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Income Limits for MHFA down payment assistance

Single Family Homes Division
Income Limits

Entry Cost Assistance Availability

The following chart outlines which Homeownership Program Eligibility Income Limits (from chart below) apply and the availability of Entry Cost Assistance programs (Homeownership Assistance Fund (HAF) and HOME HELP) for Minnesota Housing first-time homebuyer programs:

  1. 1.  Select the loan program you intend to use.
  2. 2.  Determine whether or not Entry Cost Assistance will be needed.
    1. For MMP:  Determine if the property is or is not located in an MMP Spotlight area.
    2. For CASA:  Determine if you will be using HAF or HOME HELP.
  3. 3.  Determine the Income Limit Level based on the program selected and Entry Cost Assistance needs (Level 1, Level 2, or Level 3).
  4. 4.  Go to the "Homeownership Programs Eligibility Income Limits" chart below.
  5. 5.  Determine the Household Size and geographic area the property to be purchased is located in.
  6. 6.  Use the Income Limit Level determined in Step 3 associated with that household size and area.
Program Homeownership Programs Eligibility Income Limits Entry Cost Assistance Programs
Eligible HAF Amount Eligible HOME HELP Amount
Minnesota Mortgage Program (MMP) Interest Rate Only Level 1 Not Applicable Not Available
MMP Spotlight Area Level 1 Up to $3,000
MMP Non-Spotlight Area Level 3 Up to $3,000
Community Activity Set-Aside Program (CASA) Interest Rate Only Level 2 Not Applicable No HOME HELP
With HAF Level 2 Up to $4,500 No HOME HELP
With HOME HELP HOME HELP limits apply Not Applicable $8,500


Homeownership Programs Eligibility Income Limits: 

Household Size
 
 Minnesota Housing Area Median Income Limits
11-County Twin Cities Metro Area* Rochester MSA*** Balance of State
Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Level 1 Level 2 Level 3
1 Person $84,000 $67,200 $35,300 $77,600 $62,100 $32,700  

$73,100

 

  
$58,500 
 		 $30,800
2 Person $40,400 $37,300 $35,200
3 Person $45,400 $42,000  $39,600
4 Person $50,400 $46,600 $43,900
5 Person $90,800 $72,600 $54,500 $83,900 $67,100 $50,400 $79,000 $63,200 $47,500
6 Person $97,500 $78,000 $58,500 $90,100 $72,100 $54,100 $84,800 $67,900 $51,000
7 Person $104,200 $83,400 $62,500 $96,300 $77,100 $57,800 $90,700 $72,600 $54,500
8 Person $110,900 $88,800 $66,600 $102,500 $82,000 $61,600 $96,500 $77,300 $58,000
9 Person $117,600 $94,100 $70,600 $108,700 $87,000 $65,300 $102,400 $81,900  $61,500
10 Person** $124,400 $99,500 $74,600 $114,900 $92,000 $69,000 $108,200 $86,600 $65,000