Income Guidelines

Annual Income Limit for Community Land Trust (CLT) Sales, Resales, Gap Loans, and Non-CLT Gap Loans:

Gross Household Income Olmsted & Dodge Counties Remaining Counties
80% Area Median Income (AMI)* $98,600 $89,400

*Income limist may differ for Neighborhood Stabilization Program (NSP) and Community Development Block Grant (CDBG) sales and resales.

 

Income guidelines change annually. Effective until 7/1/2024. Updated income guidelines are provided by Minnesota Housing (MHFA) and Housing Urban and Development (HUD).