Income and Asset Limits
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Income and Asset Limits
Housing assistance programs for individuals and families have income and asset limits that households must be at or below to be considered eligible for a program. These limits are determined each year by the Department of Housing and Urban Development. If you have any questions about how the income and asset limits apply to your situation, please contact the Housing and Community Investment division. You can reach them via email at hci@longmontcolorado.gov or by phone at 303-774-4339.
2023 Maximum Income Limits for Down Payment Assistance Program; Home Rehabilitation Programs; and AHF-, CDBG-, and HOME-funded Projects
Use the following maximum income limits for these programs:
- Boulder County Down Payment Assistance (repayment)
- General Rehabilitation (not Mobile Homes)
| Household Size | 80% of Area Median Income |
|---|---|
| 1 | $66,700 |
| 2 | $76,200 |
| 3 | $85,750 |
| 4 | $95,250 |
| 5 | $102,900 |
| 6 | $110,500 |
| 7 | $118,150 |
| 8 | $125,750 |
Use the following maximum income limits for theMobile Home Repair program:
| Household Size | 50% of Area Median Income |
|---|---|
| 1 | $46,500 |
| 2 | $53,150 |
| 3 | $59,800 |
| 4 | $66,400 |
| 5 | $71,750 |
| 6 | $77,050 |
| 7 | $82,350 |
| 8 | $87,650 |
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