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Maximum Affordable Sales Prices
Affordable Housing Maximum Sales Prices
Effective April 1, 2025 until MFI is updated by HUD in 2026
| 0 - 50% | 50% - 80% | 80% - 120% | 120% - 160% | |
| Studio | $93,947 | $203,284 | $312,979 | $438,063 |
| 1 Bedroom | $110,526 | $239,158 | $368,211 | $515,368 |
| 2 Bedroom | $126,315 | $273,474 | $420,737 | $588,842 |
| 3 Bedroom | $141,895 | $307,684 | $473,368 | $662,632 |
(Link) Maximum Sales Price Chart for Printing (PDF)
Maximum sales prices of homes in the Affordable and income ranges are for newly constructed units. They are based on the following assumptions:
- 5% down payment and 4.71% 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