At Homes of Hope, we want to help you find your dream home with ease and transparency. To income qualify for a HOME-funded affordable home, it's essential to report ALL income that comes into your household. This includes wages, bonuses, alimony, child support, social Security, and any other sources of income. Maximum Income Limits Apply In order to be eligible for an affordable home with HOME funding, your total household income cannot exceed the maximum allowed income based on the number of people living in your home. These income limits are set to ensure that the homes are accessible to those who truly need them and align with the program's guidelines. 2024 ADJUSTED HOME INCOME LIMITS AMI (By Total Household Number) (1 person) $31,050 (2 person) $35,450 (3 person) $39,900 (4 person) $44,300 (5 person) $47,850 (6 person) $51,400 (7 person) $54,650 (8 person) $58,500 Planned move in day must be within 30 days of approval.
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