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Multiply your monthly adjusted income by 0.3. Generally, HUD requires public housing residents to pay rent equal to 30 percent of their monthly adjusted income. If your adjusted monthly income is $1,000, your public housing rent, or Total Tenant Payment, is $300.
For example, HUD homes in one market region might have minimum acceptable bids set at 87 percent of list price. After 60 days on the market, a given HUD home's minimum acceptable bid price in that region might drop to 80 percent of its list price. HUD homes are sold online and only through approved real estate brokers.