HOME Program Income Guidelines

 Return to program outline.

Number of persons
in Household
(30%)
Annual Income
At or Below
(50%)
Annual Income
At Or Below
(60%)
Annual Income
At Or Below
1
$9,950
$16,550
$19,860
2
$11,350
$18,900
$22,680
3
$12,750
$21,300
$25,560
4
$14,200
$23,650
$28,380
5
$15,350
$25,550
$30,660
6
$16,450
$27,450
$32,940
7
$17,600
$29,350
$35,220
8
$18,750
$31,200
$37,440

The property must be free of any liens placed against it, excluding your current mortgage. A 5-year lien will be placed against your property. If your property were sold during the 5-year regulatory period, the loan would need to be paid back. The loan is forgiven at a rate of 20% per year for the five years. If you are interested, please print the application, complete it and send it to the Cortland Housing Assistance Council, Inc. at 159 Main Street, Cortland, NY 13045.

To view and print our form you must have the Adobe Acrobat application installed on your computer. You can download the appropriate version now from Adobe's Web site for free. You may also stop by our office to pick up a form.

Download Adobe Acrobat

 HOME Program Application (75kb)