Programs

Requirements

Income Requirements

The income guidelines below are current through April 1, 2021. Our requirements are based on HUD income guidelines for the State of Arkansas’ medium income levels for Northwest Arkansas. Gross household income is based on all means of income generated by each adult in the household. This includes children 18 or over who are living in the home. 

Family Size Minimum Maximum
1 $15,500 $25,800
2 $17,700 $29,450
3 $21,720 $33,150
4 $26,200 $36,800
5 $30,680 $39,750
6 $35,160 $42,700
7 $39,640 $45,650
8 $44,120 $48,600

How to calculate your monthly income:

Pay Frequency How to Determine Annual Income Example To determine monthly income, divide by 12
Annually Annual Gross Pay $30,000 $30,000/12 = $2,500
Monthly Use monthly gross pay = amount x 12 $2,500 x 12 = $30,000 Use monthly gross pay
Twice Monthly or Semi-Annually (1st and 15th) Gross pay for one = pay period x 24 pay periods 1,200 x 24 = $28,800 $28,800/12 = $2,400
Biweekly (every 2 weeks) Biweekly gross pay x 26 pay periods $1,200 x 26 = $31,200 $31,200/12 = $2,600
Weekly Weekly gross pay x 52 pay periods $600 x 52 = $31,200 $31,200/12 = $2,600
Hourly, Full Time Hourly gross pay x 2,080 hours (40 hours/week x 52 weeks) $15.00 x 2080 = $31,200 $31,200/12 = $2,600
Hourly, Less than Full-time (average # of hours worked per week x 52 weeks) x hourly gross pay (37.5 x 52) = 1950 hrs. x $14.50 = $28,275 $28,275/12 = $2,356.25