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There
are only these few requirements to be elgible for
down payment assistance.
Eligibility
Requirements for down payment assistance:
- You
can not earn more than the income limits listed
in the
income
table below, subject
to change annually.
These figures are you GROSS income - before taxes.
- You
may not have owned a home for the last three years,
unless you are a displaced homemaker, or your home
has been determined to be substandard.
- You
must occupy the home that you buy.
- In
order to qualify for down payment assistance, the
home you buy must be within the city limits or Leon
County and can not be mobile or modular.
Find
out What Down payment
Assistance Covers |
|
Income
Limits for Tallahassee / Leon County
Effective March 4, 2008
Area Median Income: $62,100
Income
Category |
Number
of Persons in Family |
| |
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
Very,
very Low
<30%
median |
$13,050 |
$14,900 |
$16,800 |
$18,650 |
$20,150 |
$21,650 |
$23,150 |
$24,600 |
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Very
Low
<50% median
|
$21,750
|
$24,850
|
$27,950 |
$31,050 |
$33,550 |
$36,000 |
$38,500 |
$41,000 |
Low
50-80% median |
$34,800 |
$39,750 |
$44,750 |
$49,700 |
$53,700 |
$57,650 |
$61,650 |
$65,600 |
These
figures are your GROSS income before taxes and
may be subject to change annually.
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