What are the qualifying incomes? In order to be eligible for the RHP program, the buyers’ annual income shall not exceed 120% of the area median income, as published annually by the California Department of Housing and Community Development (HCD), adjusted for household size. Currently, the income limits are as follows:
|
Maximum Annual Household Income Adjusted for Family Size
Effective July 2011
|
|
Household Size
|
Maximum Annual Income
|
|
1
|
$52,500
|
|
2
|
$60,000
|
|
3
|
$67,500
|
|
4
|
$75,000
|
|
5
|
$81,000
|
|
6
|
$87,000
|
|
7
|
$93,000
|
|
8
|
$99,000
|