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 Balance of State
80% Area Median Income (AMI) $98,600 $89,400

 

Annual Income Limit for:

  • Neighborhood Stabilization Program (NSP) Resales
  • Community Development Block Grant (CDBG) Sales and Resales

Family Size

Olmsted County

1

$66,100

2

$75,550

3

$85,000

4

$94,400

5

$102,000

6

$109,550

 

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