Your household annual income includes, but is not limited to: pre-tax wages, salaries, tips, commissions, alimony, overtime, pensions, social security, unemployment compensation, TANF, child support, disability, interest and dividends from assets. Child support & alimony will be calculated from a decree stating amounts whether the payee is current or in arrears. All income information will be verified during the formal application process. For the most accurate eligibility, make sure to update your profile if your household annual income changes.
Maximum Income Limits
Each affordable home is designated as very low, low, or moderate income. Your household income limits are based on the region where the home is located and your household size. In order to qualify to rent or purchase a home, your household annual income must be less than the income limit of the home. The income limits for all regions and household sizes are summarized in the State’s income limit chart.
Minimum Income Limits
The rent and purchase price of the homes in our portfolio are lower than market-rate homes but they are not adjusted to your actual household income. In order to qualify to rent or purchase a home, your household must also have enough income to afford monthly housing expenses. Click here to see how we calculate the minimum income requirements.