Generally, OakCLT’s single-family homeownership opportunities are available to households that earn less than
80 percent of the area median income (AMI) in Oakland. This is determined by adding up the incomes of all the household members that will live in your home — this total will determine the gross income for your household. See the table below for the current City of Oakland income limits. (Note: if your household income is close to the range based on your household size, or your are unsure how to calculate this for your household, please still continue with a preliminary application and we can assess your eligibility based on additional documentation.)
Household Size / número de personas en su hogar
|
City of Oakland: 2022 Income Limits (80% of the Area Median Income)
|
1 Person / Personas |
$76,750 maximum |
2 People / Personas |
$87,700 maximum |
3 People / Personas |
$98,650 maximum |
4 People / Personas |
$109,600 maximum |
5 People / Personas |
$118,400 maximum |
6 People / Personas |
$127,150 maximum |