Residency
- Applicants must live or work in Loveland for one year prior to application
Housing Need
- Overcrowded conditions
- Unsafe housing
- Rent is more than 40% of your income
- Receive subsidized housing or Section 8 vouchers
- Unable to qualify for a mortgage
Willingness to Partner
- Meet deadlines for application process
- Attend classes once selected
- Complete 200 “sweat equity” volunteer hours
Ability to Pay for Home
- Meet income guidelines (see below)
- Ability to pay bills on time
- No bankruptcy in past 2 years, no foreclosure in past 3 years
- No outstanding liens, judgments or collections (non medical)
- US citizen or legal resident
Meet Income Eligibility
Annual Income (before taxes taken out)
| Number of persons in household | 1 | 2 | 3 | 4 | 5 | 6 |
| max | $81,680 | $81,680 | $91,920 | $102,080 | $110,320 | $118,480 |
| min | $42,300 | $42,300 | $46,860 | $51,380 | $55,160 | $59,240 |
Monthly Income (before taxes taken out)
| max | $6,807 | $6,807 | $7,660 | $8,507 | $9,193 | $9,873 |
| min | $3,525 | $3,525 | $3,905 | $4,282 | $4,597 | $4,850 |
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