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Income Chart

What are the qualifying incomes?

In order to be eligible for this program, the buyers’ annual income shall not exceed 120% of the area median income, as determined by HUD, adjusted for Household size. In addition including asset income. Currently, the income limits are as follows:

Maximum Annual Household Income Adjusted for Household Size
Effective December 2011

Household Size

Maximum Annual Income

1

$56,300

2

$64,300

3

$72,350

4

$80,400

5

$86,850

6

$93,250

7

$99,700

8 

$106,150

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