Income Limits
Many (but not all) down-payment assistance programs have eligibility limits on the applicant's maximum annual income. Unless otherwise noted, income limits are often based on HUD guidelines published each year and adjusted by household size. For programs on the previous page that use the HUD 80% AMI limit, refer to the chart below:
| HUD FY2009 Effective March 19, 2009 80% of Area Median Income Albany-Schenectady-Troy MSA |
|
| Household Size | Maximum Gross Annual Household Income |
| 1 | $41,500 |
| 2 | $47,450 |
| 3 | $53,350 |
| 4 | $59,300 |
| 5 | $64,050 |
| 6 | $68,800 |
| 7 | $73,550 |
| 8 | $78,300 |
Our list of programs is intended only as a guide. Confirm details and eligibility criteria with each program administrator.
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