 |
Creating housing opportunities to build |
Income Limits
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.
Page 331
Contact Us |
Waiting Lists |
Employment
Opportunities | Back to Top |