How to Use These Limits
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The property is NOT located in a Targeted area and...
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The income and purchase price is less than or equal to the "Non-Targeted Income" and "Non-Targeted Purchase Price" limit for the respective county.
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The property IS located in a Targeted area and...
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The income and purchase price is less than or equal to the "Targeted Income" or "Targeted Purchase Price" limit for the respective county.
Below 80% AMI Income Limits Apply When​.....
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The total income is less than or equal to the "Below 80% AMI" limit for the respective county.
Lenders should not use any of these limits to determine discounted PMI coverage eligibility, which will be dictated by FNMA/FHLMC's own limits against the qualifying income as entered in AUS.
The income amount IHDA uses to determine eligibility may vary from the amount used in AUS as it uses different calculation methods. Lenders should always complete the IHDA Income Calculator (posted in the document library) to determine eligibility prior to reserving funds.
Targeted Area Lookup
The federal government has designated certain areas as “targeted areas” where more homeownership is desired. If you have clients interested in buying a home in these areas, there are typically more assistance programs available. They don’t need to be a first-time homebuyer. Income and Purchase Price limits in targeted areas are also higher, which could open the door for additional buyers to qualify.
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To determine if a particular property is located in a targeted area, please use the targeted area look-up map below. Simply enter the property address and the tool will identify the property’s location on the map with a dot (that may vary in color based on your device). If the property falls in a blue-shaded area, it is located in a targeted area. If the property falls in a green-shaded area, it is NOT in a targeted area.
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Use the map below to find targeted areas in Illinois. For mobile users, use this link to make the map larger in a new window.
Non-Targeted Income Limits
SUBJECT PROPERTY COUNTY
MAXIMUM INCOME LIMIT
Cook, DuPage, Kane, Lake, McHenry, Will
$134,520.00
Grundy
$136,320.00
Calhoun, Clinton, Jersey, Madison, Monroe, St Clair
$123,840.00
Menard, Sangamon
$126,720.00
Champaign, Piatt
$127,440.00
McLean
$132,360.00
Kendall
$145,560.00
All Other Counties*
$123,480.00
Non-Targeted Purchase Price Limits
SUBJECT PROPERTY COUNTY
MAXIMUM PURCHASE PRICE
Cook, DuPage, Kane, Lake, McHenry, Will
$610,939.00
ONE UNIT
$754,187.00
TWO UNITS
Grundy
$610,939.00
ONE UNIT
$754,187.00
TWO UNITS
Calhoun, Clinton, Jersey, Madison, Monroe, St Clair
$610,939.00
ONE UNIT
$754,187.00
TWO UNITS
Menard, Sangamon
$610,939.00
ONE UNIT
$754,187.00
TWO UNITS
Champaign, Piatt
$610,939.00
ONE UNIT
$754,187.00
TWO UNITS
McLean
$610,939.00
ONE UNIT
$754,187.00
TWO UNITS
Kendall
$610,939.00
ONE UNIT
$754,187.00
TWO UNITS
All Other Counties*
$610,939.00
ONE UNIT
$754,187.00
TWO UNITS
Targeted Income Limits
SUBJECT PROPERTY COUNTY
MAXIMUM INCOME LIMIT
Cook, Kane, Lake, Will
$134,520.00
McLean
$132,360.00
Champaign
$127,440.00
Madison, St. Clair
$123,840.00
Sangamon
$126,720.00
All Other Counties*
$123,480.00
Targeted Purchase Price Limits
SUBJECT PROPERTY COUNTY
MAXIMUM PURCHASE PRICE
Cook, Kane, Lake, Will
$724,481.00
ONE UNIT
$899,562.00
TWO UNITS
McLean
$724,481.00
ONE UNIT
$899,562.00
TWO UNITS
Champaign
$724,481.00
ONE UNIT
$899,562.00
TWO UNITS
Madison, St. Clair
$724,481.00
ONE UNIT
$899,562.00
TWO UNITS
Sangamon
$724,481.00
ONE UNIT
$899,562.00
TWO UNITS
All Other Counties*
$724,481.00
ONE UNIT
$899,562.00
TWO UNITS
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Some of these limits have been determined by a Private Letter Ruling issued by the IRS to the Authority.
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These limits may be used only in connection with the Authority’s IHDA Mortgage Programs.
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Use of these limits in connection with other Bond Programs is prohibited.
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*Non-Targeted Limits (All Other Counties): All other counties includes the following eighty-three (83) counties: Adams, Alexander, Bond, Boone, Brown, Bureau, Carroll, Cass, Christian, Clark, Clay, Coles, Crawford, Cumberland, De Witt, DeKalb, Douglas, Edgar, Edwards, Effingham, Fayette, Ford, Franklin, Fulton, Gallatin, Greene, Hamilton, Hancock, Hardin, Henderson, Henry, Iroquois, Jackson, Jasper, Jefferson, Jo Daviess, Johnson, Kankakee, Knox, La Salle, Lawrence, Lee, Livingston, Logan, Macon, Macoupin, Marion, Marshall, Mason, Massac, McDonough, Mercer, Montgomery, Morgan, Moultrie, Ogle, Peoria, Perry, Pike, Pope, Pulaski, Putnam, Randolph, Richland, Rock Island, Saline, Schuyler, Scott, Shelby, Stark, Stephenson, Tazewell, Union, Vermillion, Wabash, Warren, Washington, Wayne, White, Whiteside, Williamson, Winnebago, Woodford.​
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**Targeted Limits (All Other Counties): All other counties includes the following twenty-five (25) counties: Adams, Alexander, Christian, Coles, De Kalb, Fayette, Franklin, Jackson, Jefferson, Kankakee, Knox, Livingston, Macon, McDonough, Morgan, Peoria, Richland, Rock Island, Saline, Stephenson, Vermillion, White, Whiteside, Williamson, Winnebago.