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<br />Page - 2 | METROPOLITAN COUNCIL
<br />Do you plan to solicit bids from MCUB businesses? ☐Yes ☒No
<br />
<br />☒Check here for acknowledgement of Met Council MCUB approved businesses list.
<br />
<br />If you plan to consider an equity component in your grant fund distributions, please provide a
<br />statement explaining how you plan to do this:
<br />To include an equity component for the program, staff used the income limits utilized by the
<br />Metropolitan Council, which are based on the Federal Housing of Urban Development (HUD) limits.
<br />Then graduated the maximum assistance based on those limits as presented below:
<br />FY 2024 Income Limits
<br />Summary
<br /> FY 2024 Income Limit Area Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro
<br />FMR Area
<br /> Median Family Income $124,200
<br /> Persons in Family
<br />FY 2024 Income Limit
<br />Category 1 2 3 4 5 6 7 8
<br />Extremely Low Income
<br />Limits ($)
<br /> $
<br />26,100
<br /> $
<br />29,800
<br /> $
<br />33,550
<br /> $
<br />37,250
<br /> $
<br />40,250
<br /> $
<br />43,250
<br /> $
<br />47,340
<br /> $
<br />52,720
<br />Very Low (50%) Income
<br />Limits ($)
<br /> $
<br />43,500
<br /> $
<br />49,700
<br /> $
<br />55,900
<br /> $
<br />62,100
<br /> $
<br />67,100
<br /> $
<br />72,050
<br /> $
<br />77,050
<br /> $
<br />82,000
<br />Low (80%) Income Limits ($)
<br /> $
<br />68,500
<br /> $
<br />78,250
<br /> $
<br />88,050
<br /> $
<br />97,800
<br /> $
<br />105,650
<br /> $
<br />113,450
<br /> $
<br />121,300
<br /> $
<br />129,100
<br />
<br />Grant awards may be 50% of eligible costs up to $5,000. For private property owners meeting their
<br />municipality’s equity criterion, the grant award may increase up to $10,000.
<br />
<br /> Persons in Family
<br />Reimbursement $ Max 1 2 3 4 5 6 7 8+
<br />Extremely Low Income
<br /> $
<br />8,600
<br /> $
<br />8,800
<br /> $
<br />9,000
<br /> $
<br />9,200
<br /> $
<br />9,400
<br /> $
<br />9,600
<br /> $
<br />9,800
<br /> $
<br />10,000
<br />Very Low (50%) Income
<br /> $
<br />7,000
<br /> $
<br />7,200
<br /> $
<br />7,400
<br /> $
<br />7,600
<br /> $
<br />7,800
<br /> $
<br />8,000
<br /> $
<br />8,200
<br /> $
<br />8,400
<br />Low (80%) Income
<br /> $
<br />5,400
<br /> $
<br />5,600
<br /> $
<br />5,800
<br /> $
<br />6,000
<br /> $
<br />6,200
<br /> $
<br />6,400
<br /> $
<br />6,600
<br /> $
<br />6,800
<br />
<br />
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