What does income restricted mean

Samuel

Member
I came across the term income restricted while looking at housing options. What does income restricted mean exactly, and how do they decide if someone qualifies?
 
Income-restricted refers to the situation where eligibility is determined based on the fact that one has an income below a defined level. Income restriction applies to various benefits like housing assistance meant for low-income earners. Evidence of income levels is required for one to be eligible for such programs.
 
Income restricted means you can only qualify if your income is below a certain limit.
  • Common in housing or rental programs
  • Limits are based on area and household size
only people within a set income range can apply.
 
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