Income and Purchase Price limits
The following table contains the present income and purchase price limits:
Riverside County MCC
Income and Purchase Price Limits
Effective: May 6, 2020
|
Maximum Income*
|
Outside
Target Area
|
Inside
Target Area
|
Household with 1 - 2 persons
|
$75,300
|
$90,360
|
Household with 3 or more persons
|
$86,595
|
$105,420
|
Effective: March 24, 2020
|
Maximum Home
Purchase Price
|
Outside
Target Area
|
Inside
Target Area
|
New & Existing Home
|
$393,158
|
$480,527
|
* Maximum income refers to the gross annual household income of the mortgagor(s) and all persons 18 years of age or older who will live in the residence.
|
Purchase Price and Income Limits Document