Housing Income Limits
SHIP & HHRP 2025 Gross Income Limits Adjusted to Family Size
There are maximum income limits and sales price limits associated with the program. This means that in order to qualify for the program, your income must not exceed the program’s limits for income and the sales price of the home that you would like to purchase cannot exceed the program’s limits.
Qualified Income Brackets
In computing eligibility, it is required that the gross income for the entire household such as permanent roommates, employed children over 18, elderly parents, and others not applying for the mortgage loan be counted.
| Household Size | Extremely Low Income (30%) | Very Low Income (50%) | Low Income (80%) | Moderate Income (120%) |
|---|---|---|---|---|
| 1 | $21,550 | $35,900 | $57,400 | $86,160 |
| 2 | $24,600 | $41,000 | $65,600 | $98,400 |
| 3 | $27,700 | $46,150 | $73,800 | $110,760 |
| 4 | $32,150 | $51,250 | $82,000 | $123,000 |
| 5 | $37,650 | $55,350 | $88,600 | $132,840 |
| 6 | $43,150 | $59,450 | $95,150 | $142,680 |
| 7 | $48,650 | $63,550 | $101,700 | $152,520 |
| 8 | $54,150 | $67,650 | $108,250 | $162,360 |
Unqualified income brackets
Unfortunately, households earning less than $32,150 annually may be unable to purchase a home through these programs. Those households earning more than the Over-Moderate-Income category are over-income and ineligible to participate.
| Household Size | Over Moderate Income (140%) |
|---|---|
| 1 | $100,520 |
| 2 | $114,800 |
| 3 | $129,220 |
| 4 | $143,500 |
| 5 | $154,980 |
| 6 | $166,460 |
| 7 | $177,940 |
| 8 | $189,420 |