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Neighborhood program guidelines

By
Real Estate Agent with Elite Real Estate Pros

-- According to the Pinal County fact sheet, there are two levels for qualification. Level 1 has two categories — very low income below 50 percent of median income in the county, equating to a family of four earning less than $32,750, and low income, below 80 percent of median, equating to a family of four earning less than $52,400. Level 2 is a moderate income below 120 percent of median, equating to a family of four earning less than $78,600.

 

-- Applicants must qualify themselves through a private lender. If they are turned down three times, assistance from Pinal County may be available.

-- Down payment help of up to 20 percent of the home price.

-- Up to $5,000 toward closing costs.

-- Up to $25,000 toward bringing the house to standards.

-- Applicants must provide up to $1,000 of their own money.

Full information on the program, plus information on the existing program to help renovate owner-occupied homes, is available at the Casa Grande Neighborhood Development office in the basement of City Hall, 510 E. Florence Blvd. The phone number is 421-8670.

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