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Homebuyer
Eligibility
Persons who are
interested in purchasing one of the income-restricted homes must meet
the following income guidelines. Eligibility is determined through the
applicants W2 forms for the previous two (2) years AND original pay
stubs for the prior thirty (30) days showing year-to-date income for
each employed member of the household. Applicants must also provide
copies of any income from child support, pensions, social security,
or public assistance.
If you are unsure
if you meet these guidelines, please contact Karen Ainsley either by phone (574) 232-9182
or e-mail nnndirector@sbcglobal.net.
She will be happy to assist you.
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Income
Eligibility Guidelines
(Established by HUD 2008 - Equal Housing Opportunity)
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Household
Size
(# of Persons to Live in the Home)
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Eligible
Income Range
(Total Household Income Per Year)
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1
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$12,501
to $33,300
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2
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$14,301 to $38,100
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3
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$16,051
to $42,850
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4
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$17,851
to $47,600
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5
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$19,301
to $51,400
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6
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$20,701
to $55,200
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7
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$22,151
to $59,000
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8
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$23,551
to $62,850
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