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Maximum Affordable Sales Prices
| Income Range | 1-bedroom | 2-bedroom | 3-bedroom | 4-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 MFI | No set price | No set price | No set price | No 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