05/15/2023
🚨2023 HUD income limits have been released! (FINALLY)🚨
As you have heard when it comes to qualifying for grant funds through the Federal Home Loan Bank of Chicago's Downpayment Plus when purchasing a new house there are income limits based on the number of people living in the household, and the county of the new home purchase as well. The 2023 income limits have now been released! Please reach out if you would like for me to look at scenarios if you are on the fence of buying, or in the process of looking for a new home now. Below are a few examples of the max income limits for Sangamon and Logan county for reference.
Sangamon county (number per household)
1 person - $55,650
2 people - $63,600
3 people - $71,550
4 people - $79,450
Logan county (number per household)
1 person - $47,600
2 people - $54,400
3 people - $61,200
4 people - $68,000