Income Limits for Home Improvement Programs
Fix Up Loan/Community Fix Up Loan Programs
The following income limits are effective for Fix Up Loans locked on or after June 3, 2024.
| 11-County Twin Cities Metro Area* | Dodge and Olmsted Counties | All Other Counties |
|---|---|---|
| $185,700 | $185,700 | $167,100 |
The following income limits are effective for Energy Loan Plus loans locked on or after July 1, 2024.
| 11-County Twin Cities Metro Area* | Dodge and Olmsted Counties | All Other Counties |
|---|---|---|
| $99,300 | $93,700 | $89,400 |
*The 11-County Twin Cities Metro Area is defined as: Anoka, Carver, Chisago, Dakota, Hennepin, Isanti, Ramsey, Scott, Sherburne, Washington and Wright counties.
The income limit is waived if the improvement is being made for the accessibility of a family member who is disabled or for specific energy improvements under the Incentive Rate Energy Conversation program.
Community Fix Up Loan Program initiatives may have more restrictive income limits. Contact a Community Fix Up lender for more information.
Rehabilitation Loan Program/Emergency and Accessibility Loan Program
Rehabilitation Loan Program income limits are based on HUD median family income estimates and calculated at 30% of the Minneapolis/St. Paul area median income and are applicable in all Rehabilitation Program areas of the state.
Minnesota Housing allows reducing household income by $1,000 per household member. When determining income qualifications, borrowers may reduce their annual income by $1,000 per household member.
The following income limits are effective for any loans locked under the Rehabilitation Loan Program/Emergency & Accessibility Loan Program on or after June 3, 2024.
| Household Size |
Income Limits
|
|---|---|
|
1 Person
|
$26,100 |
|
2 People
|
$29,800 |
|
3 People
|
$33,600 |
|
4 People
|
$37,300 |
|
5 People
|
$40,300 |
|
6 People
|
$43,300 |
|
7 People
|
$46,200 |
|
8 People
|
$49,200 |
|
9 People
|
$52,200 |
|
10 People
|
$55,200 |
|
11 People
|
$58,200 |
|
12 People
|
$61,100 |
Contact RLP.ELP@state.mn.us for larger household sizes.
Disaster Recovery Loan Program
No income limits apply to the Disaster Recovery Loan Program.
