Borrowers

Income Guidelines - for both Livable City Initiative Lead Based Paint Hazard Control Program and Citizens Bank Downpayment Assistance (effective May 31, 2011)

 
Family Size
Income Limit (80% AMI, subject to change)
 
1
$44,950
 
2
$51,400
 
3
$57,800
 
4
$64,200
 
5
$69,350
 
6
$74,500
 
7
$79,650
 
8
$84,750
 
 

 

For Livable City Initiative Lead Based Paint Hazard Control Program ONLY: If house has more than one unit, renters must meet 80% median income criterion

Rent Limits:
Unit Size
Max Monthly Rent Allowable
 
efficiency
$910
 
1
$1,032
 
2
$1,246
 
3
$1,491
 
4
$1,705

 

 
Program
Family Size
Income Limit
 
 
Lead and Citizens Down Payment and Closing Cost
80% AMI (subject to change)
 
1
45,100
 
2
51,550
 
3
58,000
 
4
64,400
 
5
69,600
 
6
74,750
 
7
79,900
(Effective May 2010)
8
85,050
 
 
If house has more than one unit, renters must meet 80% median income criterion
     
Rent Limits:
Unit Size
Max Monthly Rent Allowable
 
efficiency
$862
 
1
$978
 
2
$1,181
 
3
$1,414
 
4
$1,616
 
5
$1,858