| | |  | Blue Ridge Housing Network, Inc. | | Serving the Northern Shenandoah Valley |
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| Do I qualify?
- 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 possess a credit history that reflects the ability to successfully meet financial obligations and willingness to repay obligation.
- 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% |
21750 |
24850 |
27950 |
31050 |
33550 |
36050 |
38550 |
41000 |
| 80% |
44800 |
51200 |
57600 |
64000 |
69100 |
74250 |
79350 |
84500 |
Frederick County &
City of Winchester |
|
|
|
|
|
|
|
|
| 30% |
13350 |
15250 |
17150 |
19050 |
20600 |
22100 |
23650 |
25150 |
| 80% |
35600 |
40650 |
45750 |
50800 |
54900 |
58950 |
63000 |
67100 |
| Page County |
|
|
|
|
|
|
|
|
| 30% |
11200 |
12800 |
14400 |
16000 |
17300 |
18600 |
19850 |
21150 |
| 80% |
29900 |
34150 |
38400 |
42650 |
46100 |
49500 |
52900 |
56300 |
| Shenandoah County |
|
|
|
|
|
|
|
|
| 30% |
12950 |
14800 |
16650 |
18500 |
20000 |
21500 |
22950 |
24450 |
| 80% |
34550 |
39500 |
44450 |
49350 |
53300 |
57250 |
61200 |
65150 |
| Warren County |
|
|
|
|
|
|
|
|
| 30% |
14550 |
16600 |
18700 |
20750 |
22450 |
24100 |
25750 |
27400 |
| 80% |
38750 |
44250 |
49800 |
55300 |
59750 |
64150 |
68600 |
73000 |
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| | "Working for safe, decent and affordable housing through community cooperation" |
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