Flexible Homeownership Assistance Program (FHAP) Income Limits

Page archived as of January 1, 2015

 

  

HUD 2014 Income Limits  

Two income tiers are used in determining the amount of assistance available to participants in the City of Alexandria’s Flexible Homeownership Assistance Program. The total annual gross household income for participants must be within the following limits: 

  

 

Low Income (Federal assistance)

 

  

Tier 1

provides up to $50,000 in assistance 

Tier 2

provides up to $40,000 in assistance 

1 person 

2 person 

3 person 

4 person 

5 person 

6 person 

$47,950 

$54,800 

$61,650 

$68,500 

$74,000 

$79,500 

$47,951 - $59,920 

$54,801 - $68,480 

$61,651 - $77,340 

$68,501 - $85,600 

$74,001 - $92,480 

$79,501 - $99,360 

 

  

  

 

Moderate Income (Local Housing Trust Fund assistance)

 

  

Tier 1

provides up to $30,000 in assistance 

  

Tier 2

provides up to $20,000 in assistance 

  

1 person 

2 person 

3 person 

4 person 

5 person 

6 person 

$59,521 - $67,410 

$68,481 - $77,040 

$77,341 - $87,010 

$85,601 - $96,300 

$92,481 - $104,040 

$99,361 - $111,780 

$67,411 - $74,900 

$77,041 - $85,600 

$87,011 - $96,680 

$96,301 - $107,000 

 

  

 

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