ihda income limits 2019


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<> 10 0 obj <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 792 612] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> ILLINOIS HOUSING DEVELOPMENT AUTHORITY NON-TARGETED INCOME AND PURCHASE PRICE LIMITS – Effective 8/1/2019 Some of these limits have been determined by a Private Letter Ruling issued by the IRS to the Authority. If the property falls in a green-shaded area, it is NOT in a targeted area. To determine if a particular property is located in a targeted area, please use the targeted area look-up map below. %PDF-1.7
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<> MCC is a Mortgage Credit Certificate, please visit the program directory for details.



stream for past limits, visit the historical income limits section in, Non-Targeted Household Income Limits - Above 80% AMI, Non-Targeted Household Purchase Price Limits - Above 80% AMI, Targeted Household Income Limits - Above 80% AMI, Targeted Household Purchase Price Limits - Above 80% AMI.

These limits may be used only in connection with Authority Programs. 1 0 obj <> To determine if a particular property is located in a targeted area, please use the targeted area look-up map below. If you have clients interested in buying a home in these areas, there are typically more assistance programs available. • These limits may be used only in connection with Authority Programs. 0 0 0. 0 0 0. They don’t need to be a first-time homebuyer. That’s currently about 750 multifamily rental properties that comprise more than 65,000 units across the state. 0. A submission does not guarantee approval of your application. endobj endobj endobj 16 0 obj 5 0 obj endobj <> Some of these limits have been determined by a Private Letter Ruling issued by the IRS to the Authority. %���� <> endobj <>

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<> Simply enter the property address and the tool will identify the property’s location on the map with a dot (that may vary in color based on your device). ���� JFIF ` ` �� C 0. Although HUD uses the most recent data available concerning local area incomes, there is still a lag between when the data are collected and when the data are available for use. endobj ���� JFIF ` ` �� C
endobj <> Income and Purchase Price limits in targeted areas are also higher, which could open the door for additional buyers to qualify. <> 7 0 obj 3 0 obj

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endobj <> 12 0 obj <> Click on the map to find targeted areas in Illinois. <> ",#(7),01444'9=82. [ 13 0 R] *6!���� �OH@ǥ��Q��(��)Qɘ0����7��A3���R�D�%��H�g!�?����^bee���Ί 15 0 obj

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<> endobj $.' ���p��pw�EQ��@1An����ˁ�b{��%���Y&V's�B�j1E�i(��$�I�0�1��fRM��,U� 64�lD�@5oC��}�,r^��wQ��w�%�JRnڐF�T$�,Wf���CY:\B�Q:Ce�����h��콟���@h}�p�0X��Z&�E,`��YEA��� G-�`�{5: 0 0. <> 14 0 obj x��Y�o�6~7���/����o ��n�Ž�ZmQ}p]�30�[�m�?~G��Y�!��_D����ȏwT6|�6�Ų"WWٰ��_�o�)��U�n�%+��������잳�_+���nW�/���ftK~��e���2 �Ds /e��� y��n�~/{� �IR��=���D���T )���nn��;�I���=���{O O���]�7�����PT�t�x "Q�,��pXa���)�'*�TT;�Q��^�6j+��,��%k�h��1YG���㺋U�� ç5Dm�sM�)�7Vo�Q�X p.(�Ch����FmI~��d�d2$�C����t�ڄLҁJ�d�D�s�34̢�p�q��F^�a6���žqI��̀��s��ǩK>������k|��f����e=~tG`/2���=z]���#º�- <> �9Ԫ����V�V��ǯ���o�$5��x��U����B�19B� �����$ڠc~��.hCr�b}t,0ؓ ����eȚ�A��G\\p�R��O��sP�]�KT�ю�B��w 0. 0. endobj 14 0 obj Staff is unable to provide updates for individual applications, so please refrain from contacting IHDA regarding your application status. <> endobj endstream • The Illinois Housing Development Authority (IHDA) is working as expeditiously as it can to process applications and notify applicants. 0 0 0. 17 0 obj 0. endobj �}@B:�7���� 0 0 0.

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If the property falls in a blue-shaded area, it is located in a targeted area. endobj 13 0 obj 0 0 0. <> General IHDA Income Limits – Revised 7/1/2019 1 Person 2 People 3 People 4 People 5 People 6 People 7 People 8 People De Witt $40,700 $46,500 $52,300 $58,100 $62,750 $67,400 $72,050 $76,700 �/�� ��D <>

endobj endobj endobj Use of these limits in connection with other Bond Programs is prohibited. endobj <>

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0. Income and Purchase Price limits in targeted areas are also higher, which could open the door for additional buyers to qualify. 8 0 obj 13 0 obj 2 0 obj 0 0 0.

<>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 792 612] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 5.9999999999999995e-4. <> endobj 18 0 obj 7 0 obj • Use of these limits in connection with other Bond Programs is … <> 10 0 obj The federal government has designated certain areas as “targeted areas” where more homeownership is desired.

We work with property managers to ensure their properties are in compliance with building safety codes, loan conditions, tenant selection requirements and other state and federal … endstream

4 0 obj <>/Metadata 2267 0 R/ViewerPreferences 2268 0 R>> 0. endobj endobj Non-Targeted Areas – Income & Purchase Price Limits per County Effective 7/1/2020 • Some of these limits have been determined by a Private Letter Ruling issued by the IRS to the Authority. endobj <> <>

15 0 obj 0 0 0. Putnam 1 2 3 4 5 6 7 8 $47,150 $53,850 $60,600 $67,300 $72,700 $78,100 $83,500 $88,850 Randolph 1 2 3 4 5 6 7 8 $38,050 $43,450 $48,900 $54,300 $58,650 $63,000 $67,350 $71,700. Responsible Property Management At IHDA, we’re responsible for monitoring the properties we finance. 20 0 obj �n��Jj���x€Gd ��� "@� ��xPdD,(*�B��#�AA0�� ؈tH\D*L�"*��AQ�%Q�$ZӝBDM�^yw 16 0 obj 0 0 0. 9 0 obj <>>> 9 0 obj These limits may be used only in connection with Authority Programs. endobj 21 0 obj endobj 0 0 0. 0 0 0. <>

ͼx�����T\]X[�E�1M��](�[`c+�F$̈6��k4��]��V�� ���u����(�b¶! endobj 11 0 obj 17 0 obj (for past limits, visit the historical income limits section in, *All other counties includes the following forty-four (44) counties: Adams, Cass, Christian, Clark, Clay, Coles, Crawford, Cumberland, Edgar, Edwards, Fayette, Franklin, Fulton, Gallatin, Greene, Hamilton, Hancock, Hardin, Henderson, Iroquois, Jackson, Jefferson, Johnson, Knox, Lawrence, Marion, Mason, Massac, Montgomery, Morgan, Moultrie, Pike, Pope, Pulaski, Richland, Saline, Schuyler, Shelby, Stephenson, Union, Vermilion, Warren, Wayne, and White, To determine if a particular property is located in a targeted area, please use the. endobj endobj For example, FY 2019 Income Limits are calculated using 2012-2016 5-year American Community Survey (ACS) data, and one-year 2016 data where possible.

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