For Lenders | Special Programs for HOC Residents | HOC Existing Loan Customers MPP INCOME AND SALES PRICE LIMITS Income Limits and Sales Price Limits
Income
The definition of income for determining eligibility is: the gross annual rate of income of all members of the household that will occupy the property.
The household income does not have to remain below the limits forever. After settlement, there is no limit on household income.
Household size refers to the number of people (adults and minors) who will live in the property as of settlement.
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