Who is Eligible?

  •  Applicants must be first time homebuyers.
    • A first-time buyer is defined as anyone who has not owned a home for three (3) years. Single parents and displaced homemakers who owned or resided in a home with a spouse during the last three years are also first-time home buyers.
  •  Applicants must complete a certified First Time Homebuyer Training Seminar. To look up classes   near you please visit: www.chapa.org.
  • Applicants must be income eligible.  
    • Income limits are as follows:
        Family Size    
        Income Limit   
       
       1  $54,900
       2  $62,750
       3  $70,600
       4  $78,400
       5  $84,700
       6  $90,950
       7  $97,250
       8  $103,500

                      *Limits effective July 1st, 2020

  •  Liquid assets cannot exceed $25,000 after closing.