Treasury has set income limits for the HAF program at 2X and 3X the HUD low income median incomes adjusted by household size. Most but NOT all of the HUD low income limits are set at 50% of median income.
To drill down to the specifics for each Oregon county I have created an Excel worksheet HERE and embedded below to lookup the relevant 100% and 150% of HUD's low income limit for all Oregon counties.
ALL that the user has to do is select the county name and all the relevant values for different household sizes are calculated. The default view is for Multnomah county (would apply to other Portland metro counties also). The 4 person 100% income limit is $96,700, and at 150% it is $145,050.
Source of Income Limits Could Change
Note that my calculated $96,700 100% median income limit is slightly lower than the published $96,900 median income for the Portland metro area.
My 4 person Portland metro calculated 100% median income limit of $96,700 is also substantially lower than the 3 or more person $117,119 to $135,380 income limit now permitted by the Oregon bond homeownership loan program.
It is possible (likely?) that Treasury will publish further income limit guidance that will allow use of other income limit standards. But for now I believe this is the most accurate calculation available.
Originally created and posted on the Oregon Housing Blog.
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