Income and Purchase Limits for the following programs:
 

 Updated:  January 29, 2018

           
 

 

* * * * * * * * * *      Maximum Income Limits      * * * * * * * * * *

Purchase
 Price
 Limits

 

 

County or area:

Small Household
1 or 2 people

Large Household
 3 or more people

           
  * Blaine $75,120 $87,640 $331,423
    Carbon $67,700 $77,855 $271,165
    Cascade $62,600 $71,990 $271,165
  *    City of Great Falls $75,120 $87,640 $331,423
    Dawson $67,000 $75,050 $271,165
  * Deer Lodge $75,120 $87,640 $331,423
    Fallon $69,500 $79,925 $271,165
  * Flathead $75,120 $87,640 $339,059
    Gallatin $75,623 $89,966 $351,529
  *   Gallatin Census Tracts 6 and 11.01 $85,200 $99,400 $429,647
  * Hill $75,120 $87,640 $331,423
    Jefferson $77,200 $88,780 $273,176
    Lewis & Clark $70,100 $80,615 $273,176
    Lincoln $62,600 $71,990 $271,165
  *    Lincoln Census Tract 2 $75,120 $87,640 $331,423
    Madison $69,579 $80,016 $299,647
  * Mineral $75,120 $87,640 $331,423
  * Missoula $85,440 $99,680 $357,176
    Richland $72,600 $83,490 $271,165
  * Sanders $75,120 $87,640 $331,423
    Sheridan $70,700 $81,305 $271,165
  * Silver Bow $75,120 $87,640 $331,423
    Stillwater $74,400 $85,560 $271,165
    Sweet Grass $65,900 $75,785 $271,165
    Yellowstone $67,700 $77,855 $271,165
    All other Counties $62,600 $71,990 $271,165
  *       Targeted Areas      
           
  www.housing.mt.gov
 
     
 
 
     
 
 406-841-2840

Printable version of Income and Purchase Limits

Explanation of how income limits are calculated:  The formulas for calculating the Mortgage Revenue Bond Program income limits are set by the Department of the Treasury, using data on median income generated by HUD.  Montana Housing has the ability to adopt income limits that are lower than the limits set by the formula, but cannot go higher.  The limits are based on the area median income for the county, or for the state, whichever is greater.  The area median income is defined as 100% of the area median income for a 4 person household.   Non-targeted area Treasury limits are set at 100% of area median income for one and two person households, and 115% of area median for 3 or more person households.  In targeted areas, these limits go to 120% and 140% respectively.   New income figures are released by HUD once a year, usually in February or March.  It has been the practice of the Board to adopt the limits from the Treasury formula

Loan Amount Limit:  $257,607

Income Limits: None

Purchase Price Limit: None


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