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MCPP Limits Page 1 of 2
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<br /> Governor
<br /> MINNESOTA HOUSING FINANCE AGENCY
<br /> Hose s I . uttifaxnity I Property P N na e e it Renter inv to
<br /> Home Mortgages iau tovesuont Loans I Down Payment:I Lenders/Agent: ( Foredo re j Administlatina 1 1101
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<br /> MHFA Mortgage Loan Pro rams > Minnesota City Homes
<br /> Participation Program (MCPP)
<br /> M Back to Minnesota City Participation Program I am looking for:
<br /> Choose One
<br /> Program Income Limits
<br /> To qualify for The Minnesota City Participation Program your MHFA Eligibility Income
<br /> must not exceed these income limits:
<br /> Size of 11-County Twin Cities Metro - Olmsted Balance of
<br /> Houshold Area* County State
<br /> 1-4 Persons $60,250 -$56,500 $52,100
<br /> 5 Person $65,100 $61,000 $56,300
<br /> 6 Person '69,900 '65,550 '60,450
<br /> 7 Person $74,750 $70,050 $64,650
<br /> 8 Person $79,550 $74,600 $68,800
<br /> *For the purpose of this section,the 11 county Twin Cities Area is defined as:Anoka,
<br /> • Carver,Chisago, Dakota, Hennepin, Isanti, Ramsey,Scott,Sherburne,Washington and
<br /> Wright Counties
<br /> *Back to Top
<br /> Home Cost Price Limits
<br /> The home you purchase must fall within these cost limits:
<br /> If the property to be mortgaged is Existing Residences New Residences
<br /> located in:
<br /> 11-County Twin Cities Area* $204,183 $228,059
<br /> Aitkin County * *
<br /> Becker County $109,671 _ $131,070
<br /> Beltrami County $90,156 $131,070
<br /> Benton County $154,499 $135,900
<br /> Blue Earth County $111,136 $131,070
<br /> Brown County $85,787 $131,070
<br /> Carlton County * *
<br /> bass County * *
<br /> Clay County '121,232 '131,070
<br /> Cook County
<br /> Crow Wing County $132,816 $131,070
<br /> Dodge County $116,981 $131,070
<br /> Douglas County $130,367 $131,070
<br /> Fillmore County $81,391 $131,070
<br /> Goodhue County $129,053 $131,070
<br /> Houston County $121,819 $131,070
<br /> Hubbard County $120,608 $131,070
<br /> Itasca County * *
<br /> http://www.mhfa.state.mn.us/homes/MCPPlimits.htm 12/19/2003
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