INCOME LIMITS

To be eligible for any of MHC's down payment assistance products, you must follow the income limits for the county in which you are considering purchasing 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 Smart Solution 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 MHC Products: $332,000 (targeted areas) / $275,000 (non-target areas)

CountyTargetMRB7 & MCC
1-2 in family
MRB & MCC
3 or more in family
Adams*$86,160$100,520
AlcornNT/T$71,800/$86,160$82,570/$100,520
Amite*$86,160$100,520
Attala*$86,160$100,520
Benton*$86,160$100,520
BolivarNT/T$71,800/$86,160$82,570/$100,520
Calhoun*$86,160$100,520
Carroll$76,500$87,975
Chickasaw*$86,160$100,520
Choctaw$71,800$82,570
Claiborne*$86,160$100,520
ClarkeNT/T$71,800/$86,160$82,570/$100,520
Clay*$86,160$100,520
Coahoma*$86,160$100,520
Copiah*$86,160$100,520
CovingtonNT/T$71,800/$86,160$82,570/$100,520
Desoto$81,00$93,150
ForrestNT/T$79,000/$94,800$90,850/$110,600
Franklin*$86,160$100,520
George*$86,160$100,520
Greene*$86,160$100,520
GrenadaNT/T$71,800/$86,160$82,570/$100,520
HancockNT/T$72,200/$86,640$83,030/$101,080
HarrisonNT/T$72,200/$86,640$83,030/$101,080
HindsNT/T$79,900/$95,880$91,885/$111,860
Holmes*$86,160$100,520
Humphreys*$86,160$100,520
Issaquena*$86,160$100,520
Itawamba$72,200$83,030
JacksonNT/T$85,300/$102,360$98,095/$119,420
JasperNT/T$71,800/$86,160$82,570/$100,520
Jefferson*$86,160$100,520
Jefferson Davis*$86,160$100,520
Jones*$86,160$100,520
Kemper*$86,160$100,520
LafayetteNT/T$76,200/$91,440$87,630/106,680
LamarNT/T$79,000/$94,800$90,850/$110,600
LauderdaleNT/T$71,800/$86,160$82,570/$100,520
Lawrence*$86,160$100,520
Leake*$86,160$100,520
Lee$85,600$98,440
LefloreNT/T$71,800/$86,160$82,570/$100,520
LincolnNT/T$71,800/$86,160$82,570/$100,520
LowndesNT/T$78,500/$94,200$90,275/$109,900
MadisonNT/T$79,900/$95,880$91,885/$111,860
MarionNT/T$71,800/$86,160$82,570/$100,520
Marshall*$86,160$100,520
MonroeNT/T$71,800/$86,160$82,570/$100,520
Montgomery*$86,160$100,520
Neshoba$71,800$82,570
NewtonNT/T$71,800/$86,160$82,570/$100,520
Noxubee*$86,160$100,520
OktibbehaNT/T$74,200/$89,040$85,330/$103,880
Panola*$86,160$100,520
Pearl RiverNT/T$76,000/$91,200$87,400/$106,400
Perry*$86,160$100,520
Pike*$86,160$100,520
Pontotoc$72,800$83,720
Prentiss*$86,160$100,520
Quitman*$86,160$100,520
Rankin$79,900$91,885
Scott*$86,160$100,520
Sharkey*$86,160$100,520
Simpson$71,800$82,570
Smith$72,800$83,720
Stone*$86,160$100,520
Sunflower*$86,160$100,520
Tallahatchie*$86,160$100,520
Tate$71,800$82,570
Tippah$71,800$82,570
Tishomingo$71,800$82,570
Tunica*$86,160$100,520
Union$72,600$83,490
Walthall*$86,160$100,520
WarrenNT/T$75,300/$90,360$86,595/$105,420
Washington*$86,160$100,520
Wayne*$86,160$100,520
WebsterNT/T$76,200/$91,440$87,630/$106,680
Wilkinson*$86,160$100,520
Winston*$86,160$100,520
Yalobusha$71,800$82,570
Yazoo*$86,160$100,520

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