Building Communities... Not Just Homes
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Building Communities... Not Just Homes
San Antonio Alternative Housing Corporation • 1215 S. Trinity • San Antonio • Texas • 78207 • 210-224-2349 • 210-224-9686 fax
HOW DO I QUALIFY?
The following requirements are basic. Everyones application is looked at individually and some applications may require more information.
Have not owned a home in the past 3 years (exceptions may apply)
Have income at or below the 80% median income level for HOME funds consideration (see chart at right)
Have adequate income to support monthly mortgage payments
Have “workable” credit history
Have 2-year employment history in the same line of work
Attend a once a week Homeownership Education Class for seven weeks
Provide all other necessary documentation for the lending institution
Family Size Max Income
1 32,050
2 36,600
3 41,200
4 45,750
5 49,400
6 53,050
7 56,750
8 60,400
9 61,250
As of 4/27/09