2009 Rural Housing Income Limits Rise with New Income Structure: Wisconsin and Illinois

April 20, 2009 - PRLog -- As a result of a direct final rule published in the Federal Register, income limits will change effective April 20, 2009. The existing income limit structure will be revised for the Single Family Housing Guaranteed Loan Program (SFHGLP). Instead of eligible adjusted income limits based on households ranging from 1-8 persons, a two tier income structuring consisting of a 1 - 4 member household and a 5 - 8 member household will replace the 1 - 8 person structure. The present add on limits for larger households will remain the same.

View announcement and limits here: http://www.madisonmortgageguys.com/announcements/rural_housing_income_limits.htm

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View our USDA Rural Housing page from our site: http://www.madisonmortgageguys.com/government_loans/rural_housing/index.htm

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