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<br />Minnesota Housing Finance Agency Income Limits <br />To qualify for The Minnesota Mortgage Program your Eligibility Income must not exceed: <br /> <br />Size of Household 11-County Twin Cities <br /> Metro Area* <br />1-4 Persons $63,000 <br />-------.5Person-------T $68,500 -- <br />6 Person -,--- $73,500 <br />u____.._____~ I -- $78,500 <br />7 Person <br />-~.~_.- I $83,500 <br />8 Person <br />9 Person I $88,500 <br />_.---'-~"~-' I $93,500 <br />1 0 Person** <br /> <br />*For the purpose of this section, the 11 county Twin Cities Area is defined as: Anoka, Carver, Chisago, <br />Dakota, Hennepin, Isanti, Ramsey, Scott, Sherburne, Washington and Wright Counties. <br /> <br />Minnesota Housing Finance Agency Home Cost Limits <br />The home you purchase must fall within the following cost limits: <br /> <br />11-County Twin Cities <br />Metro Area* <br />$298,125 <br /> <br />Metropolitan Council Income Limits <br /> <br />Ownership Housing - Housing that is affordable to people who earn 80% of the area median income. <br /> <br />In 2007, for a household of four the income limit is $62,800 and this income should be able to afford a <br />home costing $206,800. <br /> <br />Affordable Workforce Housing Summary Page 4 of 4 <br />