Homebuyers Assistance, Homeowner Rehabilitation

Homebuyer Assistance

1. Funds must be used to purchase a primary residence, however, if you presently own a home, disposition of title must be concurrent with, or prior to, close of escrow for the new property (Local jurisdictions may restrict funding for first-time homebuyers only);
2. Property must be owner occupied (property may not be sub-leased);
3. Available only for dwellings which qualify as real property (i.e. mobile homes must be affixed to a foundation).

Homeowner Rehabilitation

1. Property must be owner occupied;
2. Property must meet HOME maximum and minimum subsidy limits (the amount of funds allowed per unit);
3. After-rehabilitation property value must not exceed 95 percent of the median property value limit for the area as determined by HUD;
4. Property must meet, at a minimum, the Section 8 Housing Quality Standards.

Program Contacts

Please contact the following for information and assistance with any of the above: