Affordability Test and Other Resources

Affordability Test

The Affordability Test for Sellers is a self-service tool that makes it easier to identify affordable housing loans. It estimates the number and percentage of specific units per property that meet very low-income (VLI) or low-income (LI) eligibility parameters and also estimates the amount of uncapped and capped unpaid balance (UPB). These parameters are based on a specific county’s area median income (AMI) threshold as determined by the U.S. Department of Housing and Urban Development (HUD).

The following inputs are required for the tool:

• State in which the property is located
• County in which the property is located
• Number of units per bedroom type
• Monthly rent & utilities payment per bedroom type

Affordability Test (Revised January 3, 2020)

Affordability Test Directions

Affordability Test Frequently Asked Questions

Other Resources

Duty to Serve Mapping Tool

2020 FHFA Scorecard: Mission-Driven Requirements and Markets