Income and Purchase Price Limits
Effective 07/01/2020 - for past limits, visit the historical income limits section in Document Library
Targeted Household Income Limits - Above 80% AMI
Targeted Household Purchase Price Limits - Above 80% AMI
Some of these limits have been determined by a Private Letter Ruling issued by the IRS to the Authority.
These limits may be used only in connection with Authority Programs.
Use of these limits in connection with other Bond Programs is prohibited.
MCC is a Mortgage Credit Certificate, please visit the program directory for details.
NON TARGETED: All other counties includes the following eighty-nine (89) counties: Adams, Alexander, Bond, Brown, Bureau, Calhoun, Carroll, Cass, Champaign, Christian, Clark, Clay, Clinton, Coles, Crawford, Cumberland, De Witt, Douglas, Edgar, Edwards, Effingham, Fayette, Ford, Franklin, Fulton, Gallatin, Greene, Hamilton, Hancock, Hardin, Henderson, Henry, Iroquois, Jackson, Jasper, Jefferson, Jersey, Jo Daviess, Johnson, Kankakee, Knox, La Salle, Lawrence, Lee, Livingston, Logan, Macon, Macoupin, Madison, Marion, Marshall, Mason, Massac, McDonough, Menard, Mercer, Montgomery, Monroe, Morgan, Moultrie, Ogle, Peoria, Perry, Piatt, Pike, Pope, Pulaski, Putnam, Randolph, Richland, Rock Island, Saline, Sangamon, Schuyler, Scott, Shelby, St. Clair, Stark, Stephenson, Tazewell, Union, Vermillion, Wabash, Warren, Washington, Wayne, White, Whiteside, Williamson, Woodford.
TARGETED: *All other counties includes the following twenty-eight (28) counties: Adams, Alexander, Champaign, Christian, Coles, Fayette, Franklin, Jackson, Jefferson, Kankakee, Knox, Livingston, Macon, Madison, Marion, McDonough, Morgan, Peoria, Richland, Rock Island, Saline, Sangamon, St. Clair, Stephenson, Vermillion, White, Whiteside, Williamson
Below 80% AMI Income limits
(for past limits, visit the historical income limits section in Document Library)
*All other counties includes the following forty-four (44) counties: Adams, Cass, Christian, Clark, Clay, Coles, Crawford, Cumberland, Edgar, Edwards, Fayette, Franklin, Fulton, Gallatin, Greene, Hamilton, Hancock, Hardin, Henderson, Iroquois, Jackson, Jefferson, Johnson, Knox, Lawrence, Marion, Mason, Massac, Montgomery, Morgan, Moultrie, Pike, Pope, Pulaski, Richland, Saline, Schuyler, Shelby, Stephenson, Union, Vermilion, Warren, Wayne, and White
The federal government has designated certain areas as “targeted areas” where more homeownership is desired. If you have clients interested in buying a home in these areas, there are typically more assistance programs available. They don’t need to be a first-time homebuyer. Income and Purchase Price limits in targeted areas are also higher, which could open the door for additional buyers to qualify.
To determine if a particular property is located in a targeted area, please use the targeted area look-up map below. Simply enter the property address and the tool will identify the property’s location on the map with a dot (that may vary in color based on your device). If the property falls in a blue-shaded area, it is located in a targeted area. If the property falls in a green-shaded area, it is NOT in a targeted area.
Click on the map to find targeted areas in Illinois.