About HOAP
While this program is available to all eligible persons and families, our interest in offering this program is to help make the benefits of home ownership possible for:
• Foster parents, or those families who want to become foster parents.
• Parents actively trying to recover their children from protective custody.
• Families participating in Healthy Start.
• Young adults who have aged out of the foster care system.
• People with developmental disabilities
To Qualify:
• Be a first time home buyer [have not owned or purchased in the last five years].
• Have been continuously employed for at least one year prior to application.
• Earn at least $24,000 a year.
• Pass credit and criminal history checks.
• Be able to purchase home owners insurance.
• Be able to make a 3% down payment (assistance may be available for this).
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1% MUST be from your own savings
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Other 2% can be from an assistance programs such as: VIDA and Purchase Assistance Loan (PAL), gift money, etc
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Click here for a spreadsheet of household size vs. median income.
• Attend required Homebuyer/Home Ownership classes.
• Maintain your new home as your primary residence, once acquired.
• Be or become a resident of Marion County.