The FDIC established the Affordable Housing Disposition Program (AHP), to enhance its ability to sell single family and multifamily properties that will benefit Low Income families. In return for purchasing a property at a price below the fair market value, purchasers agree to make units available to Low and Very Low Income households at affordable rents. The rent and income restrictions are designed to assure that the property serves families in need of affordable housing.

AHC monitors compliance of FDIC properties in the state of Minnesota.

Contact Alan Halm at 651-222-8319 with questions about the FDIC program or e-mail him at: alan@ahcinc.net

Manuals and Forms
 + FDIC Affordable Housing Program - Property Owner's Manual 
 

FDIC Income and Rent Limits

Download FDIC income and rent limits below;
Income Limits (PDF)
Rent Limits (PDF)

These income and rent limits are effective as of March 2008. AHC will notify owners and managers as soon as new 2009 limits are published.