Interest Rate Reduction for Low Income Borrowers (IRRLIB) Income Limits

Area	Interest Rate Reduction	Income Levels	1 Person	2 Person	3 Person	4 or More
Aleutians West Census Area	½%	80%	$66,400	$75,850	$85,350	$94,800
Aleutians West Census Area	1%	60%	$50,050	$58,390	$69,220	$80,050
Anchorage MSA	½%	80%	$67,850	$77,550	$87,250	$96,900
Anchorage MSA	1%	60%	$50,900	$58,390	$69,220	$80,050
Bethel Census Area	½%	80%	$63,950	$73,050	$82,200	$91,300
Bethel Census Area	1%	60%	$50,050	$58,390	$69,220	$80,050
Bristol Bay Borough	½%	80%	$62,625	$71,550	$80,500	$89,425
Bristol Bay Borough	1%	60%	$50,050	$58,390	$69,220	$80,050
Chugach Census Area	½%	80%	$62,625	$71,550	$80,500	$89,425
Chugach Census Area	1%	60%	$50,050	$58,390	$69,220	$80,050
Copper River Census Area	½%	80%	$62,625	$71,550	$80,500	$89,425
Copper River Census Area	1%	60%	$50,050	$58,390	$69,220	$80,050
Denali Borough	½%	80%	$68,500	$78,250	$88,050	$97,800
Denali Borough	1%	60%	$57,500	$65,700	$73,900	$82,100
Fairbanks MSA	½%	80%	$62,625	$71,550	$80,500	$89,425
Fairbanks MSA	1%	60%	$50,050	$58,390	$69,220	$80,050
Juneau City & Borough	½%	80%	$67,700	$77,350	$87,000	$96,650
Juneau City & Borough	1%	60%	$50,800	$58,390	$69,220	$80,050
Kodiak Island Borough	½%	80%	$62,625	$71,550	$80,500	$89,425
Kodiak Island Borough	1%	60%	$50,050	$58,390	$69,220	$80,050
Mat-Su Borough	½%	80%	$62,625	$71,550	$80,500	$89,425
Mat-Su Borough	1%	60%	$50,050	$58,390	$69,220	$80,050
Nome	½%	80%	$62,625	$71,550	$80,500	$89,425
Nome	1%	60%	$50,050	$58,390	$69,220	$80,050
Sitka City and Borough	½%	80%	$64,200	$73,400	$82,550	$91,700
Sitka City and Borough	1%	60%	$50,050	$58,390	$69,220	$80,050
All Other Areas	½%	80%	$62,625	$71,550	$80,500	$89,425
All Other Areas	1%	60%	$50,050	$58,390	$69,220	$80,050

Effective 05/07/2024

Note: The reduction applies to the first $180,000 of the loan amount.