Are You Ready To Provide A Safe, Decent, Affordable Home For Your Family?
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Have you been a resident of Culpeper County or the Town of Culpeper for at least one year?
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Are you unable to obtain a conventional home loan?
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Is your current home overpriced, overcrowded or in disrepair?
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Are you willing to help us build your new home?
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Are you able to make monthly mortgage and escrow payments?
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All family members' income is included in the calculation of a family's total gross income
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Income from all wages, SSI, SSDI, food stamps, housing assistance, retirement, alimony, VA benefits, child support, etc. are included
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The guidelines are annual (to convert monthly income to annual multiply amount by 12)
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Do you meet the income limits listed?
# OF PEOPLE IN HOUSEHOLD MINIMUM* MAXIMUM* 2 $20,450 $40,920 3 $23,000 $46,020 4 $26,200 $51,120 5 $30,680 $55,260 *Income levels are set annually by US Department of Housing & Urban Development and are 30-60% of the adjusted median income for Culpeper County. (Note: Minimum income limits have been adjusted to reflect the income required to afford the mortgage payment for the house size required for the family size.)
*FY 2018 income limits summary--HUD
Please review ALL of the requirements under ELIGIBILITY, if you meet ALL of these requirements, then go to HOW TO APPLY.