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Median Income

40B and Median Household Incomes

In most cases, Chapter 40B developments are affordable apartments/condominiums and homes that are reserved for seniors or families who make below the median household income.  Powder House Village will provide housing for individuals and families that earn less than 60% of the median household income. 

The following guidelines will be used to determine eligibility in Powder House Village:

  • 1 person  qualifies at $35,340
  • 2 person  qualifies at $40,380
  • 3 person  qualifies at $45,420
  • 4 person  qualifies at $50,460

For more information on 40B Affordable Housing Guidelines download the  Fact Sheet on Chapter 40B

PDF Documents: Our web site contains several .pdf documents. If you do not have Adobe Acrobat, please click here for a free download.


 











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