First Home Limited (TEP) Acquisition Cost Limits In Non-Targeted Areas

Non-Targeted Areas New or Existing Single Family Existing Duplex
Aleutians West Census $607,690 $777,950
Anchorage Municipality $544,232 $696,816
Bristol Bay Borough $544,232 $696,816
Denali Borough $544,232 $696,816
Fairbanks North Star Borough $544,232 $696,816
Haines Borough $544,232 $696,816
Hoonah-Angoon Census Area $544,414 $696,921
Juneau City & Borough $574,261 $735,177
Ketchikan Gateway Borough $544,232 $696,816
Kodiak Island Borough $562,322 $719,864
Matanuska-Susitna Borough $544,232 $696,816
Nome Census Area $544,232 $696,816
North Slope Borough $544,232 $696,816
Petersburg Census Area $544,232 $696,816
Sitka City & Borough $608,884 $779,454
Skagway Municipality $544,414 $696,921
Wrangell City & Borough $544,232 $696,816
Yakutat City & Borough $544,232 $696,816
All Other Areas $544,232 $696,816

Effective 05/07/2025

* High-Cost Housing Area – An upward income adjustment for areas where housing costs exceed income by a ratio greater than the national level.