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Table A-14: 2021 Alameda County Ability to Pay for Housing and Fair Market Rent and Purchase Prices
<br />Number..
<br />1 2 3 4
<br />Extremely Low (0-30% AMI)
<br />Annual Income Limit
<br />$28,800
<br />$32,900
<br />$37,000
<br />$41,100
<br />Monthly Income
<br />$2,400
<br />$2,742
<br />$3,083
<br />$3,425
<br />Max. Monthly Gross Rent'
<br />$720
<br />$823
<br />$925
<br />$1,028
<br />Max. Purchase Price 5% down2
<br />$125,250
<br />$145,000
<br />$165,000
<br />$185,000
<br />Max. Purchase Price 20% down3
<br />$164,000
<br />$190,000
<br />$215,750
<br />$241,750
<br />Very Low (30-50% AMI)
<br />Annual Income Limit
<br />$47,950
<br />$54,800
<br />$61,650
<br />$68,500
<br />Monthly Income
<br />$3,996
<br />$4,567
<br />$5,138
<br />$5,708
<br />Max. Monthly Gross Rent'
<br />$1,199
<br />$1,370
<br />$1,541
<br />$1,713
<br />Max. Purchase Price 5% down2
<br />$217,750
<br />$250,750
<br />$283,750
<br />$317,000
<br />Max. Purchase Price 20% down3
<br />$285,000
<br />$328,250
<br />$371,500
<br />$414,500
<br />Low (50-80% AMI)
<br />Annual Income Limit
<br />$76,750
<br />$87,700
<br />$98,650
<br />$109,600
<br />Monthly Income
<br />$6,396
<br />$7,308
<br />$8,221
<br />$9,133
<br />Max. Monthly Gross Rent'
<br />$1,919
<br />$2,193
<br />$2,466
<br />$2,740
<br />Max. Purchase Price 5% down2
<br />$356,500
<br />$409,500
<br />$462,250
<br />$515,000
<br />Max. Purchase Price 20% down3
<br />$467,000
<br />$536,000
<br />$605,000
<br />$674,000
<br />Median (100% AMI)
<br />Annual Income Limit
<br />$87,900
<br />$100,500
<br />$113,050
<br />$125,600
<br />Monthly Income
<br />$7,325
<br />$8,375
<br />$9,421
<br />$10,467
<br />Max. Monthly Gross Rent'
<br />$2,198
<br />$2,513
<br />$2,826
<br />$3,140
<br />Max. Purchase Price 5% down2
<br />$388,000
<br />$449,000
<br />$476,951
<br />$508,420
<br />Max. Purchase Price 20% down3
<br />$506,000
<br />$566,430
<br />$630,000
<br />$704,800
<br />Moderate (80-120% AMI)
<br />Annual Income Limit
<br />$105,500
<br />$120,550
<br />$135,650
<br />$150,700
<br />Monthly Income
<br />$8,792
<br />$10,046
<br />$11,304
<br />$12,558
<br />Max. Monthly Gross Rent'
<br />$2,638
<br />$3,014
<br />$3,391
<br />$3,768
<br />Max. Purchase Price 5% down2
<br />$495,500
<br />$568,000
<br />$640,500
<br />$713,250
<br />Max. Purchase Price 20% down3
<br />$648,250
<br />$743,250
<br />$838,500
<br />$934,750
<br />120-150% AMI
<br />Annual Income Limit
<br />$131,850
<br />$150,750
<br />$169,575
<br />$188,400
<br />Monthly Income
<br />$10,988
<br />$12,563
<br />$14,131
<br />$15,700
<br />A-58 I City of Pleasanton Housing Needs Assessment
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