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What additional qualifying criteria are required from the returned application forms?

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What additional qualifying criteria are required from the returned application forms?

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In the case of individual residential property owners, the applicants must be able to show that their total household income annually is $75,000 or less and that they continue to own the same residential property that they owned as of December 31, 2008. In the case of entities (corporations, fiduciaries, pass-through entities, associations, joint-stock companies, syndicates, trusts or estates, or other nonnatural persons), the applicants must be able to show that the total income of the person or persons controlling at least 25% interest in the entity is annually $75,000 or less and that they continue to own the same residential property that they owned as of December 31, 2008.

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