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AHFA has updated the maximum family income and sales price limits used for the First Step Mortgage Revenue Bond Program, effective for reservations today, June 24, 2026.
The new income limits were released by the U.S. Department of Housing and Urban Development and are based upon the state's median income. Qualifying households now can earn up to $161,140 annually, depending on the home’s location and family size. Several parts of the state, both rural and urban, have their own income limits. Please visit our website for a complete listing.
The maximum sales price in target areas will be $692,211 and $566,355 in non-target areas.
If you have any questions about this information, please contact Tony Lee at tlee@ahfa.com.
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