The City of Boulder is committed to making homes in our community available to a variety of people. We offer opportunities for homeownership to those with low, moderate, and middle incomes. Homes are sold at below market-rate prices to income eligible buyers who intend to owner occupy the home.
Homes are sold at below market-rate prices to income eligible buyers who intend to owner occupy the home. Homes are permanently affordable and governed by an Affordability Covenant that limits the resale price and places other restrictions on the home. Homes for sale in this program are listed on the Homes for Sale page.
Each Permanently Affordable home has its own income limit. Many are lower than these limits. Check the homes for sale listed on our website for examples.
| NUMBER OF PEOPLE | INCOME MAX (HUD Low Income Limit + 50% - 121% of AMI) | ASSETS MAX |
|---|---|---|
| 1 PERSON | $123,460 | $153,300 |
| 2 PEOPLE | $141,095 | $175,200 |
| 3 PEOPLE | $158,730 | $197,100 |
| 4 PEOPLE | $176,370 | $219,000 |
| 5 PEOPLE | $190,500 | $236,550 |
| 6 PEOPLE | $204,635 | $254,100 |
| 7 PEOPLE | $218,770 | $271,650 |
| 8 PEOPLE | $232,900 | $289,200 |
Income is based on gross income for standard employees and net income for self-employed people.
If there are questions regarding asset limits, please contact program staff as some exceptions can be made for extenuating circumstances (recent divorce, retirement, disability).
Retirement assets can be deducted based on this chart. Assets must be in a designated retirement account to be exempted.
| AGE | EXEMPT AMOUNT |
|---|---|
| Under 40 | $30,000 |
| 40-55 | $55,000 |
| Over 55 | $110,000 |
