Maximum Affordable Sales Prices

Income Range1-bedroom2-bedroom3-bedroom4-bedroom
0 to 50% of MFI$74,000$84,632$95,263$105,789
50% to 80% of MFI$160,421$183,158$206,211$229,158
80% to 120% of MFI$246,737$282,000$317,053$352,421
>120% of MFINo set priceNo set priceNo set priceNo set price

(Link) Maximum Sales Price Chart for Printing (PDF)

Maximum sales prices of homes in the Affordable and Workforce categories are for newly constructed units. They are based on the following assumptions:

  • 5% down payment and 5.37% mortgage interest (20 year average rate for 30 year mortgage)
  • 30% of a household's income towards housing costs
  • Based on the Mid-range of each income range. For example, the mid-range of the 50 - 80% income range is 65% (see chart, below)
  • One person per bedroom

2019 Income Range Chart for web

(Link) Income Range Chart for Printing (PDF)