LENDER TRAINING. City of St. Petersburg Housing and Community Development “Working to Improve our Neighborhoods” (W.I.N.) Division January 21, 2010. WELCOME LENDERS. Introductions Tom de Yampert , Manager Linda Byars , Housing Finance Coordinator Diane Legg, Loan Processor
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City of St. Petersburg
Housing and Community Development
“Working to Improve our Neighborhoods” (W.I.N.) Division
January 21, 2010
MEDIAN FAMILY INCOME
Median Family Income (MFI) is annually defined by the U.S. Department of Housing & Urban Development (HUD). HUD establishes the MFI specific to the geographic area it applies to and adjusts the MFI for the number of occupants, related or not, who occupy the home. The chart attached lists the maximum annual gross household income for the City of St. Petersburg for the 50%, and 80% MFI groups, adjusted for household size.
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