Income Limits | HUD USER To get a mortgage through the Keystone Home Loan Program, you need to be a first-time home buyer, have veteran status, or buy a house in a targeted area. u2bTP VfnNM8I96 z1&,/W5 An exception would apply if the proposed owner guarantees the income for the tax credit compliance period via 04/20/2022 PHFA Low Income Housing Tax Credit Program Income Limits, subject to change. %PDF-1.5 % PHFA launches new, forgivable down payment and closing cost assistance loan d2~((7` )xd ppM_kTC4AqGE^ 0000003003 00000 n (=_iyG~ ^Z-W8b>jGmS4:+FES-#knV)9eTn1 hf1z%Z$JD49<>|14p)3A,&egHpjAoS_88Ehl>jglArB*kZPu W1Q]=j, B_]AfrpU MB_6=b6$x0euXART .rP>TYbX6(nA%*,g1H;+rcTrP>tI9U>wrP5xk1NGY:\$5b`bP#lhojr 3Y/VJ+c{Bl% 1701 0 obj <<56de094982e65ac99c2187a859d97dfe>]>>stream PDF Maximum PennHOMES and HTF Loan Limits - Pennsylvania Housing Finance To get a loan through the Keystone Home Loan Program, you need to meet any one of three basic requirements: The income and purchase price limits for the Keystone Home Loan program depend on both the county you want to buy in and your household size. x][oIvF7?&AG7`{wvcf("5+uHs:UM$A";SER?Ws|&SW~jF\]\?KX_zTmjwbx0YtQ.&$5ErRj&(TrR2!K|m'~7GXe}g;*u_Z L?s+)txj,IF97Q$>{$ijYyu,HQ)QY?z?Q5U1gg/ki]"0ijMUHl_O[EJ!&@*~ c'? endstream endobj 64 0 obj <> endobj 66 0 obj <>>>/Contents 67 0 R/StructParents 0/Tabs/S/CropBox[ 0 0 612 792]/Rotate 0>> endobj 67 0 obj <>stream That means your loan won't be sold off to some random servicer. Income Limits. 0000062885 00000 n This is a result of the Census Bureau's decision to not release standard 1-year estimates from the 2020 ACS. Updated Income Limits for 2021 Single Family Housing Loan and Grant The Keystone Advantage Assistance Loan Program helps cover closing costs and down payments. Please enable JavaScript in your browser settings then reload/refresh this page. What is the difference between HUD's Median Family Income (MFI) and Area Median Income (AMI)? xc((b(= w= *[ Learn More about PHFA's paid housing policy research opportunity. endstream endobj 22 0 obj <]>>stream Your counselor will make sure youre ready to buy a home and guide you on the process. Household of 3 - Income limit of $127,600. Apr 13 2023: PHFA announces community revitalization funding recipients. PHFA does not provide mortgage financing for 3 or more units. YouTube Eligibility: Since this is a statewide program, income limits vary depending on the county of the prospective home. Media. It offers competitive interest rates, low down payments, and other benefits to eligible borrowers. %PDF-1.5 % trailer<]>> startxref 0 %%EOF 13 0 obj <> endobj 29 0 obj <. PENNSYLVANIA HOUSING FINANCE AGENCY KEYSTONE HOME LOAN PROGRAM MAXIMUM PURCHASE PRICE AND INCOME LIMITS * By Region and County (Target Areas indicated by "T") Effective for reservations on or after 8/1/2022 Maximum Purchase Price Income Limit & 2 Member 3 or more Member County Bucks Chester Delaware Montgomery Philadelphia (T) endstream endobj HUD Releases FY 2022 Income Limits - Affordable Housing Management x@@oDDD @Tj#48\xf+ "?4aL6L1 PHFA eligibility requirements To obtain a mortgage through this organization, you must select a private company from its approved lender list. The Agency's processing procedures, fee schedules and limitations, and current rent and income limits are set forth in the Agency's 2022 Multifamily Housing Application Package (the "2022 Application") and 2022 Multifamily Housing Program Guidelines (the "2022 Guidelines"), which are available on the Agency's website at
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