2015 Home Improvement and Impact Fund Income Limits

Based on updated median income numbers from the U.S. Department of Housing and Urban Development (HUD), we are making changes to our home improvement and Impact Fund income limits effective March 31, 2015.
At this time, there are no changes to Start Up, Step Up, Mortgage Credit Certificate, Deferred Payment Loan or Monthly Payment Loan income limits.
Fix Up Loan Program
$99,500 is the new income limit for all Fix Up loan closings as of March 31, 2015 (excluding Secured Energy/Accessibility and Unsecured Energy loans, which continue to have no income limit).
Rehabilitation and Emergency & Accessibility Loan Programs
The following income limits are effective for any Rehabilitation Loan Program and Emergency & Accessibility Loan Program loan closings on or after March 31, 2015.
Size of Household
Income Limit 
1 Person 
$18,200 
2 People
$20,800
3 People
$23,400
4 People
$26,000
5 People
$28,100
6 People
$30,150
7 People
$32,250
8 People
$34,300
Please contact the Partner Solutions Team for larger household sizes.
Impact Fund
The following income limits are effective for any Impact Fund units closed or completed on or after March 31, 2015.
Gross Household Income
11-County Twin Cities Metro Area
Rochester MSA 
Balance of State
50% AMI
$43,300
$40,900
$38,700
60% AMI
$52,000
$49,100
$46,500
80% AMI
$69,300
$65,400
$62,000
100% AMI
$86,600
$81,700
$77,400
115% AMI
$99,500
$93,900
$89,000
Income limits for the Impact Fund target households at or below 115% of state or area median income. Co-funder partners’ program income limits vary. Consult with specific co-funder partners for additional information.
Questions?
Contact the Partner Solutions Team at 651.296.8215 or 800.710.8871 between 7:30 a.m. and 5:00 p.m. on business days.
400 Sibley Street, Suite 300 | Saint Paul, MN 55101 US
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