The eye-popping definition of ‘low income’ in the Bay Area goes up again
“In a region where even people with six-figure incomes struggle to find places to live, the threshold for who qualifies as ‘low income’ keeps going up. Reflecting the Bay Area’s relentless rise in housing costs, the U.S. Department of Housing and Urban Development’s latest definition of the ‘low’ income level to qualify for certain affordable housing programs stands at $117,400 per year for a household of four people in San Francisco, Marin and San Mateo counties. That’s up more than 10 percent from last year and is the highest in the nation.”