Income Guidelines

Annual Income Limit for Community Land Trust (CLT) Sales and Resales:

Gross Household Income Olmsted & Dodge Counties Balance of State
80% Area Median Income (AMI) $89,200 $83,200

 

Annual Income Limit for:

  • Neighborhood Stabilization Program (NSP) Resales
  • Community Development Block Grant (CDBG) Sales and Resales
  • First Homes Gap Loans

Family Size

Olmsted County

1

$62,450

2

$71,400

3

$80,300

4

$89,200

5

$96,350

6

$103,500

 

Income guidelines change annually. Effective until 7/1/2023. Updated income guidelines are provided by Minnesota Housing (MHFA) and Housing Urban and Development (HUD).