| | |  | Blue Ridge Housing Network, Inc. | | Serving the Northern Shenandoah Valley |
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| Do I qualify for HDPAP?
- Homebuyers must meet all eligibility requirements:
- Qualify as a first-time Homebuyer as defined by HUD as one of the following:
- have never owned a home before; or
- have not held primary ownership in a principle residence within the most recent three year period
- Successfully complete a certified Homebuyer Education Course.
- Must have a credit score of 620 or higher.
- Possess a signed purchase offer for a property (turn key at the time of settlement)
- Provide one percent of the sales price of the home from their personal funds towards the purchase of the home or a minimum contribution of $500.00
- The total household income must be between 30% - 80% Area Median Income.
|
Family of
|
One |
Two |
Three |
Four |
Five |
Six |
Seven |
Eight |
| Clarke County & Fauquier County |
|
|
|
|
|
|
|
|
| 30% |
22300 |
25500 |
28700 |
31850 |
34400 |
36950 |
39500 |
42050 |
| 80% |
47350 |
54100 |
60850 |
67600 |
73050 |
78450 |
83850 |
89250 |
Frederick County &
City of Winchester |
|
|
|
|
|
|
|
|
| 30% |
13550 |
15450 |
17400 |
19300 |
20850 |
22400 |
23950 |
25500 |
| 80% |
36050 |
41200 |
46350 |
51500 |
55650 |
59750 |
63900 |
68000 |
| Page County |
|
|
|
|
|
|
|
|
| 30% |
11400 |
13000 |
14650 |
16250 |
17550 |
18850 |
20150 |
21450 |
| 80% |
30350 |
34650 |
39000 |
43300 |
46800 |
50250 |
53700 |
57200 |
| Shenandoah County |
|
|
|
|
|
|
|
|
| 30% |
13300 |
15200 |
17100 |
19000 |
20550 |
22050 |
23600 |
25100 |
| 80% |
35500 |
40600 |
45650 |
50700 |
54800 |
58850 |
62900 |
66950 |
| Warren County |
|
|
|
|
|
|
|
|
| 30% |
15250 |
17400 |
19600 |
21750 |
23500 |
25250 |
27000 |
28750 |
| 80% |
40600 |
46400 |
52200 |
58000 |
62650 |
67300 |
71950 |
76600 |
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| | "Working for safe, decent and affordable housing through community cooperation" |
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