AHFA has received several follow-up questions resulting from the 11/26/19 memo that was sent to our participating Step-Up lenders regarding changes to the income limit for the Freddie Mac/ Conventional Step Up option. 

Since there appears to be some confusion, we wanted to provide clarification and reassure our lenders that this income limit change does not affect the FHA Step Up option, which remains at $97,300. Again, the income limit change referenced in the 11/26/19 memo pertains to only the Freddie Mac/Conventional Step Up option.

We apologize for any confusion.