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Single Family
Income/Purchase Price Limits
INCOME LIMITS
The total combined gross annual income from all sources of all persons 18 years or older expected to live in the home must be less than established program income limits. Income limits are based on the number of family members and change periodically. The limits currently in effect are:
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1-2 Family
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3+ Family
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Members
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Members
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Non-targeted Areas:
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Lancaster County
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$68,300
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$78,545
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Cass, Douglas, Sarpy and Washington Counties
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$69,900
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$80,385
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Seward County
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$66,900
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$76,935
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Saunders County
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$65,400
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$75,210
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All Other Areas
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$62,000
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$71,300
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Targeted Areas:
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Lancaster County
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$81,960
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$95,620
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Douglas and Sarpy Counties
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$83,880
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$97,860
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Thomas County
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$74,400
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$86,800
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PURCHASE PRICE LIMITS
To qualify for a NIFA loan, the purchase price of the home must not exceed established program limits, which change periodically. The purchase price limits that apply depend upon whether the residence is located in a NIFA Targeted Area or a non-targeted area. The limits currently in effect are:
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New/Existing Homes
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Non-targeted Areas
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$200,000
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Targeted Areas
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$235,000
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2-4 Unit Property Factors: 2 units = 1.126, 3 units = 1.363, 4 units = 1.585
Back
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1230 'O' Street