PDF chfa home finance program income limits

[Pages:2]County Name

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chfa home finance program income limits

CHFA Preferredsm 1

Income Limits (Qualifying Income3)

Regardless of Household Size or Area

$83,840 $58,800 $83,840 $58,800 $58,800 $58,800 $93,520 $83,840 $58,800 $61,280 $83,840 $58,800 $58,800 $58,800 $58,800 $58,800 $83,840 $58,800 $83,840 $78,640 $83,840 $65,520 $58,800 $70,640 $83,840 $63,040 $64,480 $58,800 $58,800 $58,800 $83,840 $58,800 $58,800 $58,800 $71,440

CHFA Preferred Very Low Income Program (VLIP)1

Income Limits (Qualifying Income3)

Regardless of Household Size or Area

$52,400 $36,750 $52,400 $36,750 $36,750 $36,750 $58,450 $52,400 $36,750 $38,300 $52,400 $36,750 $36,750 $36,750 $36,750 $36,750 $52,400 $36,750 $52,400 $49,150 $52,400 $40,950 $36,750 $44,150 $52,400 $39,400 $40,300 $36,750 $36,750 $36,750 $52,400 $36,750 $36,750 $36,750 $44,650

CHFA SmartStepsm 1

Income Limits (Qualifying Income3)

Regardless of Household Size or Area

$130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200

Effective June 21, 2021

CHFA FirstStepsm 2

Non Targeted Income Limits (Gross Annual Income4)

1?2 Person 3+ Person Household Household

$104,800

$120,520

$111,600

$130,200

$104,800

$120,520

$93,000

$106,950

$111,600

$130,200

$111,600

$130,200

$116,900

$134,430

$104,800

$120,520

$111,600

$130,200

$93,000

$106,950

$104,800

$120,520

$111,600

$130,200

$111,600

$130,200

$111,600

$130,200

$93,000

$106,950

$111,600

$130,200

$104,800

$120,520

$93,000

$106,950

$104,800

$120,520

$98,300

$113,040

$104,800

$120,520

$93,000

$106,950

$93,000

$106,950

$93,000

$106,950

$104,800

$120,520

$93,000

$106,950

$93,000

$106,950

$93,000

$106,950

$111,600

$130,200

$93,000

$106,950

$104,800

$120,520

$93,000

$106,950

$111,600

$130,200

$93,000

$106,950

$93,000

$106,950

Targeted Income Limits (Gross Annual Income4)

1?2 Person 3+ Person Household Household

$125,760

$146,720

$111,600

$130,200

$125,760

$146,720

$93,000

$106,950

$111,600

$130,200

$111,600

$130,200

$140,280

$163,660

$104,800

$120,520

$111,600

$130,200

$93,000

$106,950

$104,800

$120,520

$111,600

$130,200

$111,600

$130,200

$111,600

$130,200

$93,000

$106,950

$111,600

$130,200

$125,760

$146,720

$93,000

$106,950

$104,800

$120,520

$98,300

$113,040

$104,800

$120,520

$111,600

$130,200

$111,600

$130,200

$93,000

$106,950

$104,800

$120,520

$93,000

$106,950

$111,600

$130,200

$93,000

$106,950

$111,600

$130,200

$93,000

$106,950

$125,760

$146,720

$93,000

$106,950

$111,600

$130,200

$111,600

$130,200

$93,000

$106,950

Purchase Price Limits

Non Targeted Area

$522,510 $381,300 $522,510 $311,970 $381,300 $381,300 $548,250 $522,510 $418,370 $311,970 $522,510 $381,300 $381,300 $381,300 $311,970 $381,300 $522,510 $311,970 $522,510 $548,250 $522,510 $344,310 $311,970 $548,250 $522,510 $463,110 $357,400 $374,510 $381,300 $311,970 $522,510 $311,970 $381,300 $311,970 $392,640

Targeted Area

$548,250 $381,300 $548,250 $311,970 $381,300 $381,300 $548,250 $522,510 $418,370 $311,970 $522,510 $381,300 $381,300 $381,300 $311,970 $381,300 $548,250 $311,970 $522,510 $548,250 $522,510 $420,830 $381,300 $548,250 $522,510 $463,110 $436,820 $374,510 $381,300 $311,970 $548,250 $311,970 $381,300 $381,300 $392,640

County Name

Larimer Las Animas Lincoln Logan Mesa Mineral Moffat Montezuma Montrose Morgan Otero Ouray Park Phillips Pitkin Prowers Pueblo Rio Blanco Rio Grande Routt Saguache San Juan San Miguel Sedgwick Summit Teller Washington Weld Yuma

CHFA Preferredsm 1

Income Limits (Qualifying Income3)

Regardless of Household Size or Area

$76,720 $58,800 $58,800 $58,800 $56,080 $58,800 $58,800 $58,800 $58,800 $58,800 $58,800 $62,160 $83,840 $58,800 $85,120 $58,800 $49,120 $62,640 $58,800 $74,400 $58,800 $58,800 $70,240 $58,800 $76,880 $65,520 $58,800 $71,760 $58,800

CHFA Preferred Very Low Income Program (VLIP)1

Income Limits (Qualifying Income3)

Regardless of Household Size or Area

$47,950 $36,750 $36,750 $36,750 $35,050 $36,750 $36,750 $36,750 $36,750 $36,750 $36,750 $38,850 $52,400 $36,750 $53,200 $36,750 $30,700 $39,150 $36,750 $46,500 $36,750 $36,750 $43,900 $36,750 $48,050 $40,950 $36,750 $44,850 $36,750

CHFA SmartStepsm 1

Income Limits (Qualifying Income3)

Regardless of Household Size or Area

$130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200 $130,200

Effective June 21, 2021

CHFA FirstStepsm 2

Non Targeted Income Limits (Gross Annual Income4)

1?2 Person 3+ Person Household Household

$95,900

$110,280

$111,600

$130,200

$93,000

$106,950

$93,000

$106,950

$93,000

$106,950

$111,600

$130,200

$93,000

$106,950

$111,600

$130,200

$93,000

$106,950

$93,000

$106,950

$111,600

$130,200

$93,000

$106,950

$104,800

$120,520

$93,000

$106,950

$106,400

$122,360

$111,600

$130,200

$111,600

$130,200

$93,000

$106,950

$111,600

$130,200

$93,000

$106,950

$111,600

$130,200

$111,600

$130,200

$93,000

$106,950

$93,000

$106,950

$96,100

$110,510

$93,000

$106,950

$93,000

$106,950

$111,600

$130,200

$111,600

$130,200

Targeted Income Limits (Gross Annual Income4)

1?2 Person 3+ Person Household Household

$115,080

$134,260

$111,600

$130,200

$93,000

$106,950

$111,600

$130,200

$93,000

$106,950

$111,600

$130,200

$93,000

$106,950

$111,600

$130,200

$111,600

$130,200

$111,600

$130,200

$111,600

$130,200

$93,000

$106,950

$104,800

$120,520

$93,000

$106,950

$106,400

$122,360

$111,600

$130,200

$111,600

$130,200

$93,000

$106,950

$111,600

$130,200

$93,000

$106,950

$111,600

$130,200

$111,600

$130,200

$93,000

$106,950

$93,000

$106,950

$96,100

$110,510

$93,000

$106,950

$93,000

$106,950

$111,600

$130,200

$111,600

$130,200

Purchase Price Limits

Non Targeted Area

$406,730 $381,300 $311,970 $311,970 $311,970 $381,300 $311,970 $381,300 $372,500 $311,970 $381,300 $372,500 $522,510 $311,970 $548,250 $381,300 $381,300 $311,970 $381,300 $548,250 $381,300 $381,300 $548,250 $311,970 $548,250 $344,310 $311,970 $458,970 $381,300

Targeted Area

$497,120 $381,300 $311,970 $381,300 $311,970 $381,300 $311,970 $381,300 $455,280 $381,300 $381,300 $372,500 $522,510 $311,970 $548,250 $381,300 $381,300 $311,970 $381,300 $548,250 $381,300 $381,300 $548,250 $311,970 $548,250 $344,310 $311,970 $458,970 $381,300

1 No purchase price limits. However, maximum total loan limit (including financed MIP, MI, Funding Fee, or Guarantee Fee, as applicable) may not exceed lower of $548,250 or limit required by loan type. 2 Purchase price limits apply. However, maximum loan limit may not exceed lower of $548,250 or limit required by loan type.

3 Only the income utilized by the Participating Lender for purposes of credit qualifying the borrower(s) will be required for purposes of determining eligibility under CHFA's Income Limits.

4 Equal to the current total gross annual income for all loan applicants [i.e., borrower(s) and coborrower(s)], any spouse or civil union partner of any borrower or co-borrower who will reside in the residence, and any other individual who is expected to both live in the residence and to be secondarily liable on the Mortgage Loan. All sources of income for all such individuals must be included.

With respect to its programs, services, activities, and employment practices, Colorado Housing and Finance Authority does not discriminate on the basis of race, color, religion, sex, age, national origin, disability, or any other protected classification under federal, state, or local law.

303.297.7376 888.320.3688

06/21.v6

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