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Homeownership - Do you qualify for this program?Public Housing HomeownershipTo qualify, the applicant must have an income at or below 80% of the county median. Program participants must be creditworthy and have the financial capacity to handle the anticipated costs of homeownership. Interested participants are required to attend a series of homeownership and financial counseling workshops prior to final program approval. To ensure affordability by eligible program participants, EIRHA's Homeownership program provides for a combination of downpayment assistance and below-market purchase prices. The amount of subsidy will be determined by the individual's ability to purchase the home and the affordability of the monthly payment. Applicants for the homeownership program that are currently participating in or have successfully completed the Family Self-Sufficiency program will be given preference.
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EIRHA 7600 Commerce Park Dubuque, IA 563-556-4166 800-942-4648 |