82400 | 91500 | 98800 | 106100 | 113500 | 120800 |
| Income at 120% of Median | 76920 | 87840 | 98880 | 109800 | 118560 | 127320 | 136200 | 144960 |
*Housing and Urban Development figures for the City and Borough of Juneau as of March 19th, 2009.
According to government standards, housing should cost no more than 30% of your total income, including utilities. Households that spend more than 30% of their income on housing are considered to experience cost burden. This term applies to all income levels.
Typically, the use of the 30% of total income statistic is applied to low-income or subsidized housing. The Public Housing and the Housing Choice Voucher programs run through Alaska Housing Finance Corporation use income limits to determine eligibility for rental assistance.
Such rental housing is usually restricted to occupancy by households that earn less than 80% the area median income (80%AMI). Many affordable low-income rentals are further restricted to households earning at 60%AMI or 50% AMI.
Juneau currently has 305 Housing Choice Vouchers with a waiting list of ( ) as of September 1st, 2009.




