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Income Eligibility:

  For owner-occupied projects, household gross annual income must be less than or equal to 80% of the Thurston County median income (see chart below).  "Household income" includes income from all adult members of the household.  If you are self-employed with an income that varies from month to month, we will typically look at the average for the last two years to determine income eligibility.

   For rental projects, the income guidelines apply to the tenants household income and not the owner's income.  The same maximum income levels for owner-occupied projects apply to the tenant's income for rental projects (see chart below).  The property must be rented or leased to income-eligible tenants until the loan is repaid.
Maximum Gross Annual Income

Household Size:

 1 2 3 4 5 6 7 8
Maximum Annual Income: $37,150 $42,450 $47,750 $53,050 $57,300 $61,550 $65,800 $70,050

Effective 2/13/2008
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