top of page
hda000_MortgageLogoVertical_edited.png

Income and Purchase Price Limits

Visit the Document Library for historical limits.

Effective on reservations dated

07/01/2023

and after.

PDF Version (in doc library)

Help Using These Limits

Look Up Targeted Areas

How to Use These Limits

Non-Targeted Income Limits Apply When​.....

  1. The property is NOT located in a targeted area and...

  2. The total income is less than or equal to the "Non-Targeted Income" limit for the respective county and...

  3. The total income exceeds the "Below 80% AMI" limit for the respective county.

Targeted Income Limits Apply When​.....

  1. The property IS located in a targeted area and...

  2. The total income is less than or equal to the "Targeted Income" limit for the respective county and...

  3. The total income exceeds the "Below 80% AMI" limit for the respective county.

Below 80% AMI Income Limits Apply When​.....

  1. The total income is less than or equal to the "Below 80% AMI" limit for the respective county.

Lenders should not use any of these limits to determine discounted PMI coverage eligibility, which will be dictated by FNMA/FHLMC's own limits against the qualifying income as entered in AUS.

The income amount IHDA uses to determine eligibility may vary from the amount used in AUS as it uses different calculation methods. Lenders should always complete the IHDA Income Calculator (posted in the document library) to determine eligibility prior to reserving funds.

Targeted Area Lookup

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.

Use the map below to find targeted areas in Illinois. For mobile users, use this link to make the map larger in a new window.

Non-Targeted Income Limits

SUBJECT PROPERTY COUNTY

MAXIMUM INCOME LIMIT

Cook, DuPage, Kane, Lake, McHenry, McLean, Will
$132,360.00
Grundy
$123,960.00
Kendall
$136,920.00
All Other Counties*
$122,280.00
NT Income

Non-Targeted Purchase Price Limits

SUBJECT PROPERTY COUNTY

MAXIMUM PURCHASE PRICE

Cook, DuPage, Kane, Lake, McHenry, McLean, Will
$581,176.00

ONE UNIT

$716,111.00

TWO UNITS

Grundy
$581,176.00

ONE UNIT

$716,111.00

TWO UNITS

Kendall
$581,176.00

ONE UNIT

$716,111.00

TWO UNITS

All Other Counties*
$581,176.00

ONE UNIT

$716,111.00

TWO UNITS

NT Purhase Price

Targeted Income Limits

SUBJECT PROPERTY COUNTY

MAXIMUM INCOME LIMIT

Cook, Kane, Lake, McLean, Will
$132,360.00
All Other Counties**
$122,280.00
Targeted Income
Targeted Purchase Price

Targeted Purchase Price Limits

SUBJECT PROPERTY COUNTY

MAXIMUM PURCHASE PRICE

Cook, Kane, Lake, McLean, Will
$688,104.00

ONE UNIT

$853,024.00

TWO UNITS

All Other Counties**
$688,104.00

ONE UNIT

$853,024.00

TWO UNITS

Below 80% AMI Maximum Income Limits

SUBJECT PROPERTY COUNTY

Adams / Moultrie

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$50,800.00
$63,500.00
$73,700.00
$83,850.00
$44,450.00
$57,150.00
$68,600.00
$78,750.00
Alexander

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$45,600.00
$56,950.00
$66,100.00
$75,200.00
$39,900.00
$51,300.00
$61,550.00
$70,650.00
Bond

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$54,000.00
$67,450.00
$78,250.00
$89,050.00
$47,250.00
$60,750.00
$72,850.00
$83,650.00
Boone / Winnebago

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$51,550.00
$64,400.00
$74,750.00
$85,050.00
$45,100.00
$58,000.00
$69,600.00
$79,900.00
Brown

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$56,900.00
$71,100.00
$82,500.00
$93,900.00
$49,800.00
$64,000.00
$76,800.00
$88,200.00
Bureau / Cumberland

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$50,250.00
$62,800.00
$72,850.00
$82,900.00
$44,000.00
$56,550.00
$67,850.00
$77,900.00
Calhoun / Clinton / Jersey / Madison / Monroe / St. Clair

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$60,750.00
$75,900.00
$88,050.00
$100,200.00
$53,150.00
$68,350.00
$82,000.00
$94,150.00
Carroll / Douglas / Iroquois / Jasper / Macoupin/ Whiteside

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$48,750.00
$60,900.00
$70,650.00
$80,400.00
$42,650.00
$54,850.00
$65,800.00
$75,550.00
Champaign / Piatt

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$58,450.00
$73,050.00
$84,750.00
$96,450.00
$51,150.00
$65,750.00
$78,900.00
$90,600.00
Cook / Du Page / Kane / Lake / McHenry / McLean / Will

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$66,700.00
$83,350.00
$96,700.00
$110,050.00
$58,350.00
$75,050.00
$90,050.00
$103,400.00
De Witt

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$49,400.00
$61,700.00
$71,600.00
$81,450.00
$43,200.00
$55,550.00
$66,650.00
$76,550.00
DeKalb

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$62,000.00
$77,450.00
$89,850.00
$102,250.00
$54,250.00
$69,750.00
$83,650.00
$96,050.00
Edwards

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$48,800.00
$61,000.00
$70,800.00
$80,550.00
$42,700.00
$54,900.00
$65,900.00
$75,650.00
Effingham

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$52,100.00
$65,100.00
$75,550.00
$85,950.00
$45,600.00
$58,600.00
$70,350.00
$80,750.00
Ford

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$52,600.00
$65,700.00
$76,250.00
$86,750.00
$46,000.00
$59,150.00
$71,000.00
$81,500.00
Grundy

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$62,500.00
$78,100.00
$90,600.00
$103,100.00
$54,700.00
$70,300.00
$84,350.00
$96,850.00
Henry / Marshall / Mercer / Peoria / Rock Island / Stark / Tazewell / Woodford

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$54,600.00
$68,250.00
$79,200.00
$90,100.00
$47,800.00
$61,450.00
$73,750.00
$84,650.00
Jo Daviess / Kankakee / Ogle

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$53,350.00
$66,650.00
$77,350.00
$88,000.00
$46,700.00
$60,000.00
$72,000.00
$82,650.00
Kendall

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$71,550.00
$89,400.00
$103,750.00
$118,050.00
$62,600.00
$80,500.00
$96,600.00
$110,900.00
La Salle

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$49,600.00
$62,000.00
$71,950.00
$81,850.00
$43,400.00
$55,800.00
$67,000.00
$76,900.00
Lee

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$53,850.00
$67,300.00
$78,100.00
$88,850.00
$47,150.00
$60,600.00
$72,700.00
$83,500.00
Livingston

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$50,600.00
$63,200.00
$73,350.00
$83,450.00
$44,250.00
$56,900.00
$68,300.00
$78,400.00
Logan

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$53,000.00
$66,250.00
$76,850.00
$87,450.00
$46,400.00
$59,650.00
$71,550.00
$82,150.00
Macon

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$49,200.00
$61,450.00
$71,300.00
$81,150.00
$43,050.00
$55,350.00
$66,400.00
$76,200.00
McDonough

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$50,150.00
$62,650.00
$72,700.00
$82,700.00
$43,900.00
$56,400.00
$67,700.00
$77,700.00
Menard / Sangamon

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$61,050.00
$76,300.00
$88,550.00
$100,750.00
$53,450.00
$68,700.00
$82,450.00
$94,650.00
Putnam

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$55,150.00
$68,900.00
$79,950.00
$90,950.00
$48,250.00
$62,050.00
$74,450.00
$85,450.00
Randolph

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$49,200.00
$61,500.00
$71,350.00
$81,200.00
$43,050.00
$55,350.00
$66,450.00
$76,300.00
Scott

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$49,800.00
$62,250.00
$72,250.00
$82,200.00
$43,600.00
$56,050.00
$67,250.00
$77,200.00
Wabash

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$50,400.00
$62,950.00
$73,050.00
$83,100.00
$44,100.00
$56,700.00
$68,000.00
$78,100.00
Washington

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$55,800.00
$69,750.00
$80,950.00
$92,100.00
$48,850.00
$62,800.00
$75,350.00
$86,500.00
Williamson

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$49,700.00
$62,100.00
$72,050.00
$82,000.00
$43,500.00
$55,900.00
$67,100.00
$77,050.00
*All other counties

TOTAL HOUSEHOLD MEMBERS

1

2

3

4

5

6

7

8+

$48,600.00
$60,700.00
$70,450.00
$80,150.00
$42,500.00
$54,650.00
$65,600.00
$75,300.00
Below 80% Income
  • 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 the Authority’s IHDA Mortgage Programs.

  • Use of these limits in connection with other Bond Programs is prohibited.

*Non-Targeted Limits (All Other Counties): All other counties includes the following ninety-three (93) counties: Adams, Alexander, Bond, Boone, Brown, Bureau, Calhoun, Carroll, Cass, Champaign, Christian, Clark, Clay, Clinton, Coles, Crawford, Cumberland, De Witt, DeKalb, 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, Winnebago, Woodford.

**Targeted Limits (All Other Counties)All other counties includes the following thirty (30) counties: Adams, Alexander, Champaign, Christian, Coles, De Kalb, Fayette, Franklin, Jackson, Jefferson, Kankakee, Knox, Livingston, Macon, Madison, Marion, McDonough, Morgan, Peoria, Richland, Rock Island, Saline, St. Clair, Sangamon, Stephenson, Vermillion, White, Whiteside, Williamson, Winnebago

 

 

 

bottom of page