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Seattle Senior Housing Program: Income limits All Seattle Housing Authority housing programs have income limits. The income limit for the Seattle Senior Housing Program is 80 percent of area median income. Please note that this income limit is related to family size. No more than four adults are permitted to live in a Seattle Senior Housing Program unit.
Reporting your assets All SHA housing programs take your assets into account when calculating your income. The actual value of assets is not included in the calculation of income, but income from assets is. For example, if you have money in a savings account, that money will not be added to your income. The interest earned from the money in your account, however, will be considered part of your annual income. Each housing program has specific policies about assets from income. |