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usda income limits pasco county: Proposed 2009 Rural (USDA) Development Income Limits - Hillsborough & Pasco - 11/07/08 05:28 AM
I was reading through a stack of bulletins I've received this week on product updates and this one stood out the most.  Effective January 20, 2009 USDA is changing how they calculate household income.  Currently they use eight different categories, but come January 20th they're going to two.  It's not finalized yet, but as long as anyone doesn't object by January 5th it's a done deal. 
Below is the new income limits for Hillsborough & Pasco counties in Florida.
1-4 person: $70,750
5-8 person: $93,400
(2 comments)

usda income limits pasco county: Rural (USDA) Development Loans - Pasco County - 11/04/08 12:27 PM
The income limits for Pasco counties is...
1-Person: $49,550
2-Person: $56,600
3-Person: $63,700
4-Person: $70,750
5-Person: $76,400
In some instances your total income can be much higher than the adjusted income.  If total income exceeds the limits, certain adjustments can be made, such as childcare expenses or children 12 or younger.
Example: Pasco County 4-person family (2 adults, 2 children) has a gross income of $80,410.  Child care for the two children 12 or less is $10,000 annually.  They would qualify because $80,410 less 10,000 child care less $480 for each child = $69,450
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Todd Martin - Florida's - Doctor Loan

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