| | |  | 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% |
21550 |
24650 |
27700 |
30800 |
33250 |
35750 |
38200 |
40650 |
| 80% |
44800 |
51200 |
57600 |
64000 |
69100 |
74250 |
79350 |
84500 |
Frederick County &
City of Winchester |
|
|
|
|
|
|
|
|
| 30% |
13500 |
15400 |
17350 |
19250 |
20800 |
22350 |
23850 |
25400 |
| 80% |
35950 |
41100 |
46200 |
51350 |
55450 |
59550 |
63650 |
57800 |
| Page County |
|
|
|
|
|
|
|
|
| 30% |
11150 |
12750 |
14350 |
15950 |
17250 |
18500 |
19800 |
21050 |
| 80% |
29750 |
34000 |
38250 |
42500 |
45900 |
49300 |
52700 |
56100 |
| Shenandoah County |
|
|
|
|
|
|
|
|
| 30% |
13000 |
14850 |
16700 |
18550 |
20050 |
21500 |
23000 |
24500 |
| 80% |
34600 |
39550 |
44500 |
49450 |
53400 |
57350 |
61300 |
65250 |
| Warren County |
|
|
|
|
|
|
|
|
| 30% |
14700 |
16800 |
18900 |
21000 |
22700 |
24350 |
26050 |
27700 |
| 80% |
39200 |
44800 |
50400 |
56000 |
60500 |
64950 |
69450 |
73900 |
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| | "Working for safe, decent and affordable housing through community cooperation" |
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