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2009 Rural Housing Income Limits to Increase with New Structure

Posted by madisonmortgage on April 20th, 2009

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As a result of a direct final rule published in the Federal Register, income limits will change effective April 20, 2009. The existing income limit structure will be revised for the Single Family Housing Guaranteed Loan Program (SFHGLP). Instead of eligible adjusted income limits based on households ranging from 1-8 persons, a two tier income structuring consisting of a 1 – 4 member household and a 5 – 8 member household will replace the 1 – 8 person structure. The present add on limits for larger households will remain the same.

Wisconsin 2009 Rural Housing Income Limits: PDF

Illinois 2009 Rural Housing Income Limits: PDF

Rural Housing program information

Your local Wisconsin and Illinois Mortgage Banker:

Dennis Hardy
Toll Free: (877) 240-5810 x104
dennis.hardy@madisonmortgageguys.com
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