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Income Limits

 


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2009 Area Median Income (AMI) Levels

Resale Units

Persons in Household 80% of AMI
(Sale Price: Under $150,000)
100% of AMI
(Sale Price: Over $150,000)
1 $59,400 $73,850
2 $67,900 $84,400
3 $76,400 $94,950
4 $84,900 $105,500
5 $91,650 $113,950
6 $98,450 $122,400
7 $105,250 $130,800
8 $112,050 $139,250

New Units

Persons in Household 100% of AMI 120% of AMI
1 $73,850 $88,600
2 $84,400 $101,300
3 $94,950 $113,950
4 $105,500 $126,600
5 $113,950 $136,750
6 $122,400 $146,850
7 $130,800 $157,000
8 $139,250 $167,100

Note: All figures shown above are maximum income limits per household size. AMI figures are released each Spring and may or may not change. Household income is only verified at time of purchase. There is no minimum income. The minimum income needed to purchase a BMR unit is a function of many factors including, but not limited to, the amount of funds a buyer has for down payment, the interest rate on the buyer’s proposed mortgage and the lender’s loan qualification standards.

 

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