INCOME LIMITS

To be eligible for any of MHC's down payment assistance products, you must follow the income limits for the specific product you are using to purchase your new home. Some of the MHC products require that you be a first-time homebuyer in certain counties.

You do not have to be a first-time homebuyer if you are using the Smart6 program or if there is an asterisk (*) under the target section for the other programs.  In the other counties, buyers must not have owned or had an interest in a principal residence in the last 3 years. NT/T means they have split counties and have both non-target & target areas so you will need to check with your lender for those counties.

Purchase Price Limits for Easy8, Trusty10, and JustRate Products: $380,640 (target areas) / $314,760 (non-target areas)

Income Limit for Smart6: $132,770
Purchase Price Limit for Smart6: $398,310

CountyTargetMRB & MCC
1-2 in family
MRB & MCC
3 or more in family
Adams*$93,720$109,340
AlcornNT/T$78,100/$93,720$89,815/$109,340
Amite*$93,720$109,340
Attala*$93,720$109,340
Benton*$93,720$109,340
BolivarNT/T$78,100/$93,720$89,815/$109,340
Calhoun*$93,720$109,340
Carroll*$93,720$109,340
Chickasaw*$93,720$109,340
Choctaw$78,100$89,815
Claiborne*$93,720$109,340
Clarke*$93,720$109,340
ClayNT/T$78,100/$93,720$89,815/$109,340
Coahoma*$93,720$109,340
Copiah*$93,720$109,340
CovingtonNT/T$78,100/$93,720$89,815/$109,340
Desoto$91,100$104,765
ForrestNT/T$81,200/$97,440$93,380/$113,680
Franklin*$93,720$109,340
George*$93,720$109,340
Greene*$93,720$109,340
GrenadaNT/T$78,100/$93,720$89,815/$109,340
HancockNT/T$80,600/$96,720$92,690/$112,840
HarrisonNT/T$80,600/$96,720$92,690/$112,840
HindsNT/T$89,100/$106,920$102,465/$124,740
Holmes*$93,720$109,340
Humphreys*$93,720$109,340
Issaquena*$93,720$109,340
Itawamba$88,300$101,545
JacksonNT/T$97,600/$117,120$112,240/$136,640
Jasper$78,100$89,815
Jefferson*$93,720$109,340
Jefferson Davis*$93,720$109,340
JonesNT/T$78,100/$93,720$89,815/$109,340
Kemper*$93,720$109,340
LafayetteNT/T$92,000/$110,400$105,800/$128,800
LamarNT/T$81,200/$97,440$93,380/$113,680
LauderdaleNT/T$78,100/$93,720$89,815/$109,340
Lawrence*$93,720$109,340
Leake*$93,720$109,340
Lee$95,900$110,285
LefloreNT/T$78,100/$93,720$89,815/$109,340
LincolnNT/T$78,100/$93,720$89,815/$109,340
LowndesNT/T$79,700/$95,640$91,655/$111,580
MadisonNT/T$89,100/$106,920$102,465/$124,740
MarionNT/T$78,100/$93,720$89,815/$109,340
Marshall*$93,720$109,340
MonroeNT/T$78,100/$93,720$89,815/$109,340
Montgomery*$93,720$109,340
NeshobaNT/T$78,100/$93,720$89,815/$109,340
Newton*$93,720$109,340
Noxubee*$93,720$109,340
Oktibbeha*$93,720$109,340
Panola*$93,720$109,340
Pearl RiverNT/T$78,300/$93,960$90,045/$109,620
Perry*$93,720$109,340
Pike*$93,720$109,340
Pontotoc$78,100$89,815
Prentiss*$93,720$109,340
Quitman*$93,720$109,340
Rankin$89,100$102,465
ScottNT/T$78,100/$93,720$89,815/$109,340
Sharkey$78,100$89,815
SimpsonNT/T$78,100/$93,720$89,815/$109,340
Smith$78,100$89,815
Stone*$93,720$109,340
Sunflower*$93,720$109,340
Tallahatchie*$93,720$109,340
Tate$78,100$89,815
TippahNT/T$78,100/$93,720$89,815/$109,340
Tishomingo$78,100$89,815
Tunica*$93,720$109,340
Union$78,800$90,620
Walthall*$93,720$109,340
WarrenNT/T$83,600/$100,320$96,140/$117,040
Washington*$93,720$109,340
Wayne*$93,720$109,340
WebsterNT/T$79,200/$95,040$91,080/$110,880
Wilkinson*$93,720$109,340
Winston*$93,720$109,340
Yalobusha$78,100$89,815
Yazoo*$93,720$109,340

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